Sunday, November 2, 2014

Privitization = War On The Poor

Here is a report from Germany concerning how private capital buyouts of public housing units in Spain have resulted in a disaster for the poor:

"While it appears that these funds act like vultures, they help the system because the municipalities had very few options to get to liquidity."

http://deutsche-wirtschafts-nachrichten.de/2014/11/01/goldman-sachs-hartes-vorgehen-gegen-mieter-in-sozialwohnungen/ [you may have to translate from the German original]

"They help the system"? What system, you ask? The system that manipulates governments so as to extract the maximum wealth from each and every country on the planet for the benefit of some of the vilest people who ever lived.

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