Sell, sell, sell, . . . Queensland up for auction.

While many of us are hearing about the QR float, which exists because no one except a consortium of Miners want to negotiate with the Queensland Government or even offer a price, the sell off of Queensland's asset base or collateral continues and is for sale to the highest bidder.

The genius Queensland Treasurer who has lost our triple A credit rating already with mounting debt and inability to do anything more than service it, has come up with the plan to sucker mums and dads into forking out hard earned cash for a share buy up that will quite probably be worth half of the buying price soon after it is listed.

The predictions are so terminal that it seems subscriptions have not filled and worse there is money being paid hand over fist for very expensive prime time television advertising and the genius (not) treasurer wont reveal how badly subscribed it is to the public fearing existing subscribers will also pull out.

So, can it get worse? to quote the latest US President, "Yes it can"

It also seems the Port of Brisbane is up for auction with offers, once again secret, by at least one potential bargain hunter (I'm guessing Patrick) looking to get a cheap deal.

The Port of Brisbane is still going through changes to streamline the through put of freight, but it is continuous in use and has room for expansion.

On the issue of the sale, apart from using a press release to bag the opposition for not supporting the asset sales ( which is exactly what the people of Queensland also want) Premier Bligh is quoted as saying "Our priority is getting a good outcome for taxpayers."

A good outcome for taxpayers would be to have kept our AAA credit rating which would have reduced the price of borrowings and the repayments on them quite considerably.

A good outcome for taxpayers would be to cancel all asset sales and consider holding an election to remove the cause of the problem at the root.

A good outcome for taxpayers would be to honestly inform them about our financial situation instead of hiding how poorly the government is performing

A good outcome for taxpayers would be to halt population growth in Queensland until infrastructure has caught up at least and until quality of lifestyle can be assured before continuing.

I have never been a fan of bigger government, but, the arrogance of the Queensland Government without any body (a lower house) to ensure that both the peoples wishes are adhered to and that there is greater transparency in government in general, is beginning to demand that reform of Queensland's State Government is imperative.

Think about it, is the cost of a lower house, a senate if you will, greater than what we are about to lose in the assets of Queensland? And about just who can protect the assets , effectively owned by the people of Queensland from a financially and morally bankrupt government with no answers and no solutions.

We need to stop the sales, now.



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