Privatization is the biggest scam ever enacted, devised by a cabal of pathologically greedy money addicts who colluded to enrich themselves as much as possible. This cabal already had access and clout in the US, and knew what it meant when the US went off the gold standard in 1971. They were salivating at the prospects, but could not let the public know the truth, because what they were doing was criminal, nefarious, unethical, inhumane, and utterly despicable. They knew that if the public understood the truth, they would be stopped - and maybe even stopped dead, literally.
And so, back in the 70's and 80's, they took their scam global as they spread their tentacles of greed and corruption to any country where they could entice similar greedy, unethical people to take part. Of course some of those always had to be in government - persuaded, bribed, or replaced if they would not agree to this scam. Yes, the insatiable US schemers took out some top politicians with various contrived narratives so they could pillage and plunder other countries - assassinating or ousting, over and over again. Heck, our CIA even helped to oust a decent Prime Minister in Australia in 1975!* (Not all of the interference was about privatization - the greed and corruption could also be about control of resources, or of a strategic location, and other aspects of getting MONEY in various ways.)
The web of lies needed so that these criminals could 'sell' privatization to the public has two aspects: the first part misinforms the public about how spending is done by any country that issues its own currency, and the second part is to offer the 'privatization' solution to the completely fictional problems that the liars say that the country has, and in many cases the liars have CAUSED by intentional defunding of systems that could have and should have been properly funded.
Web of Lies Part I
The lies about the government money go like this: The country 'can't afford' things that the people want, the country is 'in debt', the debt and deficit are 'scary' and getting larger, 'cuts have to be made', and similar lies. Most of us in the US, Canada, the UK, Australia and other countries will recognize these words and phrases; duping the masses who never studied macroeconomics was fairly easy as long as everyone at the top was on board with the lies. And how could the public envision anything else if they ONLY knew about personal and household budgeting? Here in the US, if people demanded decent things like MANY other countries had already provided for decades, the fearmongering about 'higher taxes' usually succeeded in squashing enough people for a while. Most of us have not studied macroeconomics (VERY different from business economics!), so how would we know that everything we were told was a lie? In other countries that already had decent systems, the lies could simply start with 'not enough money', 'have to make cuts', and so on.
The liars knew they could use the 'money doesn't grow on trees' and such admonishments to great effect. And they laughed privately, sneering that we did not understand that these countries that issue their own currency actually DO issue it 'out of thin air'! More of us have seen this - here in the US, billions and billions and BILLIONS of dollars are approved for defense (more accurately called OFFENSE - ahem), disaster relief, and the those vital (yes, that is sarcasm) tax cuts for the rich. And maybe even a big PARADE soon, hooray! (more sarcasm) Meanwhile, Flint, Michigan has been almost four years without clean water for the people there! And in the UK, Theresa May suddenly 'found' a BILLION POUNDS for her deal with DUP - but still pretends that the National Health Service cannot be adequately funded. Do you see a pattern? Millions more people are seeing that EXACT pattern - always money for what the RICH want, never money to help the people.
The liars knew they could use the 'money doesn't grow on trees' and such admonishments to great effect. And they laughed privately, sneering that we did not understand that these countries that issue their own currency actually DO issue it 'out of thin air'! More of us have seen this - here in the US, billions and billions and BILLIONS of dollars are approved for defense (more accurately called OFFENSE - ahem), disaster relief, and the those vital (yes, that is sarcasm) tax cuts for the rich. And maybe even a big PARADE soon, hooray! (more sarcasm) Meanwhile, Flint, Michigan has been almost four years without clean water for the people there! And in the UK, Theresa May suddenly 'found' a BILLION POUNDS for her deal with DUP - but still pretends that the National Health Service cannot be adequately funded. Do you see a pattern? Millions more people are seeing that EXACT pattern - always money for what the RICH want, never money to help the people.
