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In reply to the discussion: Need solid examples of disastrous results of privatization of public works... [View all]Aerows
(39,961 posts)49. Everytime something gets privatized
We've seen over the last 20 years that it just becomes a venture for profit. Health care isn't a good example because you like privatizing everything and have a huge portion off of the top being taken as profit. Politicians are no better fixing this than privatizing.
I suggest we get the government out of our water, our health care, and our education.
Just like they do in every sensible European country. Oh wait, you have fits over the fact that it wont' work here because ... Uh, why? It works in European Countries.
Why won't it work in the US.
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Need solid examples of disastrous results of privatization of public works... [View all]
tk2kewl
Mar 2012
OP
well, may not be exactly what you're looking for, but Charter School proponent "White Hat
zbdent
Mar 2012
#6
In such situations, the privatized asset generally earns a regulated or agreed to return on equity
badtoworse
Mar 2012
#22
"Regulated rate of return" means that someone, probably government, has the POWER to regulate...
saras
Mar 2012
#47
I've worked in the electric power business for 30 years and I know what I'm talking about.
badtoworse
Mar 2012
#48
Enron is the mew model. Your work, like mine in making products last longer, is obsolete.
saras
Mar 2012
#55
This is the list of links I am going with for now, thanks to all who contributed
tk2kewl
Mar 2012
#14
Didn't Jefferson County Alabama go bankrupt, in part, from privatizing their sewer system?
shcrane71
Mar 2012
#16
After reading the article, I get the impression that Jefferson County was at fault
badtoworse
Mar 2012
#21
Yeah, you're right. Looks like they took out a bond to pay for a sewer upgrade.
shcrane71
Mar 2012
#24
+10, and the privatizers (Enron) laughed that Grandma wouldn't be able to pay her utilities.
shcrane71
Mar 2012
#25
I will always come from a point of view that says public works and public institutions...
tk2kewl
Mar 2012
#28
I'm a consumer and a taxpayer. I want to get the services I need at the best price
badtoworse
Mar 2012
#30
The self centered comment relates to the original premise that got us talking...
tk2kewl
Mar 2012
#45