To Privatise or not?

[Bonobo]

Private is said to be better than state.

Is it really true in all cases?

Shouldn`t the state keep the most vital enterprises?



Biggest ever budget boost from privatisation
08.10.2010 11:32

After the privatisation of insurers PZU and the impending sale of Energa to the PGE energy giant, Poland’s budget is set to see record income from sales this year.

Privatisation deals are set to amount to around 30.5 billion zloty (7.7 billion euro) in 2010. The record will be broken after the sale of Energa pending a final decision from the UOKiK consumer watchdog.

Thanks to the forthcoming sale of Energa, the combined revenue may comprise the largest bout of privatisation seen since 2000, when income to the budget amounted to 27 billion zloty after the sale of Telekomunikacja Polska to France Telecom.

In an effort to stem the budget crunch, public debt is billed not to go above 55 percent of GDP thanks to the deals, with the cap set for 2011 thanks to the further selling off of state-owned assets.

[tufta]

Oct 9, 2010 20:54:47 GMT 1 Bonobo said:

Private is said to be better than state.

Is it really true in all cases?

Shouldn`t the state keep the most vital enterprises?

Exactly!

Bo for president!

[Bonobo]

Oct 10, 2010 14:15:31 GMT 1 tufta said:

Bo for president!

Tufta, never say it again. I have bad connotations. Each suspicious man who is involved in some dark machinations, is promoted/put forward to the US president`s position by his supporters. ;D ;D ;D ;D ;D ;D

E.g, Olivier North, the one involved in Iran-Contras affair in 1980s.





The Iran–Contra affair[1] (Persian: ماجرای مک‌فارلین, Spanish: caso Irán-contras) was a political scandal in the United States that came to light in November 1986. During the Reagan administration, President Ronald Reagan and other senior U.S. officials secretly facilitated the sale of arms to Iran, the subject of an arms embargo.[2] At least some U.S. officials also hoped that the arms sales would secure the release of hostages and allow U.S. intelligence agencies to fund the Nicaraguan contras.

More
en.wikipedia.org/wiki/Iran%E2%80%93Contra_affair




Currently, I am not going to run for US president`s office,. I think Obama is still doing well. Just recently, when the American eagle emblem fell down, Obama retained his composure and even said sth witty.