Originally posted by boncho
Nationalization is great, should you have a government that isn't entirely corrupt. In Canada recently they have sold off some of the very profitable
nationalized corporations, and what did the people get in return? That decision of course was made by the government.
It can go either way, but there needs to be something that keeps a nationalized organization in check while they are in operation.
I Agree my friend.
The Harper Regime is all about selling off the peoples assets to private organizations. A lot of people here in Nova Scotia are -pissed- at Nova
Scotia Power (owned by Emera, funny). Take a look at some of their endevours in the area today. NSP used to be nationalized. (pissed because they have
been increasing energy costs for the last 15 years, and proposed 6% more of the next two years (they got 10% increase last year), and then announce
that their CEO, CFO, CIO, and some others are getting double digit raises and bonuses......so, imagine how mad people are getting)
Icelands banks were nationalized up until 2000 when the government started to deregulate and the banks were sucked up into the financial fiasco that
caused the 2008 crash. They just went back to normal after 7 years of the banks racking up money. Iceland went from a modest amount of debt (something
like 2 - 10 billion), to 120 billion in 7 years. And they got NONE of it. No wonder they were mad.
Wish more people knew what was going on there, take them as an example.
They were also mad at the government for deregulating and allowing corporate entities to buy THEIR land, and use their resources and pollute their air
and ruin their countryside and mountains for refineries and such.
Im honestly really tired of billion dollar corporations going into a country that they are not sovereign to, and taking their resources and taking
their land and buying out the governments. Like in african gold mines. Their countries are so far in debt (due to no fault of their own), and they
must ship all the gold they mine to whichever company runs the mine. Well, they have no equipment, its all done by hand for the most part, and they
make less than 50 euros a year. Yet they export MILLIONS of dollars in gold each year.. Makes sense doesn't it?
And now harper wants to privatize Canadas water (i think that includes rainwater). Must be nice to have millions of dollars to buy things away from
edit on 20/5/12 by AzureSky because: (no reason given)
edit on 20/5/12 by AzureSky because: (no reason