Tag Archives: asset sales

As Predicted, Abbott Looks To Sell Us Out

28 Sep

Well that didn’t take long.

Less than a week after I wrote “Abbott’s ‘Open For Business’ Means ‘The Path To Serfdom'”, and we learn that the new government is indeed looking to follow in the footsteps of every other Australian government in modern history.

From the Australian:

National icon sales may help fix budget

ICONIC public assets could be put up for sale as the Abbott government searches for ways to pay down debt, after warning of a “deteriorating” budget that will force it to raise its $300 billion borrowing limit.

Australia Post and the nation’s air traffic control agency Airservices Australia will join Medibank Private as candidates for sale in a looming commission of audit that will be asked to examine whether major assets need to stay in public hands.

Don’t say you weren’t warned.

The only way to end the practice of politicians alternately running up debts, then selling off everything of value that our nation owns to foreign buyers (thus, controllers), is for the public to insist on government taking control of the nation’s money supply away from bankers.

Abolish the RBA.

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