Bord Gais to sell off energy unit ‘in coming weeks’.
We are not citizens anymore, we are a new breed “the spineless ones” – we have become no more than conduit assets of the banking system.
Once this asset is sold off get ready for ever more expensive utility charges…and the government of the day will hide behind “it is a private company,it was a commercial decision.”
Just look across the water to the UK and observe how the sale of Britain’s energy companies worked out, not too good me thinks. Massive price increases whilst the companies post record profits.
Selling off key State assets to foreign owned companies will do no favour for this country in the long term!!
Just look at Telecom Éireann (now eircom) The company has struggled with international players buying it, stripping off key assets for short term gain, then piling the debt used to acquire eircom on top of the company and selling it on again!
Bord Gais Energy remains on track to become the first state asset to be auctioned off under the ‘New Era‘ privatisation scheme to be followed by the rest of the family jewels
In this clip from the news network Russia Today, the American economist Max Keiser (sound familiar?) lambasts Michael Noonan calling him a “social misfit” and saying that he should be removed from office immediately. Would you agree?
The clip was actually recorded back in November, but Max’s feelings towards the Minister for Finance are surely being felt by the rest of country, especially since last week’s Budget.
Now, while you might not agree with everything Max has to say, he certainly raises some good points. Make sure to have a listen if you’re heading home on the bus and let us know what you think of what Max has to say.