Keyword: privatization

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  • United States: The Plan For The Future Of American Infrastructure

    02/17/2017 4:55:24 AM PST · by Tolerance Sucks Rocks · 2 replies
    Mondaq ^ | February 13, 2017 | Richard P. Puttré, Eric W. Sedlak, Kevin J. McIntyre, Isel M. Perez and James F. Channing
    A Look Into the Opaque Crystal Ball for Infrastructure Initiatives in the First 100 Days of the Trump Administration President Donald J. Trump's "America's Infrastructure First" plan is one of the Trump Administration's priorities during his first 100 days in office. Throughout the campaign, President Trump heralded his plan to build and restore highways, tunnels, airports, bridges, and water systems across America and promised a $1 trillion investment in the infrastructure sector over a 10-year period. Leaders from both parties acknowledge the nation's deteriorating infrastructure, and there have been expressions of support from both sides of the aisle for some...
  • Trump and Congress can jumpstart improvements to interstate highways in Southern California

    02/15/2017 7:38:04 AM PST · by Tolerance Sucks Rocks · 27 replies
    The Orange County Register ^ | February 5, 2017 | Robert Poole
    President Trump has promised to eliminate regulations and rebuild the nation’s aging infrastructure. Federal agencies are awash with regulations and provisions based on the presumption that government is, and should be, the sole provider of infrastructure. But now that we understand the merits of public-private partnerships, which can provide more accountable public-purpose infrastructure, these numerous regulations and provisions serve as major obstacles preventing the improvement of highways and other infrastructure. Back in 1995, Reason Foundation published a policy study itemizing a number of these regulatory barriers. Sadly, most of them still exist today. If a state or municipal facility has...
  • I-66 tolls a good idea for Northern Virginia

    01/05/2017 8:00:41 AM PST · by Tolerance Sucks Rocks · 18 replies
    The Fairfax County Times ^ | December 19, 2016 | Patrick Rhode
    Dear Editor, As states and municipalities around the nation struggle to find ways to afford much-needed improvements to aging and congested roadways, the Commonwealth of Virginia has established itself as an innovative leader when it comes to carefully prioritizing the state’s transportation investments and wisely leveraging private sector resources to ensure the best deal for state taxpayers. The I-66 Outside the Beltway project exemplifies this leadership, and Cintra, together with its partner Meridiam, is proud to be part of the team selected by the Commonwealth to finance, design, build, operate and maintain this more than $3 billion transformative project at...
  • Aubrey Layne: Trump's infrastructure plan is no magic bullet

    01/05/2017 7:16:37 AM PST · by Tolerance Sucks Rocks · 9 replies
    The Virginian-Pilot ^ | December 30, 2016 | Aubrey Lane
    PRESIDENT-ELECT Donald Trump has proposed a $1 trillion plan to fix America’s infrastructure. It relies on public-private partnerships as its primary source of financing. Our country’s complex transportation network needs an overhaul, but private investment is not the answer, mainly because of the returns that investors expect. Public-private partnerships can be an excellent procurement tool, but selecting the right project is key. Virginia has been a national leader in such deals since the General Assembly passed the Public Private Partnership Act in 1995. The law was designed for the partnerships to be used as an option for certain projects if...
  • Shocker! Trump Plans To Privatize The VA Just Like He Promised On The Campaign Trail

    12/30/2016 5:01:16 AM PST · by IBD editorial writer · 23 replies
    Investor's Business Daily ^ | 12/29/2016 | Staff
    Veterans' Health: News headlines this week screamed about how President-elect Trump is considering a plan to partially privatize the Veterans Health Administration. Did nobody read his campaign website during the election? In July, Trump issued his 10-point plan to fix the VA. Number 10 on the list: "Mr. Trump will ensure every veteran has the choice to seek care at the VA or at a private service provider of their own choice. Under a Trump Administration, no veteran will die waiting for service. These days are over starting January 2017." At the time, we wrote that, while Trump's plan wasn't...
  • Donald Trump Considers Moving VA Toward Privatization

    President-elect Donald Trump is considering moving the Department of Veterans Affairs toward privatization, a transition team official said Wednesday, a policy decision major veterans’ groups have said they would oppose.
  • Trump Team Floats ‘Public-Private’ Veterans Health Care

