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Hi, I'm a major Multinational, can you lend me a dime?
Here
we go again. Yet another big corporation - no it hasn't gone
belly up - but it is knocking on Canberra's door asking for
money to stay in business.
Yup, old Mitsubishi motors reckons it needs to retool (that's
carspeak for re-equip) its Adelaide operation and wants the
Aussie taxpayer to fork out $140 million to the company to
make it worthwhile.
It would be churlish to say that $140 million just so happens
to be on top of $200 million we're already shovelling out
in subsidies to Mitsubishi.
Now clearly this gets up my nose because these big companies
do all they can to avoid paying the taxes to Australia they
should, while we poor sods on wages get screwed by every conceivable
sort of government.
Then, when times are tough, they go cap in hand to either
Canberra or the state governments begging for tax relief -
or if they've got the financial cohones for it, straight out
ask for subsidies.
Now by my reckoning, if we give Mistubishi $140 million and
they keep 10,000 jobs going then saving the workers jobs is
at a cost to my wallet of $14,000 each.
If there are 5000 saved then it will be $28,000. Saving only
1000 jobs will be a whopping $140,000 for each paypacket kept
in the pigeonhole - that is until the next financial crisis.
Well, I'm at a loose end so I may just up to Canberra and
knock on the Prime Monster's door and ask for $140 million.
"Hey, Johnno," I'll greet him in a friendly and
caring sort of way (but I'll carefully avoid shaking hands,
him being a pollie and all), "how about giving me $140
million so I can employ some people?"
"Well, Grumpy," he'll beam at meeting me, "how
many jobs?"
"Oh, about a 100 Johnno, back at the home, we're going
into the crocheted-rugs exporting business."
"Beaut, Grumpy, not a drama. I'll just ask you not to
be so rude about politicians - your comments really hurt me."
"Sorry, Johnno, you're an okay guy for a shortie, but
a grumps gotta say what a grumps gotta say. But next time
you're in the area pop in and have a cuppa, maybe share the
kerosine spa with Matron and me."
"Okay Grumpy it's a deal, can I bring the wife?"
"For $140 million, Johnno, you can bring Christopher
Skase (he's really not dead you know) and Pixie."
If there is something that has really got up your nose,
let Grumpy Old Coot know at grumpy@webwombat.com
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