Thursday, October 15, 2009

So THAT'S how it works....





Found this little blurb on Bloomberg.com. What struck me was how a government's policies can drive away business, and how government ownership of major industries play a part. Government A, which owns the utility company says it's tripling rates to cover a budget that has nothing to do with providing electricity. Company B that's wanting to build a facility there shakes the dust off its corporate raiment, and hits the road.
Any lessons to be learned?
Government run businesses(like healthcare) can mess things up.
Or, as I would say, "What are ya, nuts?"