Joe Hockey has identified $130 billion of Australian Federal and State assets worth selling off. He claims it won’t be selling the family Jewels. Dee McLachlan asks Financial commentator, Greg Buck, to make some sense of the asset purchases and asset sales of governments. As we move into a world of Corporatocracy it seems all our essential services are being moved to global corporations and putting us back into a system of feudalism, and as Greg says: “the one hand of government is buying crap from the private sector, while the other arm of government is selling the good stuff”. And we will be paying the bills. Watch Part 2 (Who Benefits) and also revisit our segment on “Is Australia For Sale”
Part 2
Surely you didn’t say 130 billion? as in a hundred and thirty thousand million? OMG OMG.
Yes $130 billion. And I thought the potential sale of Graincorp for $3 B was scary. This seems like the garage sale of Australian assets. Australian’s children’s children who haven’t been born yet could be inheriting a ‘rental space’ in Australia-corp.