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Thread ID: 124814	2012-05-21 04:19:00	Asset sales will leave Govt worse off	1101 (13337)	PC World Chat

Post ID	Timestamp	Content	User
1276606	2012-05-24 21:21:00	How much of an asset is a business if you have to borrow $100,000 to buy it, yet it only makes you $3,000 a year, which is less than the interest paid on the amount borrowed to own the asset? I still want the number s... If these assets weren't making the Government a good return why would private enterprise (that has to pay more interest on borrowed money) even be interested? The tragedy is that the Government is being pressured into releasing some "blue chip" investments into the market because investors aren't inspired by existing private industry.	PaulD (232)
1276607	2012-05-24 22:29:00	Very Christian of you Chill Thanks, it's how I roll... If these assets weren't making the Government a good return why would private enterprise (that has to pay more interest on borrowed money) even be interested? I dunno, lets ask everybody who invested in Facebook (Regardless of the fact underwriters had to keep the share price propped up), the company turns over ~$1B a year on average currently, yet stock price indicates the company would be valued at ~$100B. They have SFA assets so the majority of that is purely goodwill and stupidity (Considering something like 2/3 of people on Facebook don't trust Facebook with confidential details). Yet, people still seem to buy into it?!	Chilling_Silence (9)
1276608	2012-05-24 23:13:00	I would be all for free enterprise as you put it but all the evidence seems to show it is not working (Why is the USA debt so high) and those countries where the Govt's are more involved in the every day business affairs are doing so much better. Free enterprise has long gone in USA, that is what Romney talks of returning too, problem is, there is a terrible tendency for governments to interfere in the free enterprise system. Which country are you referring too that is doing well today.?	Cicero (40)
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