I finally got to hear the elevator pitch on the NB Power sale yesterday. Mike Murphy was at a Chamber of Commerce event and was quite convincing. He says the MOU is only a roadmap and there will definitely be clarifications and outright changes if necessary. He says all of the paper work – the investment bank valuation of the assets, the energy consultant out of NYC that confirmed this was a good deal for NBers, etc. will be made public. He also said that NB suppliers will have first crack at supply work for NB Power just as always.
I sat with a guy from the Association of Manufacturers and Exporters and he is very supportive of the deal.
The Chamber of Commerce guy read questions from the Chamber membership and all but one or two were “what’s in it for me” questions. I guess that makes some sense but in the end sometimes we need to think about the greater good too.
The moderator equated this thing to equal opportunity in the 1960s. He didn’t say it was the biggest public policy issue since the 1960s – he said this was the same as the 1960s.
Bull crap. Excuse my language but this is silly. We are talking about selling the electricity company. Most New Brunswickers won’t even notice. Equal opportunity nearly tore NB apart and has led to dramatic and very positive societal changes. This will hardly be a footnote in history.
Do we notice that our telephone company is private? Our cable company? Isn’t Moncton’s water even delivered via a PPP? Our garbage disposal is a private contractor. Many of the public services we take for granted are operated by either private firms or those based elsewhere. I’m not a rabid private sector guy – I see a strong role for the public sector and am a big believer in the role of the state in the development of strong and successful societies.
But not at all costs.