Wednesday, December 16, 2009

There Will Never Be A Better Time To Break Government Monopolies

This story has the potential to either be a real winner for economic freedom or another nail in the coffin for entrepreneurship and innovation in Ontario.

Finally, we have a government that is at least willing to look at selling off crown corporations like Hydro (read: poorly run debt ridden sinkhole), the LCBO (read unnecessary monopoly that competes with private business), and the OLG (scandal ridden, monopoly that sustains the massive administrative money sucking machine that runs so-called charities and allows government to spend recklessly on any and every petty vote buying project they can think of).

I don't really care what the reasons are, but if you care at all about making Ontario a better place, then I urge you to support this initiative. I've written and podcasted about the unfairness of the LCBO before. The same applies to the Hydro and the OLG.

But this could be bad, too. For example, what good is selling the LCBO if you still have to buy from the LCBO? If the LCBO is sold off but still maintains its monopoly status, where's the benefit to the people? All we would be doing is providing profits for a privately owned monopoly instead of a publicly owned one. If that happens, then this is a bad idea.

Economic freedom, entrepreneurship, competition. These should be the goals of selling off crown corps. But if we sell it merely to cash in now on future profit and hand over the mismanagement to someone else instead of truly 'renovating', then we'll be in worse shape tomorrow.

Call, write, beg, plead. Make sure your MPP knows exactly what is best for Ontario. If we leave it up to them to decide, then we're in trouble, and no better off than we are now.

3 comments:

Kadam said...

I could email John Yakabuski, my MPP, but I'm sure he stands onside for this. All you unfortunates that reside in Liberal or NDP ridings get emailing, calling and put the pressure on.

The Monopoly (as Europeans call the LCBO) needs to broken. Only then will choice and value return to the marketplace. OLG? I don't know, but instinctively believe private sector can do better. Hydro One? As long as it doesn't become part of a mammoth Hydro Quebec.

I guess the truth is, to me, why stop there? Sell off these crown corps and get back to the roots of government. And sell some more too. I'm sure its all too much to hope for. But I'm dreaming just the same.

Anonymous said...

Ever thought he wants to sell it to conceal the paper trail to Mo strong and his land purchase in south America with your money?, Remember that? that's why you pay that extra premium you know.
If the AGW scam goes viral and a full investigation is done it will lead some to Ontario hydro and Mo Strong.
Common knowledge to those in the know on Mo.
Check it out.

Anonymous said...

Mo strong is the globalists eco-new age occult point man. Anything to do with Mo is going to be warped. (real conservative)