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Tuesday, 02 December 2008

How NSW shot itself in the foot

29/08/2008 3:38:00 PM.  | Chris Smith
I’ve got to say, I’m all powered out.

It’s been a long week, in the political world of power privatisation.

Without going over the pros and cons of the NSW Premier’s original plan, for partial privatisation, he should be condemned for not being able to rally his troops, and get it through.

That applies to Bob Carr as well. Both of whom, copped a good whack by former Victorian Premier Jeff Kennett.

The reality is, we’ve now got to look at finding $20 billion to upgrade the grid - retro-fit if you like - or we’ll all be in the dark by about 2015.

And that conclusion has now forced the credit agencies to place NSW on credit watch - that’s for the first time in 20 years.

So to compound our problems any monies we borrow will cost more. The rates will be stiffer, just in case the whole pack of cards come falling down.

I hope the Opposition has a plan to avoid all this?

It will be to privatise power - have no doubt.

It is the parties’ ethos.

Yesterday, simply delayed the inevitable.

Without privatising power, the Liberal Party, will not be able to afford to run any kind competitive campaign, at the next NSW election.

Business will abandon the Liberal Party, even more than they are already. That’s a fact of life.

So forget about Barry saving the world yesterday, as I’m hearing all over the joint.

He will do what Morris Iemma tried to do, in almost the same form.

But where else are we up to?

If Morris’s plan was called a partial privatisation, his new plan, plan B, which he said he didn’t have, must be referred to as, ‘a mini-privatisation’. A kind of unplugged version.

It’s where they only flog the retail arm and pull out of leasing the generators.

But not only, will we have a hole in the power sector, that is, no money to bring it up to speed, stand-by for a new State Budget without hospital upgrades, no M4 East extension… that’s a cert.

And all this hopeful talk about metro rail systems, to and from the western suburbs, will be redundant once again. Gone.

Yesterday, August 28, may go down in history, as a most pivotal point for this State, more pivotal maybe than at anytime in the past dozen or so years.

And can I just make one last suggestion: Given the fact, that the Labor Government, dragged Parliament back early from the winter recess, given the fact that it cost you and me half a million dollars, we should refuse to pay.

In fact, because the manoeuvre backfire, because it was a complete waste of time, we shouldn’t have to pay.

The bill should be sent to ALP headquarters! How dare they toy with Parliament in this way? And our money.

Especially, given the fact that they still intend to go ahead with a mini-privatisation anyway.

Damn them!

If the Parliament wants to make the most of this recall, caste a vote right now in both chambers, to push through a demand for the ALP to fund their failed rouse.
The bill should go to the ALP this afternoon, with a demand to pay up, within 14 days.

How dare they.

COMMENTS

Friday, 29 August 2008

"now forced the credit agencies to place NSW on credit watch - that’s for the first time in 20 years". Chris I have posted continually on here, and also have spoken on 2gb about it. All you had to do was look to Victoria..Unlike NSW we threw Kerner out, but too late.Kennet was forced to sell the Electricity off because of years of neglect and the state debt he was left with.I also posted that NSW would find they were in the same position as Vic was. Now your credit rating is blown, Labor legacy

Posted by: susan lawe, gippsland

 

Friday, 29 August 2008

No matter what happens from now on, it is good. Either the sale goes ahead and we can see how much the ALP have lost since they took over in '95, or the sale won't go ahead, and the ALP will not have the mighty pork barrel they desire.

Posted by: Happy Fun Ball, Carramar/Sydney

 

Saturday, 30 August 2008

What has the ALP done with all the taxes over the year, we pay 3c extra on fuel and still have tolls roads, pay for the use of the Harbor bridge that we owned, we are the highest taxed state but we a broke. This time the blame is with the ALP and NO one else

Posted by: A V, Narellan

 

Saturday, 30 August 2008

Please, what a load of rubbish your article is. This state government has not invested as they should, have not upgraded when they should. You are aware that a variety of polls, including on the 2ue website this week have demonstrated that in excess of 85% of people are not in favour of OUR essential service being flogged off. How out of touch you are. It is this Labor Governments failure. No one elses. What was this anyway, some endless bucket money. Please, do some research for your article.

Posted by: Natalie Cummings, Sydney

 

Sunday, 31 August 2008

Labour have caused the rundown of public infrastructure. Theyalso would not have needed the libs if their own party was backing their calls. I do not agree with selling off public infrastructure. These blokes have had much more available money coming through in the last ten years, than ever in history. But the scams and over payments, jobs for the boys, is breathtaking. It has brought us to our knees. Marsho

Posted by: peter marshall, castle hill

 

Sunday, 31 August 2008

Honestly what you expect from Morris Mussolini?

Posted by: Iemma Is Excreta, NSW PowerlessIn The Future

 

Monday, 01 September 2008

The Carr/Iemma governments in NSW will go down as the greatest catastrophe that ever befell any State or Territiry in this Country - worse by far than the Kerner years in Victoria. Jeff Kennet rightly commented yesterday that it will take 30 years for NSW to recover. Yet this all occurred through the most economically blessed period of Australia's history - the Howard/Costello years. So what do we do? We throw out Howard and re-elect Iemma. God I love this country. We are just so smart it hurts!

Posted by: Jo Stalin, Sydney

 

Monday, 01 September 2008

A typical Pollie comment that it would take 30 years to fix - what crap! Give me (or any other honest hard working taxpayer) the keys o Macquarie Street and it'll be back on track inside of 12 months.

Posted by: Jeff V, Gosford

Monday, 01 September 2008

The chronic inefficiency, misguided beaurocracy and massive under-investment in essential infrastructure that is rampant in virtually evey nook and cranny in this state will unfortunately not be fixable in 12 months Mr. Gosford, no matter what kind of genius you think you are. Kennet is one of the only politicians who has been there done that, when it comes to cleaning up a Labor sh*&-storm, so forgive me if I take his word over yours.

Posted by: Jo Stalin, Sydney

 
 

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