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Thread: Government orders strategic review of Semi States, to be chaired by Colm McCarthy

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    Politics.ie Member cyberianpan's Avatar
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    Default Government orders strategic review of Semi States, to be chaired by Colm McCarthy

    They say of course that no decision has been taken on selling them yet

    RTÉ News: Government for semi-State 'stock take'

    But the SBP is quite clear that sales are planned
    Government lines up sale of semi-states


    So how will the sale of semi states affect matters :

    • Fiscal improvement
    • Industrial relations

    ?

    Would this government have the political capital to manage to sell them ?

    What semi states should be sold ?

    cYp
    Last edited by cyberianpan; 4th July 2010 at 07:32 PM.
    "Yawn , am I alive yet ?"

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    Politics.ie Member making waves's Avatar
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    Yep - privatise the semi-states - lose tons of more jobs - and line the pockets of a few fat cats.

    I thought we had done with bailing out the wealthy - foolish me.

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    Politics.ie Member Mitsui2's Avatar
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    Quote Originally Posted by making waves View Post
    I thought we had done with bailing out the wealthy
    What on earth made you think that?!?!?!?!

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    Politics.ie Member cyberianpan's Avatar
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    Quote Originally Posted by making waves View Post
    Yep - privatise the semi-states - lose tons of more jobs - and line the pockets of a few fat cats.

    I thought we had done with bailing out the wealthy - foolish me.
    Well at the last major Semi State privatisation - Eircom - everyone had a chance to buy in


    cYp
    "Yawn , am I alive yet ?"

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    Quote Originally Posted by cyberianpan View Post
    They say of course that no decision has been taken on selling them yet

    RTÉ News: Government for semi-State 'stock take'


    So how will the sale of semi states affect matters :

    • Fiscal improvement
    • Industrial relations

    ?

    Would this government have the political capital to manage to sell them ?

    What semi states should be sold ?

    cYp
    review it a complete waste of time and will produce yet another report which our gutless political establishment will shy away from doing anything about!!

    remember our postgirl from Donegals comments, and the silly smirk on her face, in the Dail when dodging questions regarding an Bord Snip Nuas report!!

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    Quote Originally Posted by cyberianpan View Post
    Well at the last major Semi State privatisation - Eircom - everyone had a chance to buy in


    cYp
    and get out FAST

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    Politics.ie Member corelli's Avatar
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    Quote Originally Posted by cyberianpan View Post
    Well at the last major Semi State privatisation - Eircom - everyone had a chance to buy in


    cYp
    Indeed, and "everyone", ie the great unwashed, has little idea of the market and the vast majority lost their shirts. Only a very small percentage managed to make any gain from the sale of Eircom, originally.
    "......... we must sometimes listen to those who, consumed with zeal, have scant judgment or balance. To such ones the modern world is nothing but betrayal and ruin.........We feel bound to disagree with these prophets of doom who are forever forecasting calamity -- as though the world's end were imminent."

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    McCarthy's first question to government :
    " Now, what would you like me to say ? "
    Government , when questioned about proposals :
    " It wasn't us , it was McCarthy "

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    Quote Originally Posted by cricket View Post
    McCarthy's first question to government :
    " Now, what would you like me to say ? "
    Government , when questioned about proposals :
    " It wasn't us , it was McCarthy "
    The spin will be that the McCarthy Report, why he wastes his time is beyond me, after producing another report, which will be political dynamite, will be downgraded to

    "a menu of choices provided that we as a government have to sit down and make the HARD CHOICES from that menu and for that purpose we today have set up a Cabinet sub committee which will report back in 12 months"

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    Pity they haven't seen fit to do a strategic review of efficiency within the semi-states before they consider cashing them in. This will be a firesale and in the coming years will once again be seen as grave error and a giveaway. I'd prefer to see the semi-states kept and radical action taken to decrease costs to the public and market level rates of pay and internal costings. Truth is, it will be easier to give them away and wait for their new corporate masters to make those changes thereby making millions by a resale. 100k + for a job in Poolbeg power station anyone? The fruit of political cowardice is ripe for harvest.

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