Liberal Forum

Part 6 of ?



Privatization aka Thatcherism/Reaganism/neoliberalism

There are some who believe that turning over government services or assets to private enterprise is a wise move because, as we are told, governments are bloated and inefficient, and private companies can almost inevitably be far more efficient. In real life, I have not been able to uncover even one instance where this mythical theory has proven true.

There are some [ideologues/retards, mostly "Free market" conservatives/liberTARDians/neolibs] who believe that turning over government services... <- quick correction

In Canada, in the province of Ontario, government officials sold off in a 99-year lease, the busiest highway in North America, for $2 billion. A few years later, the new owners sold off 10% of their investment to some friends for $10 billion, meaning that the government of Ontario sold off a $100-billion asset for $2 billion.

Please read that again.

In Canada, in the province of Ontario, government officials sold off in a 99-year lease, the busiest highway in North America, for $2 billion. A few years later, the new owners sold off 10% of their investment to some friends for $10 billion, meaning that the government of Ontario sold off a $100-billion asset for $2 billion.

lol

In the US, the prison system was costing $20 billion per year. After privatising only a portion of it, the same system is now costing American taxpayers more than $80 billion per year, with some of the prisons so inhuman in their conditions that courts are ordering them closed.

A good current example is Greece.[56]

 The situation was so pitiful, and the bankers’ greed so powerful, that Greece was forced to place the country’s entire stock of infrastructure – everything – into a “privately-owned” Luxembourg trust that was “entirely outside the power or influence” of the Greek government. The value was about $3 trillion, and it is gone at whatever price the bankers choose to pay for its parts – if anything at all.

lol...I remember that retard RichClem claiming that Greece is an example of the failure of

SOESHALLIZM!!!!

When, in fact, as the author writes, Greece was looted by the (((International Financiers)))...first through predatory loans funneled through corrupt politicians and then through privatization of assets for pennies on the €



"War is a Racket" - Smedley Butler...(and we should add...a racket in the TRILLIon$)

It is no longer much of a secret that these same Jewish bankers have typically financed both sides of most, if not all, wars in recent history. The general consensus is that the war in Iraq cost the US around $2 trillion,[60]
 and Forbes claims the cost in Libya at $2 billion per day,[61]
 all of which was borrowed from the FED.

WWII cost Britain the remainder of its empire and left the nation in actual bankruptcy. WWI cost Britain about $7 trillion in today’s dollars, and WWII was much worse. Again, we cannot know precisely how much money was borrowed from the Jewish bankers, nor the amount of interest paid, but the magnitude of both would have been considerable since the estimated cost to all countries was nearly $50 trillion in today’s dollars.