“EU countries are currently weathering a veritable blitzkrig of pressure to privatize.” Are you kidding me?! Is that why Greece just voted in the Nationalist-Socialist(aka Nazi) party? Is that why France just went further to the left voting in a Socialist president.
What you’re seeing in the EU as well as in China is called “state-capitalism”. It is state influenced and heavily regulated companies. It’s what our government “tested” with GM and Chrysler. The corporations know that through their “donations” the government in power will use the government to pick winners and losers through regulation and the tax codes.
What has brought hard times to the EU is their austerity measures imposed by these same governments.
What are austerity measures?
Massive cutbacks in government programs followed by crippling taxes! The same “comprehensive” approach that liberals in our government propose and which even the NYT says do not work.
So you got it backwards. It’s government controlling and/or “overseeing” more companies not private companies controlling government.
Again, if our federal governemnt wasn’t in the business of picking winners and losers through the tax code you wouldn’t have this sort of meddling. “Tax breaks”? Are you really arguing under the premise that any money earned by any person or company is first the property of the geovernment(federal, state, or otherwise)?
- The money that those companies make is first and foremost theirs. If their taxed 35% up front and through “tax breaks” they really only pay 15% then that’s still 15% of their money going towards government and their massive wastes in spending, not 15% less of the government’s money.
2)Who are you to decide what a company “requires” per their revenue? I wonder how comfortable you would be with that same government deciding what you “require” per your income.
3)That you would call to question their character in your last remark is astounding as well. Who are you thet you know so much of their intent? That you would characterize oil companies as a bunch of irresponsible nit-wits that want nothing more than to destroy the environment. While you ignore the oppresive regulations formed by this president and his EPA that because of them we haven’t had a new refinery built in this country in over 20 years.
We have Warren Buffet and Berkshire Hathaway who bought Berligton Northern in 2009.
We have this same company who donated money to Senator Ben Nelson’s re-election.
And now this same senator, along with Buffet are blocking the keystone pipeline from going through Nebraska so that Burlington Northen can carry the oil from Nebraska to Texas.
On the Keystone Pipeline
This is not private influence of the state. This is collusion between the state and certain companies that favored them.