Forum Archive Index - September 2001

["Mark Hubbard" <mhubbard@es.co.nz>]

From: Richard Hooper <hoop@ihug.co.nz>

> There seems to be a ground swell coming from the NZ general public for the
> govt to step in with some sort of leglisation to stem  large losses from
> occurring, .....Knowing Govt inefficiencies that scenero involving Govt
> interference would be highly undesirable.


Yes, govt. intervention/shareholding NOT a good option for Air NZ. As a case
in point, the newly State monopolised ACC - were predicting a $170 mil
surplus, but produced a $300+ mil loss, and now looking at a 25% rise in
self employed premiums next year, plus another $20 on the car registration.

Having governments, especially woolly socialists, running businesses is NOT
the answer.

Cheers





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