    12/29/2016 7:58:46 AM PST · by rktman · 39 replies
    breitbart.com ^ | 12/29/2016 | Charlie Spiering
    President-elect Donald Trump met with health care executives on Wednesday to begin a serious reform of the Department of Veterans Affairs. “I’ve been saying we have to take care of our vets,” Trump told reporters at Mar-a-Lago after the meetings. “We are working on something to make it great for our veterans, because they are treated very, very unfairly.” Trump met with John Noseworthy, the President and CEO of Mayo Clinic, Paul Rothman, the CEO of Johns Hopkins Medicine as well as Dr. Bruce Moskowitz, Dr. David Torchiana of Partners HealthCare and Toby Cosgrove of Cleveland Clinic, according to the...
  • Who Controls Our Schools? The Privatization of American Public Schools

    12/28/2016 6:09:56 AM PST · by magna carta · 92 replies
    The Independent Media Institute ^ | unknown | Don Hazen,Elizabeth Hines,Steven Rosenfeld,Stan Salett
    (Download Link to entire article) The charter school deception is rooted in the shared beliefs of its founders. Corporate titans like the Walmart-creating Walton family, Bill Gates, and other very wealthy individuals have collectively spent billions seeding and sustaining this movement until states and the federal government passed laws and regulations sanctioning and subsidizing charter schools.
  • Trump's pledge to boost infrastructure could aid mid-Hudson

    12/08/2016 12:56:52 PM PST · by Tolerance Sucks Rocks · 17 replies
    The Middletown Times Herald-Record ^ | November 21, 2016 | James Nani
    County leaders are hopeful that the $1 trillion infrastructure investment promised by Republican president-elect Donald Trump will have a big impact on the region. Trump has promised to prioritize infrastructure spending in his first 100 days in office. The move is one that Democrats, now in minority positions in both houses of Congress, have said they're willing to support. The plan, which is not yet fully fleshed out, looks to rely heavily on billions of dollars of infrastructure tax credits to private entities. And while Federal Reserve Board Chair Janet Yellen warned recently that weighing down the national debt with...
  • How Trump Might Try to Fix Bridges and Highways: QuickTake Q&A

    11/24/2016 7:44:35 AM PST · by Tolerance Sucks Rocks · 9 replies
    Bloomberg ^ | November 14, 2016 | Laurence Arnold and Sho Chandra
    Link only - Bloomberg
  • Donald Trump's infrastructure plan wouldn't actually fix America's infrastructure problems

    11/21/2016 9:00:54 PM PST · by Tolerance Sucks Rocks · 25 replies
    Vox ^ | November 18, 2016 | Brad Plumer
    Donald Trump loves the idea of infrastructure. He brings it up all the time. He wants to make an infrastructure bill a priority in his first 100 days as president. And Democrats like Nancy Pelosi and Chuck Schumer have said they’d love to work with him on this."We are going to fix our inner cities and rebuild our highways, bridges, tunnels, airports, schools, hospitals," Trump promised cheering supporters on election night. "We're going to rebuild our infrastructure, which will become, by the way, second to none. And we will put millions of our people to work as we rebuild it."The...
  • Who’s Going to Pay for Trump’s Huge Infrastructure Plans?

    11/20/2016 10:02:22 PM PST · by Tolerance Sucks Rocks · 81 replies
    The Fiscal Times ^ | November 14, 2016 | Mark Joffe
    A rare point of agreement between President-Elect Trump and Congressional Democrats is that America has an infrastructure deficit: The nation’s transportation, power, water and sewerage facilities are too often outdated and unable to reliably serve a growing population. But while the diagnosis crosses party lines, solutions are more controversial. Democrats may not be too worried about the recent increase in federal deficits, but Republicans who have made an issue of the national debt will be reluctant to produce more red ink. Likewise, tax increases to pay for new federal construction spending are off the table under Trump and a Republican-controlled...
  • Trump promises big on highway funding, could open door to more tolls and privatization

