Asset sale protests!

[FJRider]

because people arent being given the information

By that comment ... this actually seems then, protests are nothing more than political anti-goverment action ... based on uninformed opinion ... and biased reasoning.

Hardly ... valid arguements.

[FJRider]

deja vu

So ... at least one New Zealander made money out of the asset sales ... last time.

[Brian d marge]

By that comment ... this actually seems then, protests are nothing more than political anti-goverment action ... based on uninformed opinion ... and biased reasoning.

Hardly ... valid arguements.

Largely yes, and the government knows this , as well as ONLY 400 people from christchurch actually marched , 4/2500, not exactly great over whelming numbers.

Still doesnt make the actual sales a good idea though.

Stephen

[Brian d marge]

Information that can't be given out ... as it is not yet written into any contract .... yet. Any comment on what IS possibly going to be in them ... is down to ... guesswork and assumptions. Hardly the basis of valid arguments.

see my other post , but if 2 out of your 3 other countires have done similar , chances are your will do the same ...but your quite right untill it IS pear shaped how can one know it will go that way ..



IF ... thats a big if ... but there are more if's ...

If they want to take the risk.
If they accept the conditions of sale.
If they have the finance to buy in for the price/terms.
If the goverment can come up with a deal that's not political suicide ... come the next election.


All true, one could assume that the English water company " international water limited " would have enough money and reasons ,, but then again it may not want to buy in ...

political suicide , yes possibly , but if labour continues the madness or doesnt buy back , then someone else is calling the shots ....the bank maybe??


If operational costs are reduced/removed as part of sale conditions ... those costs are not returns as such, but savings. Either way ... it's still money in the bank. If tax breaks are given in return for greater operational costs covered ... The buyer company profit still remains viable. As do returns to goverment coffers.
Where are these saving going to come from ? reduced salaries, reduced services , job cuts or higher charges? If the government gives tax breaks isnt it losing on its return?




If they think they can't ... they won't buy in ... one would think ???

Why did Toll buy Kiwirail? to make money , set up a sub group toll nz and try and run it at a profit , profit being the key word , those profits went ...to australia, was reinvested back into kiwi rail ,,,in fact the ( toll ) won the Rogers award for a few years for being an arse of a company , so did telcom and mighty river power

No help to me , I lost all of my services and the prices went up..

no battery on l;ap top , so will return tomorrow

Stephen



At this stage it's only guesswork on what actually will be sold. To compare the sale of an existing business ... to one's being built in China ... is just plain scaremongering.

[QUOTE=Brian d'marge;1130357439]The argument people such as FJ rider are quite valid for the business environment , sorry but water is an essential service ( try not using it for a while ) as is electricity and the health system

The supply of required water amounts to hydro schemes, cannot be guaranted ... even by goverment. Production of water is not under goverment control.

The public health system is already subsidised by the private health companys ... as they share/use most of the equipment public hospitals have. If they didn't ... waiting lists would be shorter, but more expensive to fund (by goverment)



If any product is needed ... and a system/structure is built to provide it ... costs to provide that service must be met. If that product is wasted by the consumer ... it's only fair to expect to pay more for the service ... isn't it ???
If 20 years ago ... people were told they would be buying bottled water in supermarkets by the gallon ... they would (and were) laughed at.



Who is to say the "old electricity board" would not have put the price up ???
Or because it was goverment run ... they would cover any increases out of our taxes ??? I doubt it ...


answer these tomorrow sorry

Stephen

[jasonu]

And if five different people were asked/able to give an explanation of such sales ... five different explanations would result.

Yep just like those occupy wankers.

[scumdog]

Well that shut the oldrider an scumbag club up for a change.

Yes, well, having to go to work (for the tax-payer) did rather inconveniently curtail any posts from ME on this thread...

[scumdog]

But I suppose being an agent of the state, you'd be led to believe some fairy story about it making some kind of financial sense.

Jump to all the suppositons ya want sonny.

It still won't make you right...


It seems you may have overlooked the fact I made NO mention of the financial wisdom or otherwise of selling assets....

[MisterD]

Most would be reasonably more informed than the Tory muppets who belieive Asset Sales make any financial sense.

Can you explain without a cut-and-paste from a Green or Labour party flier, why they don't?

(snipped a bunch of boilerplate conspiracy nonsense.
How does selling ANY of it make sense if they are already making money? If you had a dairy farm and some debt, would you sell half your cows or just sell the milk?

