Did you know that of the many private companies that now own our - TopicsExpress



          

Did you know that of the many private companies that now own our power, our communications our rail network, an enormous number of them are either state owned - as in other states not ours! or pension companies representing state workers. EDF the power company is French and state owned. Thames water is financed by a collection of investors many of them Canadian, Australian and Chinese State worker pension funds. Curious irony! All that blather the Thatcherite free marketeers gave about encouraging popular ownership has turned out to be popular ownership in other countries. I still cant believe we were so stupid as to sell of our water! and our electricity. Its like offering an open goal to investors because its such a safe investment - can anyone not but water? Is there really any competition except the decision about who handles the bills? Read James Meek - Private Island: why Britian now belongs to someone else - he spells it out wonderfully
Posted on: Sun, 26 Oct 2014 15:57:04 +0000

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