Hasbeen...The governments of the world are very good in saying "their not in a panic"...but we know much better:)...Tony and the ADF have finely not seen Australia as something to invest in, as they get spat apon protecting us....but as we sit in sh!t...they see the overwhelming reality of a world going broke.

Some say, shoot the messenger...but what do I know, when it comes to home land understandings.....Tony....you have only one chance of getting the Australian people to believe in you.

PLANET

Hasbeen,keep the abc/sbs archives..[ie put every second of tape/recordING..film stock..online..THEN SELL OFF THE PHYSICAL/STAFF CAMERAS ETC

iM FINE selling abc..but not the sufff it made
sell OFF THE FUTURE STUFFA..UNDER LICENCE..but retain..than 'in the can'

sure teLECOM..was a mess..BUT IT WAS SOLD AFTER THE HARD WPORK WAS DONE
sorry about the yelling..but we had allready paid..for the changes[to compare the expensive bad old days..with computer evolution..

see mate..how before..automotation//ONLY govt could run it
but once we got it built[think nbn]..it was time to reap in the cream..thats when big money became intrested.

IT BECAME PROFITABLE..so then govt..serviles..gave it to their 'mate's'

and please NOTE..the public servants get a nice cash/dividend check FOR OWNING A LARGE CHUNK OF IT..EVEN NOW.

its tReason mate..they stole our asseT..
when it looked like govt was going broke

/PLUS WE TOP UP THEIR egregiously generous..pensions plus SUPER..
but its acts of treason all round..NEST FEATHERING ELITES.

all privatization..only want that ..WHICH IS..giving over regular return
so the moneyed elite..gets its treasonous mates to deliver
its politics 101..nest feather..[that same thing saw half a billion fed cash gifts..plus half a billi9on of qld govt gift given to a magnesium..plant..in Gladstone..tHAT NEVER got built..[IE it was only for shareholder/return]..

recall they gave away state fortress[38,000 ACRES [within 1 hour of brisbane cbd..for 800/million..[pennies on THE DOLLAR]..at market rates..LOCAL land retails for 300.000 ACRE..as shopping districts etc [ie whole town places..it could retail off in multiple billions easy..

[to my mind they ONLY BOUGHT THE RAW VALUE..of the trees
got the land for free.

its just what greedy do
they dont eat peanuts.

It always amazes me the way the anti privatisation lobby always vilifies the people who by and large create better companies and more efficiency from the public organisations that are sold off, and on top of that then complain that the dividends and profits go to all the "rich" people who took the risk and supplied the capital to produce the wealth. They often forget that much of that wealth comes back to them from the investment made on their behalf by the super funds. Where do they think their pension comes from? Peter Costello set up the Future Fund anticipating the drain on consolidated revenue from taxes to pay the public servants. Where is that money invested? Private enterprise. Initially started from a huge hunk of money from the sale of Telstra.

Nothing is ever simple and straightforward as so many posters here seem to think. Anyone can invest in these companies to get a return. Make a few sacrifices in the early years and enjoy the magic of a compounding yield in later years.

SNAKE..<<..They often forget that much of that wealth comes back to them from the investment made on their behalf by the super funds.>>

yes we all built..TELECOM*..then the public service reaped the harvest

we all BUILT THE common-wealth bank..then 'investers'..stole it[for 8 billuion..[it now pays 8 billion prOFIT]..we took the RISK*[THEY STOLE GREAT ASSETS

<<..Where do they think their pension comes from?>>

the servants get iT FROM TELecom shares
OUR used tO..but now it comes from taxing others

BEtween just thOSE TWO..is HALF/the..COST..of the rest of us pensions

go figure..the servants got em

<<..Peter Costello set up the Future Fund anticipating the drain on consolidated revenue from taxes to pay the public servants.>>

no worries the foxes own the income STREAMNOW

PLUS GREAT 'MANAGMENT FEES

<<.Where is that money invested? Private enterprise.>>

yep they didnt risk..actually building em
only stole them

<<.Initially started from a huge hunk of money from the sale of Telstra.>>

stolen from the restof us ALL*
NOW ONLY FOR THEM*

<<..Nothing is ever simple and straightforward as so many posters here seem to think. Anyone can invest in these companies to get a return.>>

but who took the risk
[think nbn..telstra gets it by default
ie the public servants STOLE MORE..we paid for something teLSTRA SHOULD HAVE..but no the tax payers took the rISK*..IN THE END your mates will take it all

again

<<.. Make a few sacrifices in the early years and enjoy the magic of a compounding yield in later years.>>

how much fOR NBN?
HOW MUCH FOR THE ABC ARCHIVE?

bah..get ye behind me satan*

Yes Ludwig, the demand side has to be attacked as well.
It is looking like the crunch will come earlier than expected especially
if interest rates rise in the US.
That will enforce a cut back in immigration provided the whole government has not gone insane.
People complain about the sale of assets, Well I think Telstra was a
liability but did become very successful under normal management.
The "rich" don't own these companies that is just communist propaganda.
It is as out of date as communism, it is just the left do not realise it.
The vast majority of shareholders are Australians especially when you
add in super funds.

As far as QANTAS is concerned only a raving lunatic would invest there.

Everyone who looks a bit further than Alan Kohler's three minutes on
the ABC each night will quickly realise that things are in a pretty
grim state, not just in this country but in virtually all developed countries.
An example, the ABC shows oil at approx $US97 when in fact we pay TAPIS US $125 !
Another reason our manufacturing has had it !

Despite the "recovery" the US is displaying their situation is getting
very much worse. At the end of February we are going to have another
stand off to raise their borrowing limit from the ionosphere to the stratosphere.
If the Republicans decide that enough is enough then the US will
default and millions will lose their jobs.

MIKK, the reason the government is looking for something to sell is because
YOU DO NOT HAVE THE MONEY !

I have to say I never really understand your posts OUG.

The NBN never underwent a cost benefit analysis in spite of the opposition requesting it. It seems obvious to me this is an exact case in point. If it was under the direction of private enterprise it would never have got off the ground and will prove a waste of tax payer's money as the cost is snowballing and the time factor being drawn out. But then the government loves spending other people's money without any responsibility to share holders. This is our money…Yes , but under whose direction?

Private enterprise is competitive Nothing was stolen from anyone as you maintain. it was sold on the open market and the resultant money received from people willing to take a punt on their investment, and used by the government for the people of Australia.

You seem to have a very strange perspective on the way economies work. We live in a capitalist environment, while certainly not perfect, is certainly better than the alternative if you look at the countries round the world that don't embrace it. Perhaps you should go and live in Cuba. They don't even have Broad Band there. Do you have a chip on your shoulder when it comes to those that work hard, take risks and invest their talents for financial gain ?

I agree with you that some public servants are handed better benefits than the rest of us and have less accountability. That's why it is often better to have private enterprise run a business, because they usually run a "tighter ship" and get better results. They have the incentive to do so.

Bazz… I agree with you entirely.