[LINK] Telstra propose biggest rollout in Australia's history

[Jan Whitaker]

At 11:31 PM 17/01/2007, Frank O'Connor wrote:
>>Two words: corporate welfare.
>
>Mmmm ... I predicted Telstra would make a play for the lions share 
>of what's in the trough 12 months back - even as they were saying 
>that servicing the country was uneconomic.

Three words: uneconomic for whom?

It's no skin off the Sol's nose (or bankbook) if the funding comes 
from the taxpayer. Gee, you'd think we still had publicly owned 
telco! What is it with people here? The point of privatisation is to 
let the investors make the CAPITAL investment (see, that's the way 
CapitalISM is supposed to work - I learned that in ECO 101). If the 
government wants to subsidise the USERS of the Capital, that is, the 
Public who are the TAXpayers, then so be it. But to put that sort of 
money in the pockets of Tel$tra is insane.

Wait...I figured it out. John Howard and Peter Costello are from the 
Liberal party, major friend of business. What was I thinking?

Jan


Jan Whitaker
JLWhitaker Associates, Melbourne Victoria
jwhit at janwhitaker.com
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'Seed planting is often the most important step. Without the seed, 
there is no plant.' - JW, April 2005
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