The welfare state

[mashman]

You are starting to sound more and more like a labour lacky with every post.
You just make up any old shit just to make a noise and when you are picked up on it you just say "i knew that". Its getting very boring now.

I think you should be sent to PD for excessive use of emoticons.

a labour lacky. There is a reason I've never voted ya know
You'd be amazed, obviously, at what I do know. When I'm picked up on something I "try" to explain myself... but that explanation will be from my point of view... no need for me to toe a party line as others seem to... let alone categorise a person by their perceived political affiliation.

I'm already in a land of pointless drivel... I'd like to see that change and once there, it'll be emoticons for everyone

You have no clue, do you?

Was wondering if you'd take the time to educate me on the finer points by leaving some "questions" ... but as per usual, you don't. And yes, I have A clue (you posted one earlier, I know, I noticed , hence the "questions")... but I am also aware that I don't know it all, quite possibly not even close.

[Oscar]

Was wondering if you'd take the time to educate me on the finer points by leaving some "questions" ... but as per usual, you don't. And yes, I have A clue (you posted one earlier, I know, I noticed , hence the "questions")... but I am also aware that I don't know it all, quite possibly not even close.

As usual, you've made some stupid comments on a subject you obviously know little or nothing about, and are now backing it up with more gibberish.

And since gibberish seems to be your specialist subject, I'll leave you to it.

[mashman]

As usual, you've made some stupid comments on a subject you obviously know little or nothing about, and are now backing it up with more gibberish.

And since gibberish seems to be your specialist subject, I'll leave you to it.

So post the stupid comments and point our where I was wrong. I have no fear of being wrong, humiliated and ridiculed publicly. Or is that beneath you... which I suspect it is, hence the lack of a question mark.

Back up what you're claiming for a change instead of running away. Ya know, have the argument that you know you're going to win and have that all too familiar superior glow you receive afterwards

[Oscar]

So post the stupid comments and point our where I was wrong. I have no fear of being wrong, humiliated and ridiculed publicly. Or is that beneath you... which I suspect it is, hence the lack of a question mark.

Back up what you're claiming for a change instead of running away. Ya know, have the argument that you know you're going to win and have that all too familiar superior glow you receive afterwards

Your comments about SOE's are gibberish.
You appear to be inferring that R&M + investment in new technology is funded by the Govt. This is simply not true.

[oneofsix]

Your comments about SOE's are gibberish.
You appear to be inferring that R&M + investment in new technology is funded by the Govt. This is simply not true.

SOE's investing in new tech
Perhaps I should read back through the thread, there might be serious thought there somewhere

[mashman]

Your comments about SOE's are gibberish.
You appear to be inferring that R&M + investment in new technology is funded by the Govt. This is simply not true.

but but but... you're right... I do think that that is the case... and it would appear that I wasn't the only one.

SOEs like any other business set money aside each year to replace/build new plant. These are strong businesses with near monopolies so I don't think you have to worry too much.

[Oscar]

but but but... you're right... I do think that that is the case... and it would appear that I wasn't the only one.

They pay their shareholders a dividend (the Govt. in this instance), and put some money aside for future development and R&M. Like any other business.

But you seem to think that the money moves in the other direction:

If we're using the money from the asset sales to pay off overseas debt, there will be less $$$ available for investment/maintenance of the actual assets. Having nearly cut the "steady" cashflow in half, investment/maintenance will suffer and any shortfalls will need to be covered (up) and probably by the govt at our expense as the major shareholder... who will then have to borrow from overseas again for investment/maintenance etc... One consequence will be higher elecrticity prices... Pick away big boy.

This is, even by your standards, pretty stupid.

[mashman]

They pay their shareholders a dividend (the Govt. in this instance), and put some money aside for future development and R&M. Like any other business.

But you seem to think that the money moves in the other direction:

So the govt don't put ANY money into an SOE in the form of initiatives (?loans?) to augment the R+M budget available to that SOE?