    11/19/2016 11:54:49 PM PST · by Tolerance Sucks Rocks · 33 replies
    Overdrive ^ | November 14, 2016 | James Jaillet
    President-elect Donald Trump said throughout his campaign for the White House that he wants major investments in U.S. infrastructure, calling for $1 trillion on infrastructure projects during his presidency.He reiterated the point in his victory speech last Wednesday. “We’re going to fix our inner cities and rebuild our highways, bridges, tunnels, airports, schools, hospitals,” Mr. Trump said. “We’re going to rebuild our infrastructure, which will become, by the way, second to none.”However, major infrastructure bills are challenging pieces of legislation to pass, especially since Congress changed little in the election, says Todd Spencer, executive vice president of the Owner-Operator Independent...
  • Germany mulls plan to partially privatize Autobahn

    11/14/2016 5:43:44 PM PST · by Olog-hai · 19 replies
    TheLocal.de ^ | 14 Nov 2016 11:51 GMT+01:00 | (DPA/The Local)
    A plan by the conservative German Finance Minister to sell off almost half of the country’s Autobahn roadway system to private investors has many Germans up in arms. Finance Minister Wolfgang Schäuble from Chancellor Angela Merkel’s conservative CDU party has put forth a plan to partially privatize the Autobahn network of roads across the country, according to a report by Der Spiegel on Saturday. His plan would involve selling private companies a share of up to 49.9 percent in a national company that would be in charge of construction and maintenance for the Autobahn. The company would be financed through...
  • Trump's highway improvement plans come with a price of maybe more Texas toll roads

    11/10/2016 9:11:39 PM PST · by Tolerance Sucks Rocks · 34 replies
    The Houston Chronicle ^ | November 10, 2016 | Dug Begley
    If recent votes are any indication, Texans don’t like toll roads, but they do like Donald Trump. At some point, maybe soon, they’re going to have to make a choice between the two. President-elect Trump in late October laid out some of his plans should he win the White House, among them the American Energy & Infrastructure Act, which he plans to pass in his first 100 days. In his action plan that includes abolishing the Affordable Care Act and restraining immigration, Trump said the infrastructure plan “leverages public-private partnerships, and private investments through tax incentives.” Over a decade, Trump...
  • Toll Lanes Could Get Driverless Trucks On Highways Faster

    11/06/2016 10:56:10 AM PST · by Tolerance Sucks Rocks · 23 replies
    Forbes ^ | October 18, 2016 | Jason Kuehn and Bill Rennicke
    Prematurely accelerating the implementation of fully autonomous trucking (no driver in the cab) seems like an idea that could be fraught with risk. While driverless long-haul trucks have the potential to increase economic productivity by enabling more cost-effective transport of goods, the technology is not yet ready for prime time. There is growing pressure, however, to make it a reality sooner rather than later – particularly as long-distance trucking faces a worsening driver shortage. At the same time, highway infrastructure in many parts of the country is clearly inadequate even for today’s traffic, let alone a mixed bag of driven...
  • Infrastructure investors go big

    11/06/2016 8:16:17 AM PST · by Tolerance Sucks Rocks · 3 replies
    Pensions & Investments ^ | October 31, 2016 | Arleen Jacobius
    Pension funds and other asset owners increasingly are investing in U.S. infrastructure, often buying the assets from infrastructure money managers. This could be a win-win. Investor interest comes at a time when the first crop of infrastructure funds raised in the U.S. in 2004 and 2005 are coming to the end of their 10-year life span. Managers are expected to bring more transactions to market to take advantage of growing interest by direct investors. Industry insiders expect more infrastructure core projects to change to institutional investor ownership. Investors prize the core projects, even though returns generally are lower than investments...
  • Morton Marcus: Business-government partnerships hide faults

    11/06/2016 7:44:26 AM PST · by Tolerance Sucks Rocks · 1 replies
    The Terre Haute Tribune Star ^ | October 29, 2016 | Morton Marcus
    It was disappointing, but not surprising, to learn from the Indianapolis Business Journal (Oct. 10-16) that both John Gregg and Eric Holcomb endorse public-private partnerships (P3s). These candidates for governor are experienced in the ways of our Indiana government. Mr. Gregg has served at the highest level of the legislature while Mr. Holcomb is our Lt. Governor. P3s are agreements between governments (national, state, or local) with private companies to assume control, but not ownership, of public assets. Hoosiers know them in the form of the new bridge over the Ohio River, connecting the east end of Louisville with Clark...
  • Will next governor pave the way for more public-private partnerships?

