Quotulatiousness

April 11, 2013

Ontario’s LCBO workers vote in favour of a strike

Filed under: Bureaucracy, Cancon, Government — Tags: , , , , , — Nicholas @ 08:50

Michael Pinkus is looking forward to a potential LCBO strike:

Call me an anarchist but I want the LCBO to go on a nice, big, long strike. And by the time you read this newsletter I am 100% sure that the sheeple of the LCBO will have given their bargaining team the go ahead for strike action. Now the LCBO’s contract was up on March 31, 2013 — which means currently the guys and gals roaming, stocking and generally keeping track of the aisles are without a legal contract with the provincial liquor board. I’m not about to get into the nitty-gritty of the contract negotiations, but when I read in the Liquor Board Employees Division (LBED) Bargaining Bulletin: “The offer we received from management can only be described in one word: Outrageous!” — well I just felt that I had to look a little deeper to see how the LCBO was screwing their own people (which is a nice change from the people of Ontario they screw daily).

What outrage would I find on the pages of the LCBO’s proposal? Are they locking the doors and throwing employees out on their ears? Are they proposing actual punishment for selling to minors (like the sting David Menzies did in July of 2012)? Will there be repercussions for doing a bad job, breaking the law, real penalties?

Now I have met, had dealings with, and actually, once upon a time, worked alongside some very good LCBO employees, most of them casual part-timers — but I can tell you that for every one good one there’s two that are lazy, surly and just generally people you don’t want to deal with in a retail situation — and sadly, those are the one’s you are likely to remember. So from the LBED Bargain Bulletin dated March 1, 2013 here are 2 of the 9 crazy demands the LCBO is making of their employees and the Union’s response to those “outrageous” proposals (I highlight my favs, but you can read the full bulletin here):

[. . .]

But who really suffers from an LCBO strike? California, Spain, Italy, France, Australia, Chile, in other words import wines and liquor producers, who can ONLY sell through the Province run monopoly, and they’ll be demanding the LCBO settle so their products get into the hands of Ontarians instead of sitting idly in warehouses collecting dust. Meanwhile local producers could see a boon as Ontarians thirst for wine is not met by the LCBO but instead by in-province wineries. Tourism to wine producing areas should also see an uptick; instead of visiting Grandma on a Saturday afternoon the family would pile into the car (with Grandma) to tour the highways and bi-ways of Ontario wine country. A long LCBO walk could mean that Ontarians finally get the taste for their homegrown wines en masse and will then demand greater access — one weekend away is quaint, but having to make the trek each and every weekend may prove too much. And with that kind of demand we could see movement in this province towards a freer market system with independent and corner wine stores. Maybe the government will get tired of having to pay all those wages, negotiating with an inflexible union and decide to sell off the LCBO — preferring instead to reap the rewards from taxes instead of paying the price of labour unrest … sigh, wouldn’t that be nice?!? As for the employees, the good ones will have no trouble finding a job in the public sector [I think Michael means private sector here], many in the same kind of newly created positions. The others? Well they’ll just go back to ditch digging where they belonged in the first place.

April 10, 2013

In British political circles, the term “Thatcherism” conceals at least as much as it reveals

Filed under: Britain, Economics, Government, History — Tags: , , , — Nicholas @ 00:01

In sp!ked, Tim Black explains why the term “Thatcherism” is not actually a useful descriptor of Margaret Thatcher’s political ideology, but it helps hide the weaknesses of her political and ideological foes:

… for many of those who today preen themselves as left-wing, the idea of Thatcher is arguably even more important. And that’s because she can be blamed for everything that is wrong today. She may have left office nearly a quarter of a century ago, but so potent was the ideology she apparently promulgated — Thatcherism — that we as a nation continue to be in thrall to it. As one prominent left-wing columnist stated yesterday: ‘Thatcherism lives on. Nothing to celebrate.’ Ex-London mayor ‘Red’ Ken Livingstone agreed: ‘In actual fact, every real problem we face today is the legacy of the fact she was fundamentally wrong.’

