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[sharechat] Govt. rescue hazard [Second try]


From: Marilyn Munroe <who.c@res.co.nz>
Date: Sun, 8 Jun 2003 20:28:57 +1200


Sorry the formatting of my previous posting was mangled. This should be easier 
to read.
-----------------------------------------------------------------------------------------------

The practice of the Labour government wading in with the tax payers cheque 
book every time a large important enterprise is in financial difficulties is 
storing up future troubles.

Imagine the following hypothetical situation;

THE SCENE: Air New Zealand boardroom in the near future.

1ST DIRECTOR: "Hey I've a great idea, why don't we fly jumbo jets into 
Hokitika."

2ND DIRECTOR: "Are you crazy, there is not enough passenger demand to justify 
that. We would go broke."

1ST DIRECTOR: "That doesn't matter, if we go broke the government will rescue   
                     
us. It is a one way bet. We cant lose, it doesn't matter what sort of crazy 
stuff we do."

Boop-boop-de-do Marilyn


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