Wednesday, February 01, 2012

The Oldest Con in the World

This talk from every Republican out there––this push to privatize everything. Privatize Social Security, Medicare, schools, roads, prisons, the military––it's all about taking the public's money and putting it into fewer pockets. Never mind whether the thing being privatized continues to function.


It's about taking the money out. Profit rather than public service. If something is working it has funding; this privatization scheme, and it is a scheme, is all about taking that funding and putting it into fewer pockets, letting the machinery run without oil, without maintenance till it stops. Privatizing profit and socializing risk. Leaving the taxpayers and the beneficiaries high and dry. It's the oldest con in the world. Sucking value out and selling off the garbage that is left. Like in the film Glengarry Glen Ross.

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