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| Thread ID: 65620 | 2006-01-24 23:01:00 | Which government privatised our copper wire to Telecom? | braindead (1685) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 424021 | 2006-01-25 19:11:00 | Bravo Graham L. | zqwerty (97) | ||
| 424022 | 2006-01-25 19:12:00 | I think you might find it was the Honorable Member for Ponsonby, Richard Prebble, rumors have it, <oh bugger this line I was going add, but didn't, gets a bit hot> The Muldoon government wasnt it? The Muldoon government never sold Jack Schit, that is why we have a debt problem today, because of the blow out in paying for the interest on the money we borrowed to pay the debt . . . as far as I know? But then if "The Muldoon government" had of sold the family silver to pay the debt his name would still be 5hit, a "loose, loose" situation . but then the debt would not be there, (I think) |
Eric (378) | ||
| 424023 | 2006-01-25 19:51:00 | The Muldoon government wasnt it? As they say, Muldoon was the most Socialist Prime Minister Labour never had. ;) |
MartynC (5610) | ||
| 424024 | 2006-01-25 20:16:00 | All that 'sell it off" mania was buyer-driven . People who knew they could get their hands on a big fat under-returning state asset, strip it down, boot out the deadwood and wring a profit out of it . The 'efficiency' and 'customer focus' aspect of it was the advertising . Now we have a lot more rich people (the ones who jumped on the new band wagon) and a lot more poor people (the ones who got kicked off the old one) . This division is ultimately unstable, the homeowner's security budget has to go up, pushing salaries up, driving wages down . Natrional wants to do it all over again . |
mark c (247) | ||
| 424025 | 2006-01-25 20:53:00 | The Fourth Labour Government under David Lange sold the New Zealand Post Office Telephone and Telegraphic system . This included the copper network . The main reservation was the Kiwi Share which required Telecom to always provide free residential local calls . The purpose was to use the money to repay our huge government debt . NZ Railways and Government Print were also sold for the same reason . Idealogically we can argue until the cows come home as to whether such sales were necessary or the right thing to do . But despite the universal loathing of Telecom, we have to admit that their service is light years ahead of what it was 20 years ago . 6 weeks to get a phone connected sometimes . The other point which is often forgotten is that nations all over the globe, including former communist countries were doing exactly the same thing - selling formerly government owned businesses to private enterprise . So what NZ did wasn't unusual but we were leaders internationally at privatisation . |
Winston001 (3612) | ||
| 424026 | 2006-01-25 21:42:00 | Very moderate and non-inflammatory post Win001. There's no point arguing about it till the cows come home cause the cows have been sold off. A mate of mine does just this. He works for a European company that asset strips countries. He's been in Oz, Czech Republic, Germany and now Iraq. He says it's like taking candy from babies. There is very little resistance, most people can be persuaded by promise of cheaper services and greater efficiencies and the few recalcitrants can be told that it has to be good because other places have done it already. We weren't the first because we were advanced, just more gullible. Now not only national assets are gone from our ownership and contraol but also our stategic assets. |
mark c (247) | ||
| 424027 | 2006-01-25 21:46:00 | Very moderate and non-inflammatory post Win001. There's no point arguing about it till the cows come home cause the cows have been sold off. LOL! :lol: |
stu161204 (123) | ||
| 424028 | 2006-01-25 22:50:00 | The Muldoon government never sold Jack Schit, that is why we have a debt problem today, because of the blow out in paying for the interest on the money we borrowed to pay the debt . Actually the debt problem is worse today even after all the family silver being sold off because most of the debt was just privitised and now most of the dividends head overseas instead of remaining in this country . |
mikebartnz (21) | ||
| 424029 | 2006-01-25 22:59:00 | Idealogically we can argue until the cows come home as to whether such sales were necessary or the right thing to do. But despite the universal loathing of Telecom, we have to admit that their service is light years ahead of what it was 20 years ago. 6 weeks to get a phone connected sometimes. When telecom bought it most of the exchanges had just been upgraded so it wasn't really until the internet came along that Telecom had to do any upgrading. The old exchanges (before the upgrade) took alot more work to get someone connected. So Telecom hasn't done so very much and we can't tell what state they would be in now if it hadn't been privitised. |
mikebartnz (21) | ||
| 424030 | 2006-01-25 23:32:00 | The sales were ideology driven. The ideology is based on economic theories. Economic theorys work well, as long as their application is confined to spreadsheets. As soon as they are applied to the real world, they stop working. The economists don't care; they've got a fact-free subject. They just follow a new fashion. | Graham L (2) | ||
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