Sean McHugh wrote:
> Stan Pierce wrote:
>
>> "Sean McHugh" wrote in message
>> news:477D7F90.7DBC0FCD@exemail.com.au...
>> (snipped)
>>
>>> the NSW Labor government has been
>>> trying to sell its power utilities to the Chinese. Yep, China running
>>> our power. They even lied cold in trying to cover it up, but you won't
>>> hear much media bleating about that - at least not as much as the
>>> carry-on over any small rise in interest rates under Howard.
>>>
>> Just thinking about that...it sounds outrageous. But they don't end up
>> actually ' running' the power utility though.
>> I think they end up doing like everyone else...looking at the books, seeing
>> what the profit is and sending the profit to shareholders. They might,
>> just might, invest some of the profit in infrastructure for the future.
>> Maybe better than the existing government.
>> As long as they don't keep the profit and have a legal getout that says the
>> government has to keep taxing the public for infrastructure costs. Just a
>> thought.
>>
>
> These things are never digital, and you can be absolutely certain,
> that if China buys a power station, it is going to want some say in
> the running of it. It will be theirs, after all. Even Costa
> inadvertently admits this, trying to quell union concerns. He doesn't
> say that foreign owners won't have any control, only that there will
> be measures taken to protect jobs:
>
> http://en.epochtimes.com/news/7-12-19/63093.html
>
> Costa said:
>
> ~ But, he said protections were in place to ensure job security,
> ~ which should be the main concern of unions about the Government's
> ~ plans to sell off its electricity retailers and lease its power
> ~ generators.
>
Yeah, job security for whom. How many non-Asians do you see working in
Asian run businesses?
>
> He also said:
>
> ~ The Chinese delegation is out looking at clean coal technology.
>
> ~ It's a big jump from looking at clean coal technology to
> ~ claiming that we're going to sell to foreign ownership.
>
>
> He was lying.
>
>
> In any case, selling off any of the county's assets, into foreign
> hands, is bad. When even our electricity supplies look like being sold
> off, even the most deaf should hear the alarm bells.
>
>
> Best Regards,
>
>
> Sean McHugh
>
--
rgds,
Pete
=====
http://pw352.blogspot.com/
"I'm not afraid of dying. I just don't want to be be there when it happens!" - Spike Milligan
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