    10/11/2016 7:05:15 PM PDT · by Tolerance Sucks Rocks · 5 replies
    The Indiana Lawyer ^ | October 11, 2016 | Hayleigh Colombo, IBJ Staff
    The controversial 2006 lease of the Indiana Toll Road paved the way for highway projects funded by public-private partnerships in Indiana — including the relatively smooth and nearly finished building of a bridge over the Ohio River at Louisville and the beleaguered construction of a 21-mile stretch of Interstate 69 from Bloomington to Martinsville. Indiana’s next governor — whose road-funding agenda will likely shape discussions at next year’s budget session of the Indiana General Assembly — will have a major role in crafting future deals to fund projects and maintain the state’s infrastructure. The question is whether the state will...
  • Survey: Most Michigan Schools Outsource Noninstructional Services

    08/31/2016 1:07:22 PM PDT · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 8/29/2016 | Derek Draplin
    Farmington Public Schools is expected to save $1.4 million this year after privatizing its custodial services for the first time. The district is one of several public school districts that have recently turned to privatizing noninstructional services, joining others that have used the practice for years. Farmington estimates the district will save $4.2 million over three years because of the move. The district reported its findings to the Mackinac Center for Public Policy for its “Michigan School Privatization Survey 2016.” “Over the past several years,” the report said, “there has been a slow and steady increase in the number of...
  • Another Travel Fiasco Courtesy of the TSA

    08/26/2016 10:32:05 AM PDT · by Tolerance Sucks Rocks · 43 replies
    The Daily Signal ^ | August 19, 2016 | Genevieve Wood
    I have long been a believer that, in most cases, a private company will do a more effective and efficient job than any government agency charged with the same task. My recent travel experience solidified that belief. It all started out with a half-empty water bottle at Ronald Reagan National Airport just outside the District of Columbia. I had checked in the night before, checked my bag at the curbside when I arrived, and now had a full hour to go through security. With Congress gone since late July and much of the District emptied out until Labor Day, I...
  • The VA privatization debate is coming to a head

    07/02/2016 8:03:10 AM PDT · by darkwing104 · 21 replies
    The Coach's Team ^ | Saturday, July 2, 2016 | Jim Emerson, staff writer
    The week will be make or break time for the Department of Veterans Affairs (VA) as it may be decided whether or not to privatize medical care for veterans. Congress created the Commission on Care to overhaul the VA and it is expected that this panel will release its final recommendations on whether to provide the option for private care for veterans enrolled in the VA’s system of hospitals and clinics. Efforts to privatize health care have caused blowback from national veteran’s groups. Fearful of losing their jobs, unionized VA employees have been staging opposition rallies. corporation. The American Federation...
  • Orlando Killer Worked For Company Transporting Illegal Immigrants Inside US; Was Interviewed By FBI

    06/12/2016 1:58:56 PM PDT · by Helicondelta · 137 replies
    zerohedge.com ^ | June 12, 2016
    In a surprising discovery, the Palm Beach Post first reported that according to state records, Orlando shooter Omar Mateen - who as we reported earlier was licensed as a security guard and also holds a firearms license - was employed by the US subsidiary of G4S plc, a British multinational security services company, whose US-headquarters are located in Jupiter, Fla, and which also happens to be the world's largest security company by revenue. ... But where it gets more disturbing is that as Judicial Watch reported several days ago, in a post titled, "DHS Quietly Moving, Releasing Vanloads Of Illegal...
  • Ted Cruz calls for privatized treatment option for veterans

    11/12/2015 9:34:29 PM PST · by Isara · 6 replies
    Boston Globe ^ | November 12, 2015 | Anthony Mastracci
    <p>He made his comments Wednesday, following a September report by the VA’s Office of Inspector General that calculated more than 300,000 veterans died while waiting for treatment. Speaking to about 175 people at a VFW post, Cruz said that he believes every veteran should have a choice of where to seek medical treatment.</p>
  • The Scheming Marxist Architect of Obamacare, Robert Creamer, Helped Sell the Iran Deal

