Friday, 11 October 2013

Royal Mail Privatisation

Any good neo-liberal economist will tell you that the value of anything is simply what someone else is prepared to pay for it.

So as the shares of the Royal Mail go on sale today we can know exactly what they were worth using the preferred theory of value of Cameron and his hedge fund and banker pals.  And knowing what they were worth and knowing what they were sold for it is easy to see that this was a major robbery of the taxpayer to benefit the already discredited financial system of the City of London.

And the saddest part is that it is ordinary working people who will have to fork out the difference in the form of cuts to schools, hospitals and other public services which could have been funded by that difference.  It's a bloody disgrace and an affront to all of the people who already dug deep to bail out the banks.

This was our Royal Mail and come independence it will be again. I only hope that our government, once we grasp the thistle, has the balls to take our share of it back into public ownership with minimal compensation for the greedy pigs who stole it.

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