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Mish - Representing the hard right

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Knobby22

Mmmmmm 2nd breakfast
Joined
13 October 2004
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Mish, Mike Shedlock, still believes in private enterprise should have free reign and no regulation despite evidence to the contrary. Someone! Please invite him to Australia to see how things can work.

He even wants to privatise the USA police force, he blames governments for losing money in the downturn for the pensions funds and says they should be privatised. Gee, maybe Lehman brothers could run them.

His message is simple, obnoxius and shows what a retard he really is.

Mish: "The correct response would be to kill all unnecessary services, fire all the government workers and privatize everything remaining."

It's people like him that are destroying America.

His pathetic blog link follows.

http://globaleconomicanalysis.blogspot.com/2009/10/five-major-pension-problems-one-simple.html
 
Re: Mish - Representing the hard right.


So you don't agree with Mick?
 
Some kind of calamity cannot come soon enough, to plug the global economic hole!
 
Knobby22 said:
Mish: "The correct response would be to kill all unnecessary services, fire all the government workers and privatize everything remaining."

It's people like him that are destroying America.
Click to expand...

I like Mish and I think he is spot on on most things. But I agree he's gone a bit over the top there. I'd certainly kill all necessary services, but I wouldn't privatize everything remaining.

There are certain things in society that should not be centred around a profit motive, that should only be done by government. But those things number much fewer than what the government is presently doing.

There should also be an efficiency drive and many department should be dragged kicking and screaming into the real world.
 
Have to admit I like his blog as he reports the real story of what's happening.

I just think his solutions are rather nutty. He does tend to rile me now and then.
 
Knobby, this view actually sounds like anarcho-capitalism, and this is why political spectrum should never be considered points on a line.

There are certain things in society that should not be centred around a profit motive, that should only be done by government. But those things number much fewer than what the government is presently doing.
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I'd prefer those services to be run privately (unless we changed our political system to something that encourages efficiency) but as non-profit organisations, and subsidised when needed. Better still, we could get rid of our economic system altogether, hold hands and distribute all resources to where they're needed.
 

I occasionally deal with an organisation called Mainco, a privately owned monopoly that deals with assets of the Victorian railways.

Let me tell you that they are more inefficient than any government department. I had to threaten recently to get an answer within 3 months to a simple question. Because they are privately owned they charge my clients a fortune to do anything and then they do a crap lazy job. I lit a bridge recently next to a Mainco controlled Bridge, it took them 6 months to approve and charged the council involved $18,000. More than I charged to do the bridge design. Anyone else could have done it in two hours.

I am sure you can think of other organisations run as badly. I have to deal with them unfortunately
http://www.maincomelbourne.com/
 

Can you imagine a privately owned police force?
 
This could all be solved by income and employment based on performance. It's argued that this kind of inefficiency exists precisely because it's not up to the free market. There's hardly any accountability. It's as much a cultural problem as it is a problem of the system though, as there are countries where this sort of lazy attitude just does not exist, despite having a similar system.
 

If they were still run by the government we could at least write letters to the minister and complain to the ombudsmen. And the price gouging would be more difficult to maintain.

Privatising the management of Victoria's railways has cost the government more money than when they used to run it and trains are now late 8% of the time compared to 3% under government control.

The State government recently had a chance to take them back at no cost but preferred to write another contract. That way they can't get blamed for poor performance.

WA railways (the most efficient in trains in the country) wanted to tender for the new contract but were banned. It seems Victorians would rather be screwed by overseas interests than let a capable team from another State run them. Doesn't look good for the slack Labour government we have.

Believe it works well in the UK though, Hey wayneL?
 
I will tell you anothe privatising disaster. Prisons.
They privatised a couple of Prisons in Victoria under PPP. What a disaster. Government had to take them back.

Somethings need to be run under close government scrutiny.
 
And the price gouging would be more difficult to maintain
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In this kind of system, these private organisations would be held accountable to the communities, not politicians. If the company performans poorly, the record follows them around.

As for the rest of your post, I think you're highlighting problems with the culture rather than the system. Even our current system could work decently if politicians had any sense of pride and integrity. We seem to have a lazy culture in Australia, and politicians anywhere are always a problem.
 
Knobby22 said:
I will tell you anothe privatising disaster. Prisons.
They privatised a couple of Prisons in Victoria under PPP. What a disaster.
Click to expand...

It seemed to work out OK for Jason Statham in Death Racer! :
 
Govt. should run utility services like power, basic communications and public transport and hospitals.

Privatisation of some of these has been bad medicine and should be brought back into public domain.

Nothing to do with anything much at all, just thought I'd say it.
 
Knobby22 said:
I will tell you anothe privatising disaster. Prisons.
They privatised a couple of Prisons in Victoria under PPP. What a disaster. Government had to take them back.

Somethings need to be run under close government scrutiny.
Click to expand...

You could add Intergraph & the Victorian Metropolitan Ambulance Service Royal Commision to that.

I wonder if Mish was part of the Enron Californian Energy Trader cheersquad?

And people wonder why half the public, hate the conservatives guts come election day.

It's quite simply really, people don't like paying taxes to line the pockets of those select few with little regard for mankind. :cwm10:
 
The left-wingers cry "damned right-winger", the right-wingers cry "bloody left-winger" .

Gumby, I think when it comes to dishes, I'm anarcho-punk. I've got nothing against the dishes .
 
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