    09/20/2015 5:11:44 PM PDT · by CutePuppy · 22 replies
    NoisyRoom.net ^ | 2015 September 14 | Terresa Monroe-Hamilton (h/t Judy Weddle)
    [picture of Robert Creamer] Looks like the Marxist architect of Obamacare also had a major say in putting forth the Iran Deal. Robert Creamer was convicted in 2005 for tax violations and bank fraud. He served time and was under house arrest. While in prison, he crafted the core underpinnings of Obamacare. Creamer is a political consultant who is very close to Barack Obama and is married to Jan Schakowsky, the Marxist Congresswoman from Illinois. While on the inside, he wrote, Listen to Your Mother: Stand Up Straight! How Progressives Can Win. Obamacare was only the first major step in...
  • 5 Questions For Libertarians Who Support Privatizing Marriage

    07/28/2015 12:08:34 PM PDT · by SeekAndFind · 16 replies
    The Federalist ^ | 07/28/2015 | Stella Morabito
    Reason magazine went out on a limb recently and published an article entitled “Privatizing Marriage Is a Terrible Idea,” by Shikha Dalmia. She presented an argument that is boldly counter-intuitive for many libertarians these days: that abolishing state-recognized marriage would increase government interference in our lives rather than reduce it. Dalmia is absolutely correct about this. And it would behoove anyone who truly stands for limited government to consider her points thoughtfully and soberly. The libertarian default position that goes by the slogan “let’s just get the government out of the marriage business” is short on substance. If it sounds...
  • Václav Klaus: Our Freedom Is Endangered

    03/12/2015 9:11:17 PM PDT · by Robert DeLong · 7 replies
    Global Wealth ^ | March 12, 2015 | Kelly Diamond
    The best environment for man is the environment of liberty.” – Václav Klaus Liberty is a fundamental human right and the cornerstone of our existence. But in our current world, liberty is being attacked from all directions, whether through higher state control or individuals themselves. Liberty is in search for its protector. Those that value and actively promote the ideals of freedom and liberty are few in such an enclosing environment. In the following article, Claudio Grass, Managing Director at Global Gold Switzerland, ventures into a discussion with one of the vanguards of liberty, former President of the Czech Republic,...
  • Let’s Privatize Medicare

    08/23/2014 5:39:04 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | August 23, 2014 | John C. Goodman
    Paul Ryan proposed a private health insurance alternative to Medicare for future retirees, liberal critics pounced. It’s another scheme to undermine health care for the elderly by “privatizing” and “voucher-izing” the program, they said.Yet, almost one third of seniors are already in private health insurance plans. They are called Medicare Part C, or Medicare Advantage, plans. And you would be hard pressed to find any Democratic office holder who wants to abolish them. The reason? Seniors choose to be in these plans because they like them better than traditional Medicare.Not only do seniors like them, but they appear to provide...
  • What Happens When Libertarian Fantasies Become Reality?

    08/10/2014 8:07:49 AM PDT · by Kaslin · 44 replies
    Townhall.com ^ | August 10, 2014 | Daniel J. Mitchell
    No, this post is not about that kind of fantasy. Instead, we’re dealing strictly with public policy and specifically addressing whether the libertarian agenda is unrealistic. This is because when I talk to people about libertarianism, they often will say something mildly supportive such as: “I like the idea of getting government out of my wallet and out of my bedroom.” But then the other shoe drops and they say something skeptical such as: “But you folks are too idealistic in thinking the private sector can do everything.” If you ask them to elaborate why libertarian ideas are fantasies, you’ll...
  • The Town that Privatized Everything

    06/27/2014 9:14:16 PM PDT · by TigerClaws · 63 replies
    Sandy Springs, Georgia may look like any other town in America. It has parks, roads, and beautiful places to live. But there’s one thing that separates this town from every other town: Sandy Springs privatized almost everything. In 2005, Sandy Springs outsourced almost all functions of the city government (with the exception of police and fire) to a single company, which runs the town. That company is in charge of running all the vital functions of government, from the running the parks, to paving the roads, and even 911 calls! The town is run very efficiently, with zero backlogs in...
  • Union Embraces More Outsourcing - But still protests when schools do it

    07/09/2014 7:55:49 AM PDT · by MichCapCon · 1 replies
    Capitol Confidential ^ | 7/5/2014 | Michael Van Beek
    The Michigan Education Association is a large critic of school boards hiring private companies to provide noninstructional services, such as custodial, food and transportation. But the union uses this often fiscally responsible practice itself, as the Mackinac Center for Public Policy has documented several times in the past. The most recent example is revealed in this video that features MEA employees attesting to how great outsourcing their dues collection services was. In it, MEA representatives admit that their "in-house" attempts to collect dues were "not reliable, and inaccurate." They also admit that their accounting was shoddy — apparently the union...
  • The VA, The NHS And Choice

