ian wrote on Apr 14
th, 2014 at 12:36am:
Communism has been tried. It doesnt work. Just ends up being an extreme form of capitalism.
Hi Ian
I don't know how old you are but I have lived through both government own and privatization.
Now when our government owned the commonwealth bank, our telecommunications, public transport, our utilities.
We most certainly where not a communist nation, never have been and I hope never will be.
When this was the case our governments had the cash cows at their finger tips.
Commonwealth bank was making $5 billion dollars profit per annum when it was sold, WTF sell it.....?????...to a few rich men at the expense of the Australian population.
You know that when the RBA passes a interest reduction the commonwealth under the government would have passed it on verbatim.
Now there all privatized they give us Sophia Loren stories with crocodile tears that they cant afford to pass the full cut to us plebs.
By privatizing our commonwealth bank they killed off any competition, otherwise where would you bank.
Telstra was making $7 billion per annum again WTF sell it to a few rich men...................................!!!!!
When our government had all these things at their finger tips and needed money they would rise the price of everything just a little and presto there's the money.
Now they have sold the shirts of their backs they only road to revenue is taxing all of us, that's all they have left.
We should throw all minister from Bob Hawke onwards in jail for what they have done to our great nation.
There is many forms of capitalism, today we seem to be practicing the worst possible one.
One mans idea Milton Freidman and his theory to put corporations in charge of everything and the rest will sort its self out.
b
b
b
ullishit.
Freidman's capitalism and Marx's communism are two sides of the same coin.
If WA is in debt to the tune of $30 billion after coming out of a mining boom this system is broken.
I only hope we don't end up on the streets before anything is done about it.