Gymnastics on Snowy Hydro sale glimmers the encouraging

Ethan Switch - Saturday, 3 June, 2006 - 23:57:57 - print it raw

Public whips on a water drip makes the Howard Government do a back flip. Watching on from the eager sides, the lumbering clamour for hope. In that their beloved calls to keep Telstra private rides high with a bandage to secure Medibank Private as much to the public mulch as possible. Dance, monkey, dance.

The Federal Opposition are hoping their hopes are rising with the Commonwealth pulling the plug like the kinky usher from the sale of the Snowy Hydro. Leaving the other hands dry and without a towel to wring, the sudden back flip is, according to Labor, like a warm golden shower for the submissive on bended knees.

"We welcome the back flip," said Shadow Treasurer Wayne Swan of the callback to no buy pack.

"This is short-term politics from John Howard. He will not deal with the long-term national interest here," continued Swan of the haste in selling off public utilities to private interests.

All the hallmarks of an unseen apparent need by the Howard Government to sell out all stock in a massive flood clearance sale before the next lease owners take control of the Parliament.

No word on how many, if any, of the Snowy Hydro prospectus were printed in the hopes of securing a loss in another Australian icon into the hands of private ownership. In talking points of conservation and environmental awareness, odds are short on high use of gloss and low employment in recycled materials for such a splash.

» Miners mine the plunging depths of the media minefield

« Splattered mosquitos in summertime hair