Abbott to sell Medibank

[i-need-a-martini]

There goes the benchmark that keeps our insurance premiums at a decent level.

I don't even understand why this is even necessary given that Medibank makes a profit? It's as if decisions are being made without any thought goig into it other than they promised to do it in 2007 so this is their way of punishing voters for not voting for them in at that time.

What other reason could there be?

http://www.smh.com.au/federal-politics/political-news/abbott-moves-towards-medibank-private-selloff-...

[amber-eyed-girl]

Whenever a government hands out money I miss out. Every single time.

[lind9650]

Howard sold half of Australia and handed out over-generous payments for nothing in return, but left a surplus to enhance his name as PM.

Labor spent it all willy-nilly and borrowed more than we could afford to repay.

Now Tony is doing the selling without generous payments to blind the voters, but he wants to go into the history books as having lifted Australia out of debt.

(leaving more unemployed than workers on his trail.)

LOLOLOLOL, what else is left in Australia for Tony to sell?????

Erica

[amber-eyed-girl]

Citizenship

(Oops shouldn't have said that aloud)


Malta had plans to offer citizenship for 500,000£ a head but has backed down

[carls*world]

---

@freakiness wrote:

Huh?

This govt has the private ownership ideology. 

There is no need or reason to sell off profitable enterprises that will continue to generate income.

---

The ideology is one part, and since way back when SA sold our State Bank, govts of all persuasions have been like children.
Offer a child $20 now, or $5 a week for a year, and watch their hand stretch out for the $20.

[*crikey*mate*]

---

@lind9650 wrote:

Howard sold half of Australia and handed out over-generous payments for nothing in return, but left a surplus to enhance his name as PM.

Labor spent it all willy-nilly and borrowed more than we could afford to repay.

Now Tony is doing the selling without generous payments to blind the voters, but he wants to go into the history books as having lifted Australia out of debt.

(leaving more unemployed than workers on his trail.)

LOLOLOLOL, what else is left in Australia for Tony to sell?????

Erica

---

I still have my soul...

[freakiness]

---

@lind9650 wrote:

Howard sold half of Australia and handed out over-generous payments for nothing in return, but left a surplus to enhance his name as PM.

Labor spent it all willy-nilly and borrowed more than we could afford to repay.

Now Tony is doing the selling without generous payments to blind the voters, but he wants to go into the history books as having lifted Australia out of debt.

(leaving more unemployed than workers on his trail.)

LOLOLOLOL, what else is left in Australia for Tony to sell?????

Erica

---

Howard set us up with a massive baby bonus and tax cuts that were unsustainable. He might have put money in the bank by selling the gold and Telstra but he created a deficit by introducing unsustainable policies.

[amber-eyed-girl]

"The ideology is one part, and since way back when SA sold our State Bank, govts of all persuasions have been like children.
Offer a child $20 now, or $5 a week for a year, and watch their hand stretch out for the $20."

Interesting point. Most children, not all...but those kids do not become politicians. They are too bright.

[carls*world]

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@purplecarrot-top wrote:
So what happens when all the assets are sold and there is noting left?

---

Still plenty of prime farming land starting to go to waste. Given some incentives/concession which the current land holders aren't getting, could bring in a tidy short term sum.

[spotweldersfriend]

We could sell off W.A and once the money's gone,flog off Queensland 🙂

[amber-eyed-girl]

Beautiful one day...gone the next 😉