Elsewhere, Johnathan Freedland at the liberalish-leftish Guardian joined the Thatcherism Lives chorus: ‘The country we live in remains Thatcher’s Britain. We still live in the land Margaret built.’ At the much-reported-upon, little-attended street parties in Brixton and Glasgow, staged in ironic honour of Thatcher’s passing, the belief that her ideas still walk among us was palpable. In the words of one 28-year-old student: ‘It is important to remember that Thatcherism isn’t dead and it is important that people get out on the street and not allow the government to whitewash what she did.’

[. . .]

And here is where reality stops and myth begins. Because that’s not what the left saw. They saw something more ideological than brutally pragmatic. They saw, in the words of Marxism Today editor Martin Jacques in 1985, ‘a novel and exceptional force’. They saw, in short, Thatcherism.

Given the fact that Thatcher herself never had an actual ideological project to which ‘Thatcherism’ might actually refer, it is unsurprising that a recent book on the subject admitted that ‘talk of “Thatcherism” obscures as much as it reveals’. Instead, the idea of Thatcherism always revealed far more about the left than it did about some perpetually elusive right-wing ideology. That is why the concept, first used by academic Stuart Hall in 1979, gained intellectual traction on the left in 1983, the year Labour, under the leadership of Michael Foot, suffered a devastating defeat at the General Election: it shifted the responsibility for failure from the Labour Party, and its complicity with so-called Thatcherite economics, to the working class, a social constituency supposedly seduced away from the Labour Party by Thatcher’s advocacy of social mobility and aspiration. The idea of ‘Thatcherism’ let Labour off the hook.

So the legacy of Thatcherism may indeed live on, as some sunk on the left insist. But not because of anything Thatcher herself did. It will live on because too many are more comfortable attacking a phantasm from the past than reckoning with political reality today.

February 18, 2013

Chelyabinsk meteor provides impetus for enhanced detection network

Filed under: Space — Tags: , , , — Nicholas @ 10:11

Along with all the jokes about the meteor that streaked over Siberia last week, there has been some useful re-orientation of thought about the demonstrated need for better detection tools:

For decades, scientists have been on the lookout for killer objects from outer space that could devastate the planet. But warnings that they lacked the tools to detect the most serious threats were largely ignored, even as skeptics mocked the worriers as Chicken Littles.

No more. The meteor that rattled Siberia on Friday, injuring hundreds of people and traumatizing thousands, has suddenly brought new life to efforts to deploy adequate detection tools, in particular a space telescope that would scan the solar system for dangers.

A group of young Silicon Valley entrepreneurs who helped build thriving companies like eBay, Google and Facebook has already put millions of dollars into the effort and saw Friday’s shock wave as a turning point in raising hundreds of millions more.

“Wouldn’t it be silly if we got wiped out because we weren’t looking?” said Edward Lu, a former NASA astronaut and Google executive who leads the detection effort. “This is a wake-up call from space. We’ve got to pay attention to what’s out there.”

Astronomers know of no asteroids or comets that pose a major threat to the planet. But NASA estimates that fewer than 10 percent of the big dangers have been discovered.

January 24, 2013

The LCBO’s tentative, faltering steps to allowing wider sales of wine

Filed under: Bureaucracy, Cancon, Wine — Tags: , , , , , — Nicholas @ 09:39

In the latest Ontario Wine Review, Michael Pinkus pours scorn on the LCBO’s latest attempt to fend off an actual competitive market:

The LCBO is about money and profits — and about control. I know I will have people freaking out at me for saying this but I want you to ask yourself “why?” Why would the LCBO suddenly decide that grocery stores are the place to put locations? Doesn’t sound all that smart to me — and not what we asked for. We asked for the right to pick up booze and bread in the same place — the government has said fine but you’ll still have to visit two cashiers and wait in line. Heck, I could have gone across to the mall parking lot to the LCBO location, got a bigger selection than in that tiny kiosk they’ll most likely rent and I still would have had to stand in line at a different cashier — where’s the convenience?

