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| Whether it's Spain, Greece or the United Kingdom, once proud nations have had their strategic state industries, wealth, assets, cultures and futures systematically stripped and sold-off to pay for the damage wreaked by greedy investment banksters and their friends in politically low places. |
It's Friday. It's financial. It's Friday Financial with JULIAN SAYER.
Banksters
have stripped countries of their assets and brought misery to millions.
In every
region of the world I can think of, the sovereignty and wealth of each nation
is being sold to the highest bidder.
The once
proud people of each country are having it sold from beneath them. Each nation,
and the people within it, are under attack, not from the so called terrorists
we hear so much about, but from within the financial markets that demand their
pound of flesh.
In every
country, the people who run the Government have largely decided they no longer
wish to serve the country's best interests, but prefer instead to serve the
interests of the chosen few; the billionaires, the hedge funds, and the
investment banks. They are in the process of gorging themselves on the sales of
assets, houses and nationalised industries all around the world. The general
public is being short changed in every respect.
Here in
the UK whether it's the Royal Mail or LloydsTSB, the taxpayers' assets are
being sold to help keep the nation's debts under some sort of control. You can argue
the rights and wrongs of selling all the state's assets, but when you do, at
least get fair value.
There is
no doubt that the Royal Mail sale reeks of desperation and mismanagement. Royal
Mail shares are currently more than 70% higher than the 2013 sale price. The
investment bank that advised the Government made millions, even Mr Osborne’s best man had his finger in the pie. Everybody involved
made a nice little turn, with the exception of the taxpayer who lost out to the
tune of £750m. A full breakdown of the
sale can be found here;
