Scoop has an Ethical Paywall
How To Offset Jim’s Bank Losses
In a spirit of helpfulness, Libertarianz Spokesman Lindsay Mitchell suggests that this Government can easily offset Jim's $78 million dollar folly through betting revenue. "Before the TAB is stripped of its betting monopoly and sold," she says, "I suggest it starts a book on how long it will take for Jim’s Bank to go belly-up."
"The losses of Jim’s Bank will be the TAB’s gain, and will set it up for a good price at sale. Odds of $2.30 for 18 months? Or $1.50 for just after the 2002 election? I'd like a slice of that myself," she says.
Libertarianz believe backing Jim's Bank to lose will be an even better investment than Sunline to win in Dubai! Mitchell says she wants to be the first customer to open her TAB account by backing Jim’s Bank as an up-and-down loser.
ENDS
Lindsay Mitchell
LIBERTARIANZ SPOKESMAN FOR DEREGULATION OF RACING
For more information contact:
Libertarianz Media Coordinator on (025) 861 927, organon@ihug.co.nz
www.libertarianz.org.nz
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