    05/22/2014 7:29:32 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | May 22, 2014 | Cal Thomas
    PORTSTEWART, Northern Ireland -- President Obama Wednesday replayed a familiar scenario when dealing with scandal, in this case delays for treatment, deaths, alleged cover-ups and other acts of malfeasance reported at Veterans Administration hospitals in the United States: first express outrage, next announce an investigation and then say he won't comment on the scandal until the results of the investigation are in, promising people will be held "accountable," if they violated the law. Good luck with that. Meanwhile, critics are using the VA scandal to indict Obamacare. They believe what is occurring at VA hospitals is a preview of coming...
  • Rethinking Federal Highway and Transit Funding

    05/20/2014 10:06:25 AM PDT · by Tolerance Sucks Rocks · 7 replies
    The Cato Institute ^ | May 6, 2014 | Chris Edwards
    Mr. Chairman and members of the committee, thank you for inviting me to testify today regarding the federal role in highway and transit funding.Federal policymakers are considering ways to close the large funding gap in the Highway Trust Fund. One option would be to reduce spending and downsize the federal role in transportation. That approach would encourage state governments to pursue their own innovative solutions for highways and transit, such as new types of user charges, public-private partnerships, and privatization.Federal aid programs for highways and transit have many shortcomings. Aid redistributes transportation funds between the states in ways that are...
  • Postal workers unions protest Staples program

    04/24/2014 11:32:46 AM PDT · by Olog-hai · 21 replies
    Associated Press ^ | Apr 24, 2014 2:16 PM EDT
    Postal workers around the country protested in front of Staples stores on Thursday, objecting to the U.S. Postal Service’s pilot program to open counters in stores, staffed with retail employees. […] In Washington, D.C., more than 200 people gathered at a Staples, drumming on buckets and holding signs that read: “Stop Staples. The US Mail is Not for Sale.” One of them, postal service maintenance mechanic Robert Black, called the pilot program “a back-door way of privatizing the post office” and taking away jobs from postal workers. “It seems as though they are doing whatever they can to break down...
  • Want to Abolish Abortion? Privatize It

    04/18/2014 11:59:57 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | April 18, 2014 | Gabriella Hoffman
    The Left’s favorite holiday has thankfully come and gone. As Americans filed their taxes this year, many were astonished to discover certain medical expenses now qualify for tax deductions. When going through the list, one can find birth control pills and abortion listed. The IRS form reads, “You can include in medical expenses the amount you pay for a legal abortion.” Is human life so expendable it can be written off? For a movement that begrudges tax deductions, this is ironic and equally alarming. Undoubtedly, the Obama administration is favorable to the abortion lobby and eager to fund them through...
  • 100 million Royal Mail shares traded in just one hour: Frenzy as value leaps by Ł1 billion…

    10/13/2013 11:11:41 AM PDT · by Olog-hai · 14 replies
    Daily Mail (UK) ^ | 05:01 EST, 12 October 2013 | Matt Chorley
    More than 100 million Royal Mail shares were traded within 60 minutes of the former monopoly floating on the stock market yesterday. Their price jumped instantly from Ł3.30, the sale price set by ministers, to Ł4.50, allowing critics to say the Government had chronically undervalued the business. The price closed at Ł4.55—a 38 percent increase on the opening price. The 378-year-old company looks set to join the FTSE index of Britain’s 100 biggest listed companies, joining household names from BP to Prudential and Vodafone to Diageo. …
  • Millions to profit from Royal Mail shares as Labour insists sale too cheap

    10/08/2013 12:27:03 AM PDT · by Olog-hai · 1 replies
    Daily Telegraph (UK) ^ | 10:00PM BST 07 Oct 2013 | Christopher Hope, Louise Armitstead and Steve Hawkes
    Small investors who have applied for shares in Royal Mail could be sitting on a profit of hundreds of pounds, according to early City forecasts. A late rush has pushed demand to levels experienced during the privatizations of the late Eighties when British Gas and other state industries were sold off. … Chuka Umunna, the shadow business secretary, renewed his calls for the sale to be pulled because the shares were too cheap. He said: “The Government should never have valued the company so low in the first place. It appears to be selling it at an undervalue. The Government...
  • What We Can Learn from Singapore

