Thursday, October 02, 2008

Tomgram: Snitow and Kaufman, Water Wars in America


Are the Utility Workers With Us?

Another Dear Reader writes:

Hi, Mike: This is an issue that Kansans need to start getting informed about, and making sure that local & state officials and congressional representatives get clear on the historical background and what's at stake. This week may not be the most opportune moment, given what's taken full attention in the news. But Kansas needs to be getting ready for what's coming down the pike on privatization of vital public utilities in favor of the kinds of corporate interests that shook down California via the electrical grid and are on the verge of shaking down the public at large in the current bailout. These vampires would privatize the air if they could find a technologically feasible way to pull it off. ... - a longtime Flyer reader.

This is a very timely post to expose just how far these pigs are ahead of the people when it comes to financial pillaging of not just our savings, but our natural resources. [excerpt] "... In the last few years, the world's largest financial institutions and pension funds, from Goldman Sachs to Australia's Macquarie Bank, have figured out that old, trustworthy utilities and infrastructure could become reliable cash cows -- supporting the financial system's speculative junk derivatives with the real concrete of highways, water utilities, airports, harbors, and transit systems. ..."
Read more of the Water Wars in America at Tom's Dispatch.

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