Hard News: On Ideas
160 Responses
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Am sure you're fevered, madam. I may think markets have their uses, but have yet to see much good spoken of PPPs anywhere they have been tried. Just a complex way of transferring public money into private pockets.
But even Fletcher Construction don't want them here because they're not that good for the private sector either - except the lawyers and bankers who cream it during negotiation of course. Oh, government overrun with financiers you say?
However, I'm certainly with you on Auckland local government changes being a first crack at turning the whole country into a rich white wet dream.
Wishing you a swift recovery.
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I found this scary piece in the paper yesterday. The thought of one operator owning a chunk of Marsden Point that's, at present, in the hands of two oil companies, should give serious pause. We're already subject to a distinctly uncompetitive market for petroleum fuels, at least part of which blame is to do with the cosy relationship between the petrol company operators and the refinery.
A foreign operator, making money only from the refinery operations, will doubtless push to increase margin to ensure greatest possible return. That is entirely natural, but that doesn't mean it should be allowed. Of course, with National set to gut controls on foreign investment, we may be left with no choice but to lube up a little more and clutch our collective motoring ankles a little harder.
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I found this scary piece in the paper yesterday. The thought of one operator owning a chunk of Marsden Point that's, at present, in the hands of two oil companies, should give serious pause. We're already subject to a distinctly uncompetitive market for petroleum fuels, at least part of which blame is to do with the cosy relationship between the petrol company operators and the refinery.
A foreign operator, making money only from the refinery operations, will doubtless push to increase margin to ensure greatest possible return. That is entirely natural, but that doesn't mean it should be allowed. Of course, with National set to gut controls on foreign investment, we may be left with no choice but to lube up a little more and clutch our collective motoring ankles a little harder.
That deserves scrutiny from the Commerce Commission, or what's left of it.
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There will be no scrutiny. "Open for business" remember, cried Billyboy. It seems our fresh leaders are so bereft of ideas and ambition and our managers so feeble that they need foreigners to buy our existing assets and export our jobs and profits. Because that has worked so well for the country since the last time they did it with gusto. Plonkers.
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There will be no scrutiny.
Of course not. Just wondering how long before it's "because of the recession" that we have a Key reason for raising eligibility for super.
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Still, just goes to show,it's who you are
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Still, just goes to show,it's who you are
I'd love to get a copy of that -then maybe even I could understand it. Slightly longer version on the Guardian website.
Love the ending:
Professor Luis Garicano, to whom the Queen directed her question when she visited the LSE in November last year, said: "She seemed very interested, and she asked me: 'How come nobody could foresee it?' I think the main answer is that people were doing what they were paid to do, and behaved according to their incentives, but in many cases they were being paid to do the wrong things from society's perspective."
Obviously a communist. Maybe even an Italian one.
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Probly waving his arms around and all.
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Obviously a communist. Maybe even an Italian one.
If Gio had anything to do with it.He may be imagining
firemen
over at Huffington.:)Probly waving his arms around and all.
lol
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..but have yet to see much good spoken of PPPs anywhere they have been tried. Just a complex way of transferring public money into private pockets.
Sacha, there's mixed experience with toll road PPPs in Sydney - some ok, some terrible... tolled roads are part of (I think) pretty much all routes into/out of Sydney and aside from the failed Cross City Tunnel, I wonder if anyone knows who is getting which toll - government or merchant banks?
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