RE: Nestle CEO: Water Shouldn’t Be A Right, Organic Food Will Kill You, And Nature Sucks
September 29, 2013 at 1:09 pm
(September 29, 2013 at 1:05 pm)Stimbo Wrote: Unfortunately, the reasoning behind privatisation of service industries and the justification presented to the public are seldom the same thing. If there's ever a legitimate case been made for selling off these institutions for the best interests of the public, instead of making a quick buck for the Government's back pocket (a.k.a. the Treasury), I've not seen it.
Yes yes, my good man. It's all about making a quick buck when the deficits pile up.
In the previous years, we've seen so much privatisations, and the short term benefits that came from their sells, which were, btw were sold below their proper value, just to make them sell faster, I fear that in long term, when the money from them runs out, we will face a lot of hardships.
Privatisations generally result in a long term loss for the nation. Especially if crucial national resources are sold.
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