21-03-2014, 09:02 AM
1
Royal Mail
I was shocked the other day about what the Government had done when they sold the Royal Mail to private investors.Not only had they put the share prices at about £2 per share lower than they could have they also sold in the price information.
They without permission sold all the 26million post codes in this Country and about 12million full addresses. This information was for everyone in this Country to look at if you needed to. Now its in private hands they could actually sell it to gain a profit. That would include your own post code.
(Zip codes in the USA) Since the sale the other month people who bought the shares have had a good bargain with the price a lot more than what they paid for the shares.
This Government has always been the same since they started selling off British Rail and things like the Gas and Electric companies.
21-03-2014, 10:07 AM
4
Re: Royal Mail
It isn't really just a tory problem though, to me it's a huge flaw in a capitalist society. We are encouraged to acquire and sell and money is king. Feeling a bit like there must be a better way but anything else I am told sounds too much like communism or a hippy dippy pipe dream
21-03-2014, 10:27 AM
5
Re: Royal Mail
They're going to sell off our Post Offices over here, everyone is signing a petition at the Post Office counters against it, for all the good it will do, once they make up their minds thats it these days, they can get away with anything they like, the spirit of the people is well and truly broken, no backbone left to fight with.
21-03-2014, 10:27 AM
6
Re: Royal Mail
I abhor the selling off of the family silver for short term gain, but it amuses me how everything is always laid at the feet of the conservatives. Labour were just as bad for this as I remember, just a couple of incidences amongst many huge financial gaffes were that Brown sold our gold reserves at the bottom of the market and our massive technology companies such as Qinetec were sold off for peanuts without even placing the shares on the open market.I would argue that this isn't so much a Tory problem as much as a naivety problem, with ministers in all governments being placed in charge of huge financial budgets in departments of which they know nothing, have no expertise in and then run them for their own political bias rather than for the good of the nation. Like lunatics in charge of the asylum...
21-03-2014, 10:36 AM
7
Re: Royal Mail
Originally Posted by Jem
->
They're going to sell off our Post Offices over here, everyone is signing a petition at the Post Office counters against it, for all the good it will do, once they make up their minds thats it these days, they can get away with anything they like, the spirit of the people is well and truly broken, no backbone left to fight with.
21-03-2014, 10:40 AM
8
Re: Royal Mail
Originally Posted by plantman
->
I abhor the selling off of the family silver for short term gain, but it amuses me how everything is always laid at the feet of the conservatives. Labour were just as bad for this as I remember, just a couple of incidences amongst many huge financial gaffes were that Brown sold our gold reserves at the bottom of the market and our massive technology companies such as Qinetec were sold off for peanuts without even placing the shares on the open market. I would argue that this isn't so much a Tory problem as much as a naivety problem, with ministers in all governments being placed in charge of huge financial budgets in departments of which they know nothing, have no expertise in and then run them for their own political bias rather than for the good of the nation. Like lunatics in charge of the asylum...
Of course its a Tory (phth, phth, phth) problem Barry - look what that bitch did!!! - sold off Telecoms, British Airways, Water, Gas & Electricity and was in the process of selling off the Railways when her own back-bench revolted against her and slung her out of office. Major merely completed the task that she started.
21-03-2014, 10:43 AM
9
Re: Royal Mail
Of course Labour have never sold anything off http://www.theguardian.com/politics/...lic-asset-sale
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