October 21, 2013

6 Reasons Privatization Often Ends in Disaster | Alternet

6 Reasons Privatization Often Ends in Disaster | Alternet
"But the privatizers keep encroaching on the public sector. Our government reimburses the CEOs of private contractors at a rate approximately double what we pay the President. Overall, we pay the corporate bosses over $7 billion a year.
Many Americans don't realize that the privatization of Social Security and Medicare would transfer much of our money to yet another group of CEOs."