Tuesday, 26 September 2006

Government intervention

Is it too cynical to believe that the current fracas over the Government's intervention to appoint a Telstra Board member (here) has more to it than meets the eye.
Is it beyond "the small one" to demonstrate to us all why the Government should not have a 51% ownership of the telco? After all, if they did not have majority of shares their will would not prevail.
No, I think this is not beyond our small leader. And so by complaining the Laborites are playing into his hands.
Meanwhile the tame backbenchers cry out against Trujillo and call for his resignation. Perhaps this, too, could be part of the hidden agenda. And maybe not a bad thing. His leadership seems pretty non-directed to me. Comign from a totally free-market in the US, I think there is both a credibility gap and a failure to understand countries where government ownership of utilities has actually been quite common.
Oh well, I suppose it doesn't really matter.

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