Plus we already have Wine Rack and Wine Shoppe locations in grocery stores … and therein lies the rub (as Shakespeare would say). The LCBO already knows those stores are profitable, the “pilot project” is done, there’s no study needed, Vincor and Peller have already done the research (and if you don’t think the LCBO has had a look at those numbers you’ve got another surprise coming) — this is just another way for the LCBO to compete with those two companies — and by extension, the wineries of Ontario. [Ed. Note: just in case you don’t know Peller and Vincor hold the majority of private liquor store licenses in the province — something they acquired before 1988 when free trade came in].

“… and will also create new VQA boutiques for Ontario wines inside five of its own stores.” A novel idea? I don’t think so. They have one in St. Catharines already (of all places), and what do you want to bet the LCBO will place these new “boutiques” where they are most needed like Niagara, Prince Edward County and Windsor where wineries already exist — no better way to compete with your competition than on their own turf.

November 29, 2012

QotD: Transforming Ontario’s wine market

Filed under: Cancon, Law, Quotations, Wine — Tags: , , — Nicholas @ 09:33

A major transition is never easy, but it would be worth it. The strategy we recommend would lead to more government revenue for health care and education; a sustained commitment to the socially responsible use of alcohol; increased economic growth based on greater access to markets; a renewed emphasis on responsible environmental practices; and wider choice, more convenience and competitive prices for consumers.

The present beverage alcohol system took shape at the end of Prohibition. For decades, Ontario has made minor repairs to the system when a complete overhaul was needed. In our view the government should focus its role on effective regulation, and restructure the system from top to bottom to establish a more competitive model.

After 78 years, change is long overdue. It is time to transform Ontario’s beverage alcohol system for the 21st century.

“Part IV. Conclusion: Towards a Competitive System”, A Report of the Beverage Alcohol System Review Panel July, 2005

November 28, 2012

Is Ontario finally “grown up enough” for private wine stores?

Filed under: Business, Cancon, Law, Wine — Tags: , , , , — Nicholas @ 11:38

In the National Post, David Lawrason talks about the push for changes to Ontario’s Prohibition-era laws regarding the sale of wine in private stores:

The Wine Council of Ontario has flipped the switch on a website called www.mywineshop.ca that allows citizens to create their own virtual wine shop. It is a very bold and clever marketing/lobbying idea. And it is the first time an industry association has initiated a public campaign aimed at creating private wine stores in the province. Gutsy stuff.

In less than a week it has painted an appetite-whetting tapestry of what privatization might look like in Ontario, complete with store themes, stock selections and locations across the province as designed by its citizens. And it is giving the public a very direct way to lobby their local MPPs for change.

One of the big reasons the Ontario wineries and wine writers fear pushing too hard for this modernization and liberalization of our drinking law is that the KGBO LCBO has a long history of retribution against dissenters:

The other theme is fear of LCBO retribution. (Talk about “the elephant in the room”). Even our braveheart John Szabo remarked at the end of his piece that “I hope I don’t get put on an (LCBO) interdiction list for writing this”. An importing agent replying to John’s article said he really wanted to talk about the issue ‘off the record’ as he was concerned that being put on an interdiction list would put him out of business.

This fear of the LCBO, whether justified or not, is another compelling reason to re-think the government monopoly. The fear shouldn’t exist within an otherwise free and democratic society; but it does. I have been writing on wine for over 25 years and during that time I have been involved in thousands of conversations with wineries, importers and consumers on shortcomings of the current system. Only once did an individual agree to be quoted.

When your livelihood depends on access to a product controlled by a monopoly, you dare not get on the wrong side of the powers-that-be controlling that monopoly. They may not break legs or leave horse’s heads in the beds of critics, but they can directly freeze the critics out of their profession. An excellent way to limit dissent. Just the hinted threat can be enough to make a would-be critic decide to toe the line and shut the hell up.

August 9, 2012

Individual property rights for First Nations people

Filed under: Cancon, Law, Politics — Tags: , , , — Nicholas @ 08:32

Canada’s treatment of First Nations people has been a disgrace for decades. After locating them (for the most part) on out-of-the-way reserves, they are mostly forgotten by the media and the politicians until something truly awful happens (like the situation on the Attawapiskat reserve) and then TV crews are dispatched, speeches are made and … usually the amnesia kicks in and all is forgotten.