Can you explain why Fairfax are selling down their holding in Trademe, which is one of the most profitable parts of their business then?

Why wouldn't you, in your dairy example, sell a half share in your herd to an investor in order to finance a new milking shed? The government is selling a share in assets providing a financial return, in order to pay for assets that produce a return in other less direct way to the country: schools, roads...

All of that said, people are overlooking the obvious objection. All New Zealanders ALREADY OWN THESE ASSETS!

Excellent, can you show me where I get to go to the AGM and ask the directors questions about the company's performance?

[BoristheBiter]

All this crap about "Mum and Dad investors" is a crock too. Most Kiwis dont even have the 2-3k lying around to spend on shares, and the ones that might, will sell them to offshore interests as soon as a buck can be made so effectively nearly all of the future profits from the SOE's will go to big corporartes. Big corporates who have a track record of fucking the other 99% of the world ever since the industrial revolution started.

Well maybe if they had used their money to better effect they might still have some money left over to invest for their future.

[MSTRS:Me]

Didn't Rogernomics occur in the 1980s? And wasn't that a huge success for us all?

[oldrider]

The world is made up of leaders and followers ... those that do and those that only do what others tell them to!

So all the protesters were doing their own thing were they? Yeah right!

The politicians of this world (especially NZ) are running around like headless chooks rearranging the deck chairs on the Titanic!

NZ is a brainwashed socialist state, leaderless and devoid of original thought only able to react to mob rule behaviour and that's what the protests were ... mob rule!

The funny part is that even if it was the entire country turning out ... it still has no official or legal or political status ... the politicians just carry on!

The not so funny part is that a lot of you were there .... I rest my case!

[BoristheBiter]

The world is made up of leaders and followers ... those that do and those that only do what others tell them to!

So all the protesters were doing their own thing were they? Yeah right!

The politicians of this world (especially NZ) are running around like headless chooks rearranging the deck chairs on the Titanic!

NZ is a brainwashed socialist state, leaderless and devoid of original thought only able to react to mob rule behaviour and that's what the protests were ... mob rule!

The funny part is that even if it was the entire country turning out ... it still has no official or legal or political status ... the politicians just carry on!

The not so funny part is that a lot of you were there .... I rest my case!

The problem is there are fuck all people worth a dam to vote for. Nats and Labour will never change, the greens, Maori and Mana are all loopy activists, and the rest will never become big enough to make a difference because as you said NZ is brain washed. (a bit harsh but close enough).

I knew the Nats were going to sell 49% the assets and I still voted for them, not because I agree with it, but there was no one else to vote for that has any idea (well plausible idea) how to work in a financial fuck up we have at the moment and they said the government would hold the still hold the 51% majority share.

All the others that sit and cry about the selling of the assets should have voted Labour as that was the only way to stop it.
But you didn't, well some didn't, and now you think bleating about on the streets (or forum) will change the fact that at least one of the assets is going to be partially sold.

You got your chance to voice your opinion last year and will again. You just have to weigh up what you can live with or can't live without, and when you choose you should have the balls to stand up for that choice you make.

[Drew]

I recently had to walk the length of Welle central, because these fuckin wankers were protesting and the busses weren't able to run.

"What do we want"? "TVNZ". "When do we want it"? "Now"!

Copper told me to get off the road before I could confront them. I was fuckin livid man.

[Damantis]

Jump to all the suppositons ya want sonny.

It still won't make you right...


It seems you may have overlooked the fact I made NO mention of the financial wisdom or otherwise of selling assets....

So, does that mean it's a purely ideological approval in your case then? It's a financial decision that affects the future generations of those of all ideologies. That's why it's so bloody arrogant to assume it's a great idea to sell half of one of the few good income streams the government will ever have, just for a short term gain.

[mashman]

Well maybe if they had used their money to better effect they might still have some money left over to invest for their BRIGHTER future.

fixed that for ya.

Like those who invested in Blue Chip or Bridgecorp or Hanover? SCF gets a special mention because they were bailed out with interest... fuck me that sounds vaguely familiar. Perhaps Mum and Dad need to invest in some of those no lose schemes and as we have a country full of really really clever finance people, put the two together and let's see if we can build something that is too big to fail... until it fails that is, but meh, we might have retired by then and the debt will have been passed on to the next generation to pay off. Fuckin genius suggestion there Boris