Here is the simple truth about countries that issue their own currency: they can issue ANY AMOUNT for 'anything that is physically possible and that can be paid for with their currency'. So anything that can be planned for sensibly can be funded. Period. Inflation does not automatically occur because more money is put into the economy or into the hands of people or into providing healthcare, hiring more workers, and so on. Sensible planning by humane, ethical people in charge can change EVERYTHING. The real question is always: "Is the economy capable of producing enough goods and services to meet everyone’s needs?"
Now - imagine the pathologically greedy and what THEY thought of when realizing that countries could issue unlimited money. Naturally, they set out to collude about how to get their hands on it! And that 'how' was to push for privatization. Anyone running a privatized system for the government of a country would be able to bill the government ANY AMOUNT, providing massive executive salaries and millions/BILLIONS in profits. Pathologically greedy people of course found this idea irresistible, and set out to put their scheme/scam in place globally. Watch Paul Ryan get informed by Alan Greenspan about the government's ability to issue any amount of money back in 2005. Back then he was confused, but I'm sure he learned quickly how it works and helped himself and his buddies aim that money to enrich them all.
Web of Lies Part II
Public misinformation was in place about how a government can spend, and the second part of the web of lies was to misrepresent how the 'privatization' of things would help. It would only help the rich to get richer, but money addicts do NOT care about ethics, honesty, or humanity. They do not care WHAT they have to do to get their next 'money fix'. So lie they did - promoting privatization as 'saving money' for the government, and being 'more efficient' and being 'run like a business'. All lies so they could bill the government ANY AMOUNT, as noted above, enriching themselves massively. Government money is supposed to be spent FOR THE GOOD OF ALL, but with all these countries being run by the corrupt, most of the spending is aimed at the corrupt and greedy. Although the greedy could get rich AND could still direct spending to help the people, the economy, and the country, they are PATHOLOGICALLY GREEDY, and cannot stop - they want it ALL, and they defund systems (healthcare, education, infrastructure, and on and on) so they can lie to try to take over ALL OF IT.
Here in the US, we have many dozens of defense (should be called OFFENSE) companies, and they are FOR PROFIT. All of these for profit system want to be used MORE in order to bill the government more. Can you see the problem with that? And having such companies on the stock market, and people can INVEST in them? And having media owned by rich people who would ALSO like more of that money, and tell us stories about why we should be having constant and even MULTIPLE wars?
Many of these privatized systems even charge user fees to perpetuate the charade that they are being 'run like a business'. And perhaps those fees are also a symptom that the greedy are pathologically greedy, and must try to get every dollar they can take, by any means. Our federal prisoners now must pay for things like socks, phone calls, and other things. Disgraceful.
I will leave it there, and hope to do other articles on this. We must look at ALL privatized systems, like federal prisons in the US, and our healthcare insurance, and so on. They are working on education and infrastructure now, and they do have a LONG LIST after that as they try to run everything.
Here in the US, we have many dozens of defense (should be called OFFENSE) companies, and they are FOR PROFIT. All of these for profit system want to be used MORE in order to bill the government more. Can you see the problem with that? And having such companies on the stock market, and people can INVEST in them? And having media owned by rich people who would ALSO like more of that money, and tell us stories about why we should be having constant and even MULTIPLE wars?
Many of these privatized systems even charge user fees to perpetuate the charade that they are being 'run like a business'. And perhaps those fees are also a symptom that the greedy are pathologically greedy, and must try to get every dollar they can take, by any means. Our federal prisoners now must pay for things like socks, phone calls, and other things. Disgraceful.
I will leave it there, and hope to do other articles on this. We must look at ALL privatized systems, like federal prisons in the US, and our healthcare insurance, and so on. They are working on education and infrastructure now, and they do have a LONG LIST after that as they try to run everything.
* Due to the timing and knowing that our greedy were intent on pushing their privatization scam everywhere, I suspect that Gough Whitlam had said 'no' to such corruption. He was ousted just months after his national health program for Australia was implemented, and he had already blocked plans for drilling for oil on the Great Barrier Reef, as well as championed many other very progressive policies and programs. Doing things for the good of all and for the environment obviously interfered with the plans of the pathologically greedy who have no concern for humanity or environment in their pursuit of their next 'money fix'.
