"But the real risk is that a government - far from favoring the business it owns - takes short-term, politically motivated decisions that destroy the value of the community's assets. If those assets were privately owned, a Government could not damage them as badly."
Really??
What do you think Ziggy/Pretty & Co would have purchased in 1999/2000 if Telstra had the ability issue script for acquisitions as a result of TLS being fully privatised ?
Would they have gone out and bought a $20/30/40 billion worth of dot som crap?
I think the likely answer to this is YES...
So much for Egas's silly theory re public ownership of TLS...
