[Info-vax] HP stopping VMS paper documentation ?

[Jan-Erik Soderholm]

JF Mezei wrote 2011-12-08 21:39:
> ChrisQ wrote:
>
>> I thinkk there's a good arguement for *all* essential services to be in
>> public hands, to
>> ensure that consumers get a fair deal.
>
>
> You could replace "essential" with "monopoly" or "near monopoly"
>
> And even when you have such monopoly services, it is possible that it b
> in privately operated companies, as long as they are regulated up the wazoo.

And in which case there is no "business case" for any privately owned
company any more!

In Sweden a lot of thinges has been de-regulated lately (last 15 years).

Eldery services is one of these. Note that these operations are close
to 100% tax founded, there are no particular fees payed.

Now, what these companies do, is to create a local swedish company
that runs the actual operations. They are in turn 100% owned by some
mother-company in, say, Jersey (no/low taxes, hiden owners and so on).

Then the swedish company takes a large loan from the mother company
in Jersey at an ridiculous interest rate, such as 13% in one example.
(A swedish bank could lend them the same many at say 5-6 % int rate).

This creates an interest payment from the swedish company to the
Jersey company with makes them just break even. They pay zero
company tax in sweden and moves 500 MSEK (aprox $73 million USD)
*each year* over to the Jersey mother company. Money that *I* have
been part of paying as my income tax.

So you're right, these kind of oerations can never be runed
by private owned companies and at the same time be tax founded.

It's the same thing with a lot of the new "free schools" that
has popped up. *A lot* of tax money goes into investers
pockets instead of into the actual school operation.

Theifs.




>
> Québec is rich in electrical power. the governmebt owns Hydro Québec
> (the electric utility). So, when the time comes to lure a large
> aluminium smelter to Québec to create jobs here, the provincial prime
> minister can call the CEO of Hydro Québec and tell him to offer a sweet
> deal to that aluminium company wanting to setup shop in Québec.
>
> The government can afford to make such deals because it doesn't have
> fiduciary duty to maximise Hydro Québec's profits, and it can use HQ,s
> lower rates to attract business to Québec and create jobs here.