    09/21/2013 6:36:20 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | September 21, 2013 | John C. Goodman
    In 1984, Singapore instituted a revolutionary idea: a system of compulsory saving for medical expenses. That was the same year my colleagues and I at the National Center for Policy Analysis introduced the idea of Health Savings Accounts in this country.After almost three decades, Singapore has now come to the attention of a lot others, including a book by Brookings, and a whole slew of posts by bloggers.At the risk of disappointing you, Singapore does not have a free market for health care. What it does have is an alternative to the European/American welfare state, in which private saving and...
  • Post workers to vote on whether to strike in run-up to Christmas over plans to privatize Royal Mail

    09/03/2013 8:56:02 AM PDT · by Olog-hai · 3 replies
    Daily Mail (UK) ^ | 17:54 EST, 2 September 2013 | Sara Malm
    Britain's militant postal union yesterday warned of “inevitable” strikes as the dispute over plans to privatize Royal Mail becomes increasingly bitter. … Despite the union’s upcoming ballot, the Government said it will not alter its decision to sell shares in Royal Mail in this financial year. The Royal Mail said industrial action, or the possibility of disruption, was damaging to the business, especially in the run-up to Christmas, which is the busiest time for the company. …
  • Courts may be privatized to save Ministry of Justice Ł1 billion (UK)

    05/28/2013 1:45:49 PM PDT · by Olog-hai · 9 replies
    Daily Telegraph (UK) ^ | 8:15AM BST 28 May 2013 | Ben Bryant
    The courts may be privatized in a justice shake-up that could save the Ministry of Justice Ł1 billion ($1.51 billion) a year. The plans would free the courts from Treasure control, placing court buildings and thousands of staff in the hands of private companies. … Fears that privatization would erode the independence of the courts would be allayed by placing the courts under a Royal Charter, as has been proposed for the regulation of the press. …
  • RAHN: Privatize almost everything: With money running low, government functions become inviable

    05/01/2013 5:35:19 AM PDT · by SeekAndFind · 15 replies
    Washington Times ^ | 05/01/2013 | By Richard Rahn
    As a mental challenge, try to think of all of the governmental activities — federal, state and local — that could be privatized. Now, go a step further. Suppose you were required to develop a plan to privatize, or make self-supporting through user fees, nearly every activity of government. Could you or a group of your friends do it? Try it. I expect your success will surprise you. The reason this is relevant is because most governments will reach their borrowing limits in the not-too-distant future, which means they will have to operate on current revenue from taxes and fees....
  • Egypt’s president says no more privatization (of state-owned companies)

    04/30/2013 10:15:41 AM PDT · by Olog-hai · 2 replies
    Associated Press ^ | Apr 30, 2013 9:24 AM EDT
    Egyptian President Mohammed Morsi says that there will be no further privatization of state-owned companies. … Egypt privatized key companies in the 1990s under Mubarak, but the program stalled in recent years. Critics say the sales were tainted by corruption. …
  • (UK) Royal Mail to be sold off by next April in biggest privatization for over two decades

    04/25/2013 8:37:19 PM PDT · by Olog-hai · 4 replies
    Daily Telegraph (UK) ^ | 6:58PM BST 25 Apr 2013 | Christopher Hope
    People will be offered the chance to buy shares in Royal Mail in the next 12 months, ministers have told MPs. The formal announcement from Business minister Michael Fallon starts the clock on what is set to be the biggest privatization for over 20 years. … Royal Mail is expected to raise between Ł2 billion ($3.1 billion) and Ł3 billion ($4.6 billion) when it is privatized. Any selloff will rival the “Tell Sid” privatizations of British Gas and BP in the mid-1980s Thatcher government. …
  • Privatization Shellacs Obamacare Model

    02/25/2013 8:20:25 AM PST · by CharlesMartelsGhost · 5 replies
    American Spectator ^ | February 25, 2013 | David Catron
    An excruciating irony of Obamacare is that its architects modeled many of its features after the UK’s National Health Service (NHS). The NHS is a classic system of socialized medicine, and a monumental failure by any objective standard. Yet many of its features were enthusiastically built into the “Affordable Care Act.” The most obvious example is Obamacare’s rationing committee, the Independent Payment Advisory Board (IPAB), which was consciously made in the image of Great Britain’s National Institute for Health and Clinical Excellence (NICE). And lest you think I exaggerate the failures of the NHS, you can verify my characterization by...
  • Obama's Social Security Games Make Case For Private Pensions

