Australian Politics Forum - Should the government buy back public assets?

Auggie Gold Member Offline The Bull Moose Posts: 8571	Should the government buy back public assets? Feb 21^st, 2018 at 2:13pm We know that governments are in the business of selling off public assets. Should a future government be willing to buy back public assets? Or confiscate them?
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Bam

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Re: Should the government buy back public assets?
Reply #1 - Feb 21^st, 2018 at 2:29pm

Auggie wrote on Feb 21^st, 2018 at 2:13pm:

We know that governments are in the business of selling off public assets. Should a future government be willing to buy back public assets? Or confiscate them?

Confiscation is not an option because it would be unconstitutional. Acquisition of private property by the Federal government can only be done on just terms.

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You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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Aussie

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Re: Should the government buy back public assets?
Reply #2 - Feb 21^st, 2018 at 2:33pm

Bam wrote on Feb 21^st, 2018 at 2:29pm:

Auggie wrote on Feb 21^st, 2018 at 2:13pm:

We know that governments are in the business of selling off public assets. Should a future government be willing to buy back public assets? Or confiscate them?

Confiscation is not an option because it would be unconstitutional. Acquisition of private property by the Federal government can only be done on just terms.

Yeas, 'It's the vibe.'

Cool

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issuevoter Gold Member Offline Australian Politics Posts: 9200 The Great State of Mind Gender:	Re: Should the government buy back public assets? Reply #3 - Feb 21^st, 2018 at 2:37pm According to all the economists, the government is going broke and will be raising pension age until it intersects with the average death age. So, they would have to borrow the money to buy back assets. Any profit the asset made would be already spent. Why bother?
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Bobby. Gold Member Online Australian Politics Posts: 95254 Melbourne Gender:	Re: Should the government buy back public assets? Reply #4 - Feb 21^st, 2018 at 2:47pm The assets are so run down that we should pay 1 cent in the dollar for them. e.g. every time we get a 1 day heatwave or 100km/hr wind the electricity fails - what a joke. Private industry stinks.
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Its time

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Re: Should the government buy back public assets?
Reply #5 - Feb 21^st, 2018 at 3:04pm

Bobby. wrote on Feb 21^st, 2018 at 2:47pm:

The assets are so run down that we should pay 1 cent in the dollar for them.

e.g.

every time we get a 1 day heatwave or 100km/hr wind
the electricity fails - what a joke.

Private industry stinks.

It sure does Booby , those filthy corrupt libtards sure have a lot to answer for

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Auggie

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Re: Should the government buy back public assets?
Reply #6 - Feb 21^st, 2018 at 3:29pm

Bam wrote on Feb 21^st, 2018 at 2:29pm:

Auggie wrote on Feb 21^st, 2018 at 2:13pm:

We know that governments are in the business of selling off public assets. Should a future government be willing to buy back public assets? Or confiscate them?

Confiscation is not an option because it would be unconstitutional. Acquisition of private property by the Federal government can only be done on just terms.

True, but the States can do it.

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Auggie

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Re: Should the government buy back public assets?
Reply #7 - Feb 21^st, 2018 at 3:30pm

issuevoter wrote on Feb 21^st, 2018 at 2:37pm:

According to all the economists, the government is going broke and will be raising pension age until it intersects with the average death age. So, they would have to borrow the money to buy back assets. Any profit the asset made would be already spent. Why bother?

State governments can confiscate assets. Should they do so?

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Auggie

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Re: Should the government buy back public assets?
Reply #8 - Feb 21^st, 2018 at 3:31pm

Aussie wrote on Feb 21^st, 2018 at 2:33pm:

Bam wrote on Feb 21^st, 2018 at 2:29pm:

Auggie wrote on Feb 21^st, 2018 at 2:13pm:

We know that governments are in the business of selling off public assets. Should a future government be willing to buy back public assets? Or confiscate them?

