Czytajcie. Do nas też już to - TopicsExpress



          

Czytajcie. Do nas też już to doszło. counterpunch.org/2013/07/25/obamas-master-class-in-economic-demagogy-101 "The question is, how will infrastructure be financed? The danger that is looming is a giveaway to high finance, such as we have seen in Chicago, where Goldman Sachs and other hedge funds bought the right to install tollbooths on Chicago’s sidewalks with parking meters to squeeze out revenue at the cost of raising the price of driving and transportation in the city. Most great fortunes in history have been carved out of the public domain. That was the case with America’s colonial land grants, and the railroad land grants after the Civil War. The great question facing Europe as well as America today is whether infrastructure will be provided at a low price – which can best be achieved by public investment – or at a high price as rent-extracting owners turn roads into toll roads, bridges into toll bridges, and so on throughout the economy. This is the looming Wall Street plan, using today’s downturn as an opportunity to cloak a vast new monopoly grab as a “solution” to the economic problem rather than looming as a new threat to price American labor and industry out of global markets. The same thing is happening in Greece and other Eurozone countries obliged to pay bondholders by selling off infrastructure. In today’s world, privatization means financialization – funding the new construction with debt-financing, building interest and dividend charges into the price of services – and making this revenue tax-free as a result of the tax deductibility of interest."
Posted on: Thu, 25 Jul 2013 17:46:52 +0000

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