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Ex CIA-Wayne Madsen: What lies in store for Greece, Portugal, Spain, Ireland, Italy, and, in short order, the United States, is the wholesale sell-off of public property to private corporations at bargain basement prices. What the despots who gather in their secretive lairs at Davos, Cernobbio, Bilderberg, and G8/G20 are bringing about is a world where no property is owned by the state, which by default means the people. Total corporate control over every facet of life equals extreme fascism.
For example, this year global capitalists are slated to acquire 84 percent of OTE, the Greek telecommunications provider. In addition, private bankers will assume 66 percent ownership of the Greek Postal Savings Bank; 51 percent of the National Lottery; 60 percent of the Salonika Water Authority; 68 percent of DEPA, the natural gas utility; and 25 percent ownership of the ports of Piraeus and Salonika.
Next year, the capitalist grab for public property increases in intensity with Athens International Airport coming under 79 percent private ownership. The global capitalists will also obtain 100 percent ownership of the Egniata toll motorway; 60 percent of Hellenic Post; 66 percent of OPAP, the state-run video-lotto and online sports betting firm; 73 percent of the Athens Water Authority; 83 percent of DEI, the Greek Electric Authority; and 51 percent of the Greek Regional Airports Authority.
Originally posted by Retikx
On the surface it seems like a pretty crappy idea. BUT i dont think it would be so bad to let all these crazy rich corperations just move in and rebuild all kinds of stuff and revamp old crumbling infrastructure. Then when the time is right, just take it all back by force. Let them do all the dirty work.
Originally posted by ldyserenity
I think it's time to go back to ye olde firing squads and line all the bankers and corporate elite in a line up and have at it... that would be a hoedown I would attend.
Originally posted by MIDNIGHTSUN
So much for capitalism and those who put their faith in it. Under capitalism, man exploits man. Under socialism, it's just the opposite.
Capitalism is an economic and political system in which a country's trade and industry are controlled by private owners for profit, while socialism is a political and economic theory that advocates the means of production, distribution, and exchange should be owned or regulated by the community as a whole. [...]
Originally posted by speculativeoptimist
Very well spoken MS, and I keep thinking either system, Capitalism/Socialism are not exclusively right or best, rather a combination of facets from both should be considered.