In the National Post, Tasha Kheiriddin suggests that the time is finally ripe to address one of the root causes of poverty among First Nations people on Canadian reserves: their inability to own property. Band councils hold the land “in trust” for their people, which means there are lots of opportunities for those close to the band council to benefit from the administration of the shared resources. Not all bands suffer from this kind of corruption, but many do. Allocating the land to private ownership by individuals would have many beneficial effects:

This week, the federal government confirmed that it is working on legislation to allow the ownership of private property on First Nations reserves. Some aboriginal leaders, such as former chief Manny Jules, who heads the First Nations Tax Commission, applauded the move. But others see ulterior, sinister motivations at work, as Dr. Pam Palmater, a Mi’kmaw professor in the Indigenous Studies department at Ryerson University in Toronto, told Postmedia News’ Teresa Smith. “The quickest way to get that Enbridge pipeline through our territory would be to divide up those lands into individual parcels because it would be a lot quicker to pick off individuals — especially the impoverished ones. And then, if one neighbour sees that an individual gets $100,000 for his property, then what’s someone else, a single mom, with three kids, living on welfare gonna do?”

It’s easy to imagine situations on reserves that are currently governed by band councils that are less than scrupulous where the best land will somehow end up in the hands of the very people who currently benefit from the council’s favour. That is certainly one of the challenges that any such legislation will have to attempt to curtail (even assuming they can get enough support from existing First Nations representatives and groups to move forward with any privatization laws at all).

There is also no doubt that granting First Nations people full property rights – the right to buy, sell, mortgage, use and develop land – is a worthy cause. It would create an ownership culture, instead of the current system (in which reserve land is owned by the federal government, in trust for its Indian residents), which fosters dependency. It would free individual aboriginals from the too-often self-serving grip of band councils. At the same time, it would create responsible government, should those bands seek to tax property, by making them accountable to the property taxpayers they would then serve.

August 8, 2012

“In the real world, cleaning a driveway costs $15. In politics, it costs $175,000”

Filed under: Bureaucracy, Cancon, Government — Tags: , , — Nicholas @ 09:17

In the National Post, Kelly McParland on the difference between real world costs and government costs:

In other words, the town is prevented by bureaucratic realities from doing the job at a reasonable price. A contractor can just show up with a snow blower and clear the drive. The town, however, would have to send two workers – one to run the plow and the other to stand around and watch act as a flagperson. They’d have to be paid the going rate of $47 an hour, plus benefits. And there’s the cost of the plow.

If Mr. Williams was to get his windrows cleared, everyone in Iroquois Falls would have to have their windrows cleared, which the town estimates would bump the price to about $175,000 a winter.

So, in the real world, cleaning a driveway costs $15. In politics, it costs $175,000.

That’s why we have deficits, dear readers. And why government costs so much. And why civil servants grow accustomed to treating ludicrous costs as normal expenditures. And why taxes are far higher than they need be.

August 6, 2012

India’s blackouts are a sign that reform is desperately needed

Filed under: Economics, India — Tags: , , , , — Nicholas @ 10:20

The Economist on the massive blackouts in India recently:

FOR an aspiring economic superpower, there can be few more chastening events than electricity cuts as massive as those that struck northern and eastern India this week. An area (including the capital, Delhi) in which more than 600m people live faced blackouts over two days. Infrastructure, from traffic lights to trains, stopped working. Hospitals, sanitation plants and offices ground to a halt. Airports and factories had to rely on backup generators, often fuelled by truckloads of diesel.

The impact on India’s economy goes far beyond lost output. The blackout will badly damage the country’s reputation, and highlights the rotten infrastructure that is hobbling its efforts to catch up with China.

[. . .]

