Privatisation with destroy the postal service

[TrueBlueTerrier]

http://www.eastbourneherald.co.uk/news/ ... -1-5574581" onclick="window.open(this.href);return false;

I am writing to express my concern and disgust at this Tory led government’s actions in privatising Royal Mail.

This is an act of vandalism that will destroy a functioning service, already owned by the people and will ultimately destroy the universal service and abandon people living in the countryside and other isolated areas.

It is also an attack on small business. This shows that the government are committed to undermining the fabric of British Society.

The arguments that have been put forward for privatisation are vacuous, economically illiterate and serve no purpose other than enriching Hedge Funds and other City spivs.

As with all privatisations, the majority of shares will end up being held by overseas investors and the real incentive is to asset strip the property holding of RM , not to provide a service.

It will also destroy the terms and conditions of the current and future workforce.

Any analysis of the model that has been used to privatise the Dutch Postal Service in the Netherlands will show the problems that will be faced after RM privatisation.

It has now been concluded that the governments share pricing is well below the valuation of the business. The government has already skewed the market by guaranteeing purchasers a dividend. Again, the only people who will make substantial gains from this privatisation will be in the City and this will be judged when the shares are floated on the stock market.

The people who will lose are the British public.

PHIL MILLS.

Fairlawns Drive,

Herstmonceux

[Lounge Lizard]

Stable door, horse, bolted.

[barbario]

The quote of the week from Vince Cable is " i am very relaxed about it ".Absolutely unbelievable .

[Godric]

The quote of the week from Vince Cable is " i am very relaxed about it ".Absolutely unbelievable .

that's because he doesn't have to work for a living .... he is minted whilst his idea of working is sitting on his arse whilst talking a load of sh!te in the house of parliament

[k979aaa]

Vince Cable the lord of fable and fallacy and fortune!

[mickeymacca]

The quote of the week from Vince Cable is " i am very relaxed about it ".Absolