red baron wrote on Aug 30
th, 2015 at 9:25am:
I'm just stating cold hard facts Im Spartacus...The Libs have painted how rosy it will be in the Electricity Garden now they have the green light to sell it off.
Well the only thing that will be in that garden is weeds.
As usual the public have been conned. Why you would want to sell of a utility that generates 2 billion dollars a year profit beats the f... out of me. Short term gain...long term pain after the Libs piss the windfall up against the wall.
There are 4 main reasons for selling public utilities:
1. To get money to reduce government debt.
This is stupid hand to mouth short term thinking. For the one off sale we lose annual revenue and put control of the facility into unaccountable private hands driven by the profit motive who have complete control over pricing to serve their purposes not ours.
2. To create more investment opportunities for those with excess liquidity.
Since when are we here to create investment opportunities for private interests esp foreign private interests and if its a profit opportunity its because its going cheap. You know Unforgiven you really are a closet liberal.
3. To increase the access of the utility to money for development of their facilities.
This is propaganda BS. History shows that the opposite is true. Private enterprise is notorious for running down facilities for profit. Governments on the other hand have a history of properly maintaining and developing government facilities.
4. To make the utility more responsive to consumer demand if indeed competition is enabled or ensured in the privatization.
More blatant propaganda BS. ACTW AGL partly privatised the ACTGrid and customer service is woeful. At the moment the have a phone hotline. On 2 occasions I phoned them last year (not in 1990 like Unforgiven's stories) and stayed on hold for over 90 min on each occasion forced to listen to there stupid repeat message ("Your call is important to us") only to be cut off by them without a chance to speak to anyone. And you wait. They will go the same way all private enterprise service providers are going, where they make sure not to provide a phone number on their web site so you can't call them. Instead you have to go online to their FAQ.
Like all liberals and liberal wannabes Unforgiven believes what he is told instead of what he sees before his very eyes. Customer service by private enterprise is woeful
Red Baron needs to turn it's flagpole into a lance and find some windmills to knock down.
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