At one end, not enough cheap coal is being dug up and gasfields are sputtering. At the other, the national transmission grid needs investment. Meanwhile the “last mile” distribution companies, largely state-owned, that buy power and deliver it to homes and firms, are financial zombies. Much of their power is pinched or given away free. Local politicians put pressure on them to keep tariffs low, which leads to huge losses. Squeezed between a shortage of fuel and end-customers who are nearly bust, those private generating firms are now cutting back on vital long-term investment in new plants.

[. . .]

The solution is to cut graft, tackle vested interests and allow markets to work better. The coal monopoly needs to be broken up and local distribution firms privatised. Yet despite the looming crisis, for a decade the government has shirked doing what is clearly necessary, just as it has failed to implement key tax reforms, cut public borrowing or open the retail sector to competition. It has allowed corruption and red tape to damage other vital industries, such as telecoms.

July 27, 2012

The Ottawa Citizen calls for breaking up the booze monopolies

Filed under: Business, Cancon, Government, Wine — Tags: , , , , , , — Nicholas @ 13:16

Ontario has an odd relationship with alcohol sales. Beer sales are controlled through a protected monopoly (The Beer Store, formerly known as the Brewer’s Retail), while liquor sales are mostly through the government-owned LCBO stores. There are a few exceptions: Ontario wineries are allowed to sell wine at the winery, and craft brewers can also do retail sales at the brewery. Certain privileged large wineries are allowed to sell their own products (not all of which are actually Ontario wines) through a limited number of retail stores, usually co-located with grocery stores.

An editorial in the Ottawa Citizen makes a good case to blow up the current system and take the government out of the retail sales market altogether:

There are two main arguments defenders make for protecting the LCBO from any more competition.

The first is that only a government-operated retail chain can keep alcohol out of the hands of children. That argument is so weak it barely deserves a response, yet it never seems to die. As mentioned above, private operators already sell alcohol, and must follow the rules. Corner stores sell cigarettes, which also have strict rules governing the age of the purchaser. And private stores are already selling alcohol under the LCBO banner, especially in areas where the population doesn’t justify a stand-alone LCBO store.

Under a good enforcement regime, with stiff penalties for non-compliance, private operators have every incentive to follow the rules.

The second argument is that the LCBO is a money-maker for the government, so most private-sector competition must remain illegal.

It’s an honest argument, but that’s about all it has going for it. Would we allow the state to tell private store-owners that they couldn’t sell, say, chairs, or T-shirts, because the government needs to corner that business?

The government should have the power to tax. It should have the power to restrict sales to minors, and set rules to enforce that. It should not have the power to elbow Canadians out of certain industries. Not only is this an unjustified use of the powers of the state, but it reduces competition, and the innovation that accompanies competition.

Marni Soupcoff agrees with the Citizen‘s editorial stance:

The Beer Store and the LCBO do a decent enough job that most Ontarians don’t get more exercised about their forced dominance than grumbling a bit here and there. That’s a shame because the anti-competitive nature of the laws keeping beer and wine out of grocery and convenience stores is truly antithetical to a free society, particularly when the health and safety concerns are so bogus. The laws also end up having the pernicious consequence of conditioning Ontarians to expect their government to limit their consumer choice, and businesses their freedom, which makes us more likely to accept further encroachments down the road.

That’s an abstract argument on which to base a campaign for a policy change. The better talking point might be the one U.S. libertarian writer Jacob Sullum raised last year in article about state liquor monopolies: if they were really that good at serving customers, they’d have no reason to exist. The point of government retailing alcohol is supposed to be to make the nasty stuff less accessible. If the government retailer is putting out glossy magazines glorifying the joys of wine and food pairings and offering fancy tasting rooms and convenient store hours, hasn’t it defeated its own (dubious) purpose? In the LCBO’s case, it seems particularly absurd that a marketing director in charge of “Food & Drink & Visual Merchandising” gets paid almost $140,000 a year to entice customers to consume a product deemed too dangerous to be sold in a Sobey’s.

July 8, 2012

Economic land mines laid by Blair and Brown’s governments exploding now

Filed under: Britain, Economics, Government — Tags: , , , , , — Nicholas @ 10:34

At The Commentator, John Phelan wonders if it’s now time for “an economic Nuremburg” for the 1997-2010 British governments of Tony Blair and Gordon Brown:

Like an iceberg, the extent of the damage wrought by the last Labour government is still becoming apparent.

