LNP says it will sell rail, water and power-Newman wants a mandate at election

How financial terrorists are stealing from us via asset sales ie deregulated power and water

 Max Keiser video exposes ….

or here http://maxkeiser.com/tag/keiser-report/

Gillard Government Rubber StampStacey Herbert: Houston consumers were supposed to get lower electricity rates from deregulation instead Max, they pay some of the nations highest prices, partly because of bonds Goldman Sachs Group recently sold for a local utility. (the utility became a paper asset represented by bonds) The Wall Street bank marketed $1.7billion of securities for Houston-based Centerpoint Energy they sold a triple-A utility like a B-aaa deal.

Max Keiser: They are taking utilities, which for the longest time were regulated as a way of keeping to keep the cost of business cheap. Look, the Chamber of Commerce in America would want the cost of energy for a utility to be as cheap as possible to keep business growing. But allowing the deregulated financial terrorists from Wall Street to come in an deregulate the energy business now means the cost of energy is going to skyrocket. This is why the United States (AND QUEENSLAND) is being bled like a stuffed pig just like Greece is.

Bloomberg news service: The sale by Goldman Sachs in Texas showed how deregulation backfired, driving up costs for those promised savings. Texans paid some of the lowest rates in the country before the changes, according to the US Energy Administration. Now they pay the fifth highest electricity prices. The shift towards competition has also misfires in other states including California.

About Editor, cairnsnews

One of the few patriots left who understands the system and how it has been totally subverted under every citizen's nose. If we can help to turn it around we will, otherwise our children will have nothing. Our investigations show there is no 'government' of the people for the people of Australia. The removal of the Crown from Australian Parliaments, followed by the incorporation of Parliaments aided by the Australia Act 1987 has left us with corporate government with policies not laws, that apply only to members of political parties and the public service. There is no law, other than the Common Law. This fact will be borne out in the near future as numerous legal challenges in place now, come to a head soon.

Posted on March 4, 2012, in corruption, Federal Politics, international, Labor Party, Liberal National Party, Queensland Politics and tagged , , , , , , . Bookmark the permalink. Leave a comment.

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