Monday, February 14, 2011

Privatisation - UK

We've seen it before, but not on such a scale, and the vast majority of British people don't have a clue how serious this is. It is a continuation of the consolidation of wealth that we are witnessing around the world, where the assets of the general public get sold off to private investors, and the money raised does not even go back to the people who owned the original asset, but into Government coffers and pretty quickly, into off-shore tax-havens. At the same time the Government is using public money to pay out huge bonuses to banks, leaving the public with the bill - a double whammy if ever I saw one.

What will it take for the British to revolt?:

http://www.telegraph.co.uk/finance/newsbysector/transport/8113973/Channel-Tunnel-rail-link-sale-begins-UKs-big-sell-off.html

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