One of the wheezes Labour used to camouflage its vast spending spree was the Private Finance Initiative. These had been brought in by John Major’s Conservatives (to criticism from the then Labour opposition) and involved a private sector entity building something and then selling it or leasing back to the government over a number of years, usually decades.

Upon winning the election in 1997 however, Labour performed a volte face and embraced PFIs. They appealed to Gordon Brown because the liabilities taken on under PFIs would not show up on the government’s balance sheet. In other words, they wouldn’t be included in the national debt figure.

Labour signed up to an estimated £229 billion of PFI projects. That’s almost two and a half times the entire projected budget deficit for 2012 – 2013, or 16 percent of GDP.

[. . .]

Indeed, like the cat who leaves little ‘presents’ around the house for you to discover when you return from holiday, the Labour government of 1997 to 2010 is the gift that keeps on crapping on your carpet. We will be discovering fiscal turds left by Labour for literally decades to come.

If you were being charitable you would ascribe the fiscal incontinence of the Blair/Brown governments to some sort of Keynesian economic theory, though that fails to explain why they applied fiscal ‘stimulus’ for seven years to an already growing economy.

If you were being slightly less charitable you might ascribe it to incompetence of a quite staggering degree. The last Labour government, after all, were probably the biggest set of mediocre idiots ever to govern this country.

And, if you were being even less charitable, you might ascribe it to something more sinister – Brown poisoning the wells when he heard opposition tanks at the end of his strasse.

July 1, 2012

“… except in Canada”

Filed under: Cancon, Economics, Government — Tags: , , , , , — Nicholas @ 10:25

The National Post editorial board celebrates Canada Day by making a case for Canadian exceptionalism:

The acronym “EIC” can refer to a newspaper’s editor-in-chief, the various forms of the storied East India Company, the Engineering Institute of Canada, and, in scientific circles, Electromagnetically-induced chirality. But in these odd times, they might also be deployed, for verbal economy, to denote “except in Canada.”

As in: Banks all over the Western world have suffered a series of shocks since the 2008 financial crisis – EIC. Economies have slowed — EIC. Real estate bubbles have popped — EIC. Deficits have ballooned to crisis proportions — EIC.

OK: Perhaps national pride leads us to exaggeration. A more truthful acronym might be EICAG — to include Canada “and Germany.” Various smaller European nations, as well as countries in Asia and Latin America, also have fared well. Yet it is hard to remember a time (if ever there was one) when Canada’s fortunes, taken as a whole, were so rosy compared to those of all other Western nations. This good fortune is something worth celebrating as we prepare to celebrate Canada’s 145th birthday this weekend.

They even have some praise to lavish on two former prime ministers who don’t normally get a kind word from the right:

Canada’s relative lack of red ink also is no accident. Two decades ago, Canada was what Greece was today: a bloated welfare state running up massive bills that it couldn’t pay. The unpopular job of fixing the balance sheet feel primarily to Jean Chrétien and Paul Martin — and they accomplished the task without any of the political chaos that has been gripping Athens and other southern European capitals in the last year. The prosperity and stability we enjoy today is in large part due to what those two men did with the fiscal mess bequeathed to them by Brian Mulroney and Pierre Trudeau.

Of course, not everything is going wonderfully well in the Dominion: we still have not emulated one of the notable successes of our European friends:

One of the few institutional factors holding Canada back is its healthcare system. As Shaun Francis writes elsewhere on these pages, our refusal to explicitly permit full-blown private alternatives to the current government-payer health monopoly is bad policy that is out of keeping with that of leading European jurisdictions.

Fortunately, this is a shortfall that can be cured easily. As the furor over Obamacare in the United States shows, building a universal public health system is difficult. But Canada has already done this heavy lifting over the last 50 years: All we lack now is a parallel private track — and that is something that will spring into being without any governmental action at all, save the legislative stroke of a pen needed to modify the Canada Health Act accordingly.

