Pages

Showing posts with label privatisation. Show all posts
Showing posts with label privatisation. Show all posts

Friday, October 30, 2009

National Wave of Privatization Scandals and Disasters Ignored By Media, Concealed From Public


The total absence of local journalism in many markets, and the fixation of what news reporting there is on a handful of crime and celebrity stories helps conceal from the public the real price of global empire and the Wall Street Bailout, or how the privatization measures widely undertaken by state and local governments to relieve their financial pressure have been a cavalcade of corruption, a cascade of scandal and failure that make the rich even richer and the rest of us... well, you know....'

Read more...

Wednesday, March 04, 2009

Councils To Privatise Care and Education

Local services face a new wave of privatisation across England as a Conservative council leads moves to put contracts worth billions of pounds out to private tender.

Essex County Council is one of a growing number of authorities, mainly Tory-led, that intend to outsource all or most of their services to save funds, including schools management, social care, roads and libraries.

Read more...

No need to pay council tax then is there!!!!

Monday, August 04, 2008

Wall Street to privatize US infrastructure

Cash-strapped U.S. state and city governments are likely to sell or lease more highways, bridges, airports and other assets to investors desperate for stable returns after being frazzled by the credit crisis.
The trend is set to pick up speed given worsening budget deficits in state capitals and city halls nationwide.
It will also be welcomed by Wall Street bankers hoping to help create and market so-called "infrastructure" transactions at a time many debt markets remain paralyzed, and after major U.S. stock indexes fell into bear market territory.
"When you are nervous about everything else, you put your money in a toll road," said John Schmidt, a partner at the law firm Mayer Brown LLP in Chicago. "That's the logic of infrastructure. Returns are stable and predictable. You won't get fabulously rich, but you'll get stable cash flow."

Read more...

THIS IS A TOTAL LIE AND JUST AN EXCUSE TO SELL OF THE INFRASTRUCTURE OF THE US . DO YOU REALLY WANT YOUR AIRPORTS, BRIDGES ETC IN THE HANDS OF FOREIGN AND POSSIBLY ZIONIST COMPANIES?

THE STATE OF TEXAS RELEASED THEIR FINANCIALS AND THEY SHOWED A SURPLUS AND EVERY INDICATION IS THAT OTHER STATE BUDGETS ARE THE SAME SEE THE LINK BELOW

To see the State of Texas Financials....