If we're using the money from the asset sales to pay off overseas debt, there will be less $$$ available for investment/maintenance of the actual assets. Having nearly cut the "steady" cashflow in half, investment/maintenance will suffer and any shortfalls will need to be covered (up) and probably by the govt at our expense as the major shareholder... who will then have to borrow from overseas again for investment/maintenance etc... One consequence will be higher elecrticity prices... Pick away big boy.

This is, even by your standards, pretty stupid.

Heh, aye that one has a few things in there that could probably do with a wee smidge of seperation

Assets sales = money away from govt and money away from R+M budget? (supposedly paying off debt, but most likely not).
Govt "loses" 49% of what they would have received had they had 100% ownership? (albeit traded for lump sum)
That 49% becomes "dead" money imho. Shareholders probably won't directly invest in R+M of the SOE, govt/taxpayer will probably have to cover any shortfall as main shareholder?
Causing govt to borrow/tax more? either at a consumer level (price rises) or at the shareholder level (no return)?

[Oscar]

So the govt don't put ANY money into an SOE in the form of initiatives (?loans?) to augment the R+M budget available to that SOE?



Heh, aye that one has a few things in there that could probably do with a wee smidge of seperation

Assets sales = money away from govt and money away from R+M budget? (supposedly paying off debt, but most likely not).
Govt "loses" 49% of what they would have received had they had 100% ownership? (albeit traded for lump sum)
That 49% becomes "dead" money imho. Shareholders probably won't directly invest in R+M of the SOE, govt/taxpayer will probably have to cover any shortfall as main shareholder?
Causing govt to borrow/tax more? either at a consumer level (price rises) or at the shareholder level (no return)?

Do you even know what R&M is?
Why would any viable business be asking it's shareholders for money to cover this?

[oneofsix]

So the govt don't put ANY money into an SOE in the form of initiatives (?loans?) to augment the R+M budget available to that SOE?

Didn't with T'com and that generation of SOE's, haven't seen any in the power companies, TVNZ was denied the chance to invest in tech that would have made them SKY competitive and if you think Freeview is SOE investment think again. SOE is just a separation step to prepare them for sale, so they can get some stock history etc.

[The Stranger:Me]

... bunch of ignorant cunts the lot of 'em... we want to help people reach their potential irrespective of wether they'd like to or not... ha ha ha ha ha ha haaaaaaaaaaaaa... that attitude is gonna work

What's your angle here, why do you find it humorous?

[Ocean1]

Do you even know what R&M is?
Why would any viable business be asking it's shareholders for money to cover this?

I reckon he's got it as Research and somethingsimilarstartingwithM.

[mashman]

Do you even know what R&M is?
Why would any viable business be asking it's shareholders for money to cover this?

I'm assuming Resources and Manitenance...
Are you saying it doesn't happen?

Didn't with T'com and that generation of SOE's, haven't seen any in the power companies, TVNZ was denied the chance to invest in tech that would have made them SKY competitive and if you think Freeview is SOE investment think again. SOE is just a separation step to prepare them for sale, so they can get some stock history etc.

So it doesn't happen then?

What's your angle here, why do you find it humorous?

waaaaaaa ha ha ha ha aaaaaaaaaa stop it please...

I reckon he's got it as Research and somethingsimilarstartingwithM.

could be that too I guess

[BoristheBiter]

I'm already in a land of pointless drivel... I'd like to see that change and once there, it'll be emoticons for everyone

.

God help us all

So post the stupid comments and point our where I was wrong. I have no fear of being wrong, humiliated and ridiculed publicly. Or is that beneath you... which I suspect it is, hence the lack of a question mark.
:

Like ther is another way on KB??

[Oscar]

I'm assuming Resources and Manitenance...
Are you saying it doesn't happen?

It stands for Repairs and Maintenance, and any company that needed to ask money ‎from shareholders for this is not long for this world.‎ Your comments are indicative of your tenuous grasp on this subject (not to mention your tenuous grasp on reality).‎

I think you were referring to Capital Investment and Research, and I don’t recall any ‎SOE ever having to ask the Govt. for money to fund this.‎