The Royal Navy’s successful privatization effort

Filed under: Britain, Business, Economics, Military — Tags: , , — Nicholas @ 00:04

Even the most dogmatic libertarian would be hard-pressed to defend the notion of privatizing the fighting navy, but the rest of the navy (training, support, maintenance, etc.) can in some instances be privatized not only without impacting military efficiency, but actually boosting it:

The Royal Maritime Auxiliary Service (RMAS) was privatised and taken over by Serco back in the 1990s and run for profit. To this day, Serco Denholm are responsible for the provision of all manner of auxiliary services, ranging from tugs and tender transfers, through to torpedo recovery craft, exercise minelayers and range target vessels.

All in all, there are easily over 100 vessels which can be found primarily in naval bases, but also in other establishments such as the Kyle of Lochalsh, around the UK. This fleet of vessels is an important reason to be positive for two reasons. Firstly, many navies rely on their own personnel to man and operate these vessels. When they need replacing, these costs are funded from naval budgets, and not from a wider contract fund. Similarly, the manpower needed to operate them comes from the Navy, and not from the private sector, meaning more sailors are needed to do this sort of job, and not go to sea on a ‘proper’ military vessel. By contracting out the service, the RN is able to focus its resources and manpower on proper military vessels, and not have to worry about finding funds to replace elderly tugs, at a time when it wants to bring frigates into service. It is not remotely glamorous, but it is an essential part of operating a Navy, and one that is often forgotten.

Also forgotten is just how new this fleet is — there has been a huge amount of investment in the port services fleet in recent years, with literally dozens of craft (Humphrey read something saying over 80 new vessels were being ordered) being built and entering service. The RN has managed to acquire the services of one of the most modern and effective port support vessels fleets in the world. This would not have happened if the RN were still looking after the RMAS — instead, by privatising it, the funding instead has brought new ships and better capabilities into service, at a reduced cost to the taxpayer. This matters because without it, the RN would be reliant on ever older ships, or finding scarce equipment programme funds to pay for them. (For those interested in the ships in service now, try this link — http://www.rfanostalgia.org/gallery3/index.php/RMAS)

June 22, 2012

Greek government getting serious about debt issues: selling off government land

Filed under: Economics, Europe, Government, Greece, Railways — Tags: , , — Nicholas @ 10:18

It’s surprising it’s taken this long for the Greek government to consider selling off excess government-owned land as a way to address some of their debt issues:

There’s little that shouts “seriously rich” as much as a little island in the sun to call your own. For Sir Richard Branson it is Neckar in the Caribbean, the billionaire Barclay brothers prefer Brecqhou in the Channel Islands, while Aristotle Onassis married Jackie Kennedy on Skorpios, his Greek hideway.

Now Greece is making it easier for the rich and famous to fulfill their dreams by preparing to sell, or offering long-term leases on, some of its 6,000 sunkissed islands in a desperate attempt to repay its mountainous debts.

The Guardian has learned that an area in Mykonos, one of Greece’s top tourist destinations, is one of the sites for sale. The area is one-third owned by the government, which is looking for a buyer willing to inject capital and develop a luxury tourism complex, according to a source close to the negotiations.

However, if you’re in the market for a lovely little Greek island, you should also consider that land costs are going to be only a small part of your investment:

Only 227 Greek islands are populated and the decision to press ahead with potential sales has also been driven by the inability of the state to develop basic infrastructure, or police most of its islands. The hope is that the sale or long-term lease of some islands will attract investment that will generate jobs and taxable income.

Also on the block for sale are other government monopolies:

In its battle to raise funds, the country is also planning to sell its rail and water companies. Chinese investors are understood to be interested in the Greek train system, as they already control some of the ports. In a deal announced earlier this month, the Greek government also agreed to export olive oil to China.

Update: Ah, I didn’t notice that the article had originally been published in 2010, hence my expressed surprise that it had taken so long for these measures to be considered.

May 9, 2012

Incrementally privatizing the space program

Filed under: Space — Tags: , , , — Nicholas @ 09:04

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