Friday, December 06, 2013

Quaintarse

as Qantas was called by some. It is crying poor and the git who runs it wants government help.

Excuse me, the government wasn't prepared to inject capital into Qantas, our country's national airline, and so privatised it so that it could raise capital on the private market. Another argument for privatisation was that it would be more efficient. Now Qantas wants to raise capital from the government.

No, sorry. Australians of my age used to take some pride in our national airline, as did the English with BOAC, the Dutch with KLM etc etc. That time has passed. I feel no more allegiance to Qantas than I do to Air Asia X.

How did it all go so wrong?

If your government mentions the word competition in any aspect of a government controlled authority, be afraid, be very afraid. They are code words for allowing its business mates get their hands on some quick and cheap profits to the detriment of the general population and the business name and how people feel about what was their own, the taxpayers, company.


22 comments:

  1. Privatising a national symbol? Does that make sense, even to conservatives?

    Couldn't have put it better myself: "so they privatised it so that it could raise capital on the private market. Now Qantas wants to raise capital from the government!!!"

    I could laugh till I cried, except that thousands of workers will lose their jobs. Same for Holden except that there, the decisions are being made in Detroit :(

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    1. Hels, that is Australia's brand name out in the world and on the way to failure.

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  2. And applause from here. Sad, bad and very true. And over the years we have had it done to a lot of our icons.

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    1. EC, I feel quite murderous when I recall Vegemite is not owned by an Australian company.

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    2. Vegemite is owned by Australia again, we bought it back a few years ago apparently, but it still looks and tastes the way it did when the USA owned it. Bloody awful. It used to be tangy shiny black axle grease, now it's dark brown sludge.

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    3. I never noticed any change. Good news that we own it again. Now what happened to Skippy Cornflakes?

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  3. We had exactly the same with our national Airline SABENA, already 10 years ago, the government didn't help either. Now Brussels Airlines was born with private help !

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    1. Gattina, I will follow that up. I know many Euro airlines failed and some were bailed out by governments.

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  4. Bugger them all I say. The automotive industry can go suck it as can Qantas.

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    1. Fen, to précis Keating in the third programme, I think, he did not want Australians working in low paid factory jobs. Send them overseas. Maybe he had a point. Maybe we need to move on.

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    2. oh you know what, I only watched the first one. I must catch up before they're off iView.

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    3. I've only the last one to watch, recorded.

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  5. Love the image of qantas belly up.
    Privatisation is the devil's work and we'll all suffer from it, even the pollies in the end, when there is nothing left to sell, nothing being manufactured here and no votes from anybody because we've all had enough of their shenanigans.

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    1. River, the good thing is that we won't be here to see the worst results. As the old slogan went, 'Don't vote for the bastards. It only encourages them'.

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    2. "WE" may not be here, but I have grandchildren and I worry about them and their future families.

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    3. River, I have nieces and nephews. I worry about the world for them. The good thing is that humans are very good at reacting to things, just not so good and planning them.

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  6. I'd like to see them privatise the major parties - that would bring them unglued. Oh wait, that happened a long time ago, didn't it?

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    1. I'm afraid it did FC and that is why things are going so wrong.

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  7. I see many reason here to never fly again :)

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    1. You will Grace. It is too far to swim to Paris.

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  8. That's the advantage of doing a LATE blog catch up - the witty commentary underneath just adds to the brilliance of the post!!

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    1. Red, my best work is done in comments. Glad you appreciate it. Oh, you didn't mean me.

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