Confiscation is not an option because it would be unconstitutional. Acquisition of private property by the Federal government can only be done on just terms.

Yeas, 'It's the vibe.'

Cool

The States can do it though. There is no constitutional restriction on the States from confiscating assets.

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polite_gandalf Gold Member Offline Australian Politics Posts: 20023 Canberra Gender:	Re: Should the government buy back public assets? Reply #9 - Feb 21^st, 2018 at 3:47pm The case of British Rail severely undermines the argument that public transport in private hands is more efficient. Corbyn has pledged to put this asset back into public hands.
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Auggie Gold Member Offline The Bull Moose Posts: 8571	Re: Should the government buy back public assets? Reply #10 - Feb 21^st, 2018 at 3:53pm polite_gandalf wrote on Feb 21^st, 2018 at 3:47pm: The case of British Rail severely undermines the argument that public transport in private hands is more efficient. Corbyn has pledged to put this asset back into public hands. Should assets be bought back or confiscated?
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Redmond Neck

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Re: Should the government buy back public assets?
Reply #11 - Feb 21^st, 2018 at 4:11pm

Auggie wrote on Feb 21^st, 2018 at 3:53pm:

polite_gandalf wrote on Feb 21^st, 2018 at 3:47pm:

The case of British Rail severely undermines the argument that public transport in private hands is more efficient. Corbyn has pledged to put this asset back into public hands.

Should assets be bought back or confiscated?

Perhaps place such strong restrictions on them that they can be handed back!

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BAN ALL THESE ABO SITES RECOGNITIONS.

ALL AUSTRALIA IS FOR ALL AUSTRALIANS!

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Aussie

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Re: Should the government buy back public assets?
Reply #12 - Feb 21^st, 2018 at 4:31pm

Auggie wrote on Feb 21^st, 2018 at 3:31pm:

Aussie wrote on Feb 21^st, 2018 at 2:33pm:

Bam wrote on Feb 21^st, 2018 at 2:29pm:

Auggie wrote on Feb 21^st, 2018 at 2:13pm:

We know that governments are in the business of selling off public assets. Should a future government be willing to buy back public assets? Or confiscate them?

Confiscation is not an option because it would be unconstitutional. Acquisition of private property by the Federal government can only be done on just terms.

Yeas, 'It's the vibe.'

Cool

The States can do it though. There is no constitutional restriction on the States from confiscating assets.

Ah....but there is Legislation.

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Redmond Neck

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Re: Should the government buy back public assets?
Reply #13 - Feb 21^st, 2018 at 4:34pm

Redmond Neck wrote on Feb 21^st, 2018 at 4:11pm:

Auggie wrote on Feb 21^st, 2018 at 3:53pm:

polite_gandalf wrote on Feb 21^st, 2018 at 3:47pm:

The case of British Rail severely undermines the argument that public transport in private hands is more efficient. Corbyn has pledged to put this asset back into public hands.

Should assets be bought back or confiscated?

Perhaps place such strong restrictions on them that they can be handed back!

Sold back at crap prices as they were sold to them!

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BAN ALL THESE ABO SITES RECOGNITIONS.

ALL AUSTRALIA IS FOR ALL AUSTRALIANS!

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red baron

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Re: Should the government buy back public assets?
Reply #14 - Feb 21^st, 2018 at 5:53pm

Just nationalise them and pay what the Government thinks is a fair price

Get the critical assetts back in public ownership!

Mike Baird arsehole first class and bar sold off the Electricity Grid for a relative pittance then bailed to a private bank with a multi million dollar pay check involved..like I said...arsehole!

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Poll
Question: As a general rule, should the government buy back already sold-off public assets?
* This poll has now closed *
Yes 10 (52.6%) No 5 (26.3%) Most assets 1 (5.3%) Let Grappler decide 3 (15.8%) Confiscate them 0 (0.0%) Total votes: 19 « Created by: Auggie on: Feb 21^st, 2018 at 2:13pm »