    01/16/2013 7:47:45 AM PST · by IBD editorial writer · 3 replies
    Investor's Business Daily ^ | 15 Jan 2012 | Editorial
    Politics: President Obama threatened Social Security checks would be delayed if Congress didn't play ball on the debt ceiling. Once again, he turned pensions into a political football. There are ways to stop this. Americans should know: Social Security payments won't be affected by debt-ceiling talks, and Obama knows it. Still, it's not as if the Social Security system is healthy. In a Page 1 story Monday, IBD's Jed Graham reported that 2013 marks the first year new Social Security retirees will outlive the trust fund. Their benefits will be slashed 25% as the system goes bust in 2033. So...
  • Thousands in Spain protest health privatization

    12/17/2012 5:21:08 PM PST · by Nachum · 4 replies
    Yahoo ^ | 12/17/12 | Harold Heckle, Associated Press | Associated Press
    MADRID (AP) -- Several thousand Spanish public health workers and other people marched from four main hospitals in Madrid to converge on a main square in the capital Sunday, protesting the regional government's plans to restructure and part-privatize the sector. The marches, described as a "white tide" because of the color of the medical scrubs many were wearing, finally met mid-afternoon in Puerta del Sol. On Monday, the region's health councilor will meet with a committee responsible for coordinating professional services and union representatives to try and agree how to achieve €533 million ($697 million) in savings. Doctors, nurses and...
  • How Dewey Bartlett Balanced Tulsa's Budget without Raising Taxes

    12/10/2012 1:30:23 PM PST · by FreedomPoster · 3 replies
    Reason TV ^ | Dec 10, 2012 | Len Gilroy and Sharif Matar
    Video is here. When Mayor Dewey Bartlett took office on December 7, 2009, Tulsa, Oklahoma was in its worst budget crisis since the Great Depression. "We would have probably had to file for bankruptcy," Bartlett tells Reason TV. "It certainly got us focused on how to run a government better." With a $10 million budget shortfall and employee compensation spiraling out of control, thinkng about layoffs was just the beginning. Bartlett schooled himself about the budget and decided to focus "on things a government really should do and also make a decision on what a government really doesn't need to...
  • Path to Liberty | Privatization or Back to the Plantation?

    07/30/2012 10:52:52 PM PDT · by NaturalBornConservative · 1 replies
    Natural Born Conservative ^ | JULY 29, 2012 | Larry Walker Jr
    “Mr. President, it is natural to man to indulge in the illusions of hope. We are apt to shut our eyes against a painful truth, and listen to the song of that siren till she transforms us into beasts. Is this the part of wise men, engaged in a great and arduous struggle for liberty? Are we disposed to be of the number of those who, having eyes, see not, and, having ears, hear not, the things which so nearly concern their temporal salvation? For my part, whatever anguish of spirit it may cost, I am willing to know...
  • Economic Uncertainty Leading to Global Unrest

    08/09/2011 4:53:29 PM PDT · by dragnet2 · 48 replies
    CNBC ^ | 8/9/2011
    <p>The protests have now spread to other cities, with violence reported in parts of Birmingham, Liverpool and Bristol.</p> <p>Great Britain and other parts of the world are experiencing unrest at a time of global economic uncertainty and stock market volatility.</p>
  • Russia: Medvedev doubles down on "modernization"

    08/06/2011 10:29:17 PM PDT · by bruinbirdman · 9 replies
    AFPC Russia Reform Monitor ^ | 8/5/2011 | Ilan Berman and Amanda Pitrof, eds.
    The majority of Russians remain dissatisfied with the progress of democratization in Russia, a new poll has found. The Moscow Times reports that 62 percent of people recently polled in an All-Russia Public Opinion Research Centre survey answered that they are “dissatisfied with the development of democracy in Russia.” This number, however, is down marginally from the 73 percent who were dissatisfied with domestic conditions twenty years ago. Meanwhile, those who believe the country is showing progress are largely supporters of the ruling "United Russia" party, are under 45 years of age, and generally active Internet users. [Editors’ Note: Given...