Tuesday, March 16, 2010

Those poor giant corporations might now have to compete

It's a common refrain in Canada that we can't sell off our national champions, apparently these bloated corporate giants are so important to not only the Canadian economy but our national identity that these dinosaurs of industry must be kept on life support at all costs.
Personally I never got that, frankly I think I could still feel patriotic and pay ten times less in wireless charges to Verizon rather than pay through the nose to Telus. 
But they say (and they are the usual collection of editorial writers from Canada's national newspapers that are themselves dinosaurs) we will be 'hollowing out' corporate Canada, so if I follow their logic (and I use that term loosely in this regard) we should use tax dollars (if need be) to support industry that can't compete so we can pay more for services that could be provided cheaper and more efficiently if we allowed open competition because if we allowed billions of dollars to flow into the country that would kill jobs? 
Right because that's what usually happens when billions of dollars are invested, it kills jobs. That would mean of course that the federal government's stimulus spending is a job killer. Well no, since that's government money, which means no quantifiable results were required in return for their investment and most importantly of all no executives at Rogers Telecommunications lost their jobs for incompetence. 
I single out Rogers because it was a Rogers spokesperson that commented recently on the need to preserve Canada's happy little corporate club of media giants so they can all continue to make wads of cash and dine out on expense account (no that's not quite how he put it). 
Somehow I don't think the corporate giants asking for government protection are really that worried about Canada's national identity and I'm pretty sure they realize the rest of us, outside of the MPs they bribe and the useful idiots at the Globe and Mail and Toronto Star, don't care about 'national champions,' when it comes to who we buy cable/wireless service from or where we buy books. 
As we've seen here in B.C with Premier Gordon lapdog Campbell, preserving monopolies for his corporate pals might be good for their bottom line but it hasn't done much for the economy. But of course the answer is not free enterprise and an open market; no the answer for Campbell is apparently to tax small businesses to death and slash healthcare spending so his 'corporate champions' can continue to pay their bar bill at the country club. Doesn't that just make you break out in patriotic fervor?