privatisation

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Latest blogosphere posts tagged “privatisation”

 

• Postal union seeks unholy alliance of left and right to block Royal Mail sale

  
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  CWU seeks help of rural Tory MPs, Countryside Alliance and even Ukip as the prospect of privatisation looms More than 100 postboxes were painted gold to celebrate Britains medal haul at the 2012 Olympics, but those vivid symbols and thousands of others may not be British for much longer. Three decades after Margaret ...
  1 week ago

• Royal Mail could be sold to foreign buyer

  
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  Business minister Michael Fallon warns union that ownership could go overseas if it continues to oppose flotation The Royal Mail could fall into foreign hands if trade unions continue to fight its flotation on the London Stock Exchange, the business minister, Michael Fallon, has warned. Fallon said the government ...
  1 week ago

• The neoliberalisation of Universities

  
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  The neoliberalisation of Universities by karol In an article in today’s Sunday Star Times , Martin van Beyen, Francesca Lee and Adam Dudding, produce evidence that there is an organised business of assessment cheating, through providing students with assignments for their tertiary education courses.  Their ...
  1 week ago

• Stupidity at a glance

  
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  Outside of all the other problems with this “heads we win” post from No Right Turn is the curious fact that… well, just read it for yourself. Emphasis mine. Mighty River Power shares were listed on the stock exchange today, and  immediately rose in value . At closing, they appear to have been worth $2.62 ...
  1 week ago

• The Mask Is Slipping.

  
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        The following is an extract taken from a post on the Anarchist Federation Scotland site. I believe it is well worth being read as widely as possible and repeated in as many places as possible. It allows us to see the real face behind the mask of the so called "democratic" state. Here in the UK the mask ...
  1 week ago

• Ripped off

  
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  Mighty River Power shares were listed on the stock exchange today, and immediately rose in value . At closing, they appear to have been worth $2.62 - 12 cents up on the governments price. The 2.5% will be happy with this - their wealth has increased by $82 million in an afternoon. But the rest of us shouldnt be. ...
  1 week ago

• Spin-bustin’: new investors scared off MRP

  
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  Spin-bustin’: new investors scared off MRP by James Henderson The Nats’ spin is that ‘mums and dads’ were scared off investing in Mighty River Power by the Green-Labour NZ Power plan to reduce power prices but sophisticated buyers bought in. Look at the evidence: 80,000 of the 113,000 retail investors are ...
  1 week ago

• CATASTROIKA

  
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  Catastroika (2012) analyzes the shifting of state assets to private hands. Directors  Aris Chatzistefanou and Katerina Kitidi travel  to London, Paris, Berlin, Moscow and Rome gathering data on privatization and search for clues on the day after Greeces massive privatisation program - ordered by the World Bank ...
  1 week ago

• Selling Mighty River cost you $100m

  
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  Selling Mighty River cost you $100m by Eddie National admitted today that the sale of Mighty River cost around $100m, and that the paltry 2.5% of New Zealanders who bought an average of $8,000 each are not typical Kiwis. The figures themselves are shocking but the politics is really revealing. English didn’t try ...
  1 week ago

• Upwards redistribution

  
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  Ive talked previously about privatisation as "upwards redistribution". What does that mean? To give a topical example, yesterday Mighty River Power belonged to all New Zealanders. Now 113,000 people - 2.5% of the population - own 49% of it. What belonged to all of us has been stolen by the government and given to ...
  1 week ago

• MRP sale fail numbers

  
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  MRP sale fail numbers by Anthony R0bins Here are the numbers that sum up the MRP sale fail: 113,000 Kiwis actually bought shares. But the government spent between $100 Million and $300 Million on the process ( $100 Million to a single Australian bank alone). Let’s be generous to the Nats and call it $1,000 ...
  1 week ago

• Bill English discovers bureaucratic management doesn’t pay

  
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  Interesting to hear this morning Bill English saying the Government won’t continue to prop up failing State-Owned Enterprises . Finance Minister Bill English has questioned the viability of Solid Energy as he considers a host of State-owned companies facing financial difficulties.     Learning ...
  1 week ago

• Well-sourced Australian media reports suggest Mighty River Power share price will be NZ$2.60, raising NZ$1.78 bln for the state

  
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  Tweet Australian media are reporting that the final share offer price for Mighty River Power shares will be NZ$2.60. If this is the price achieved it will raise about NZ$1.78 billion for the Government. ...
  1 week ago

• Letters: Will the Royal Mail sell-off deliver better service or quick profits?

  
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  Even though the governments plans to sell Royal Mail are flawed ( Royal Mail sale is a sign of Conservative desperation, says Labour , 6 May), privatisation is decades overdue. While previous UK governments bottled out of reforming the state mail monopoly, others like Sweden, New Zealand, Germany and the Netherlands ...
  1 week ago

• Short

  
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  The Keep Our Assets petition to force a referendum on privatisation has fallen short by 16,500 signatures . Over 25% of signatures submitted were invalid, unable to be matched to people on the electoral roll. This is a normal part of the process; people dont give enough information, they write illegibly, they move, ...
  1 week ago

• Asset sales petition has more work to do

  
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  Asset sales petition has more work to do by Anthony R0bins Breaking – The asset sales referendum petition has collected 292,000 valid signatures. It needs 16,500 more (about another 5%) to reach the threshold. The Keep Our Assets Coalition has 2 months to get the remainder – and says it will get them… ...
  1 week ago

• RBS and Lloyds: the stamp of ideology | Editorial

  
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  By putting them back into the market, the coalition will fire the starters pistol for another crisis down the track Cliche has it that this is a post-ideological age; yet ideology runs through this governments policy on RBS and Lloyds like words on a stick of rock. The coalition is dead set on privatising the ...
  1 week ago

• We’re leaving & we’re taking the dams

  
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  We’re leaving & we’re taking the dams by Zetetic Following the Labour and Greens’ rejection of their demand that the parties drop their NZ Power policy to lower power prices, the business elite has announced capital flight. ‘If Origin Energy loses its rentier profits, who’s next? said Phil ...
  1 week ago

• May Day March for the NHS - in pictures

  
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  Saturday 4 May 2013. Annual Lancaster & Morecambe Trades Union Council International Workers Day March & Rally. This year the march was in support of local NHS services, which are being restructured with proposals for heavy cuts. Click this link for the report: Saving NHS services: March & Rally, ...
  1 week ago

• Save the NHS: The Next Moves for Campaigners, and a Transcript of the Lords’ Debate on Section 75

  
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  It’s now eleven days since the House of Lords voted against a motion proposed by the Labour peer, Lord Hunt of Kings Heath, which was intended to strike down regulations relating to Section 75 of the Health and Social Care Act that had caused alarm to campaigners when they surfaced in February . Following a massive ...
  1 week ago

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