The Queen’s Speech yesterday was the usual non event, but as the rabid rabble of Marxists, Trotskyists, Stalinists, Maoists, Corporatists, and Butterkists lined up, sweaty toothed and with eyes bulging madly to denounce The Coalition government, other news published yesterday and reported in mainstream media today ought to have reminded us what an inept, idiotic, ideologically obsessed, intellectually bankrupt, reality challenged bunch of tossers constitute our only alternative to Cameron’s Coalition Of The Clueless.
In an exclusive, The Independent reported that with the economy under the stewardship of Brown The Clown and Ed (the very fat man that waters the workers beer)?Balls, Labour ministers helped private firms make quick killing from PFI, a scandal totally ignored by the left dominated media (with the exception of some valiant efforts by The Guardian’s George Monbiot to raise awareness of how PFI was just a fancy name for shovelling taxpayer’s money into the coffers of billionaire buddies of theose gobshites Blair, Brown and Mandelson.
Here’s just one of George Monbiot’s reports on the insanity of Labour’s PFI schemes, search ‘Monbiot pfi’ for plenty more. George explains in simple terms how this method of financing public expenditure is just legalised extortion.
And next time you hear some swivel eyed lefty raving about The Tories privatising the NHS, remember that the job may have been started by Margaret Thatcher’s conservative government, but it was carried on with extreme relish by the shits and hypocrites of Labour under the war criminal Tony Blair.
In spite of this latest report of Labour’s addiction to wealth and power however, there are still people out there who think the nation would be better off with these scum sucking scab lice back in power.
from The Independent:
Private contractors have pocketed hundreds of millions of pounds of profits in the past four years by exploiting deals that were controversially awarded to them by the last Labour government.
Companies that were awarded contracts to build and maintain state schools for 25 years have been doubling their money by flipping, or selling on, the Private Finance Initiative (PFIs) projects just four years after finishing them.
The chair of the Commons Public Accounts Committee, Margaret Hodge, described the huge profits as a total scandal and said it meant we have all been ripped off. The Independents findings shine a new light on how private companies have made fortunes in pure profit from the rising value of the schools and hospitals they have built value which critics say could have been retained by the taxpayer.
Four contractors alone made profits of more than £300m. Of the companies studied Balfour Beatty, Carillion, Interserve and Kier Balfour Beatty is by far the biggest beneficiary of the rising value of its Private Finance Initiative and Public Private Partnership deals. It alone has made profits of £188.9m.
Only this week, it flipped the University Hospital of North Durham and seven schools in Knowsley, near Liverpool, generating a gain of £51m. In the case of the schools, it doubled its money from the £19m investment made when the 27-year contracts were awarded in 2007 and 2011.
The Durham hospital, which was one of the first hospitals to be built under PFI-style private financing, was dogged with controversy about bed shortages and poor design when it opened.
Carillion has made £12.2m, Kier £20.7m and Interserve £90m, according to stock market filings and company documents.
Boggart Blog’s partner in crime (the crime of exposing establishment corruption and cronyism)have already reported on the sheer looniness of PFI schemes and how only Labour economists could think there was any befefit to the public in giving a private firm the money to build a new hospital and then renting that hospital from the private owners as a fully managed facility.
What is most upsetting however is that the shits and hypocrites of the Labour party assume we the punters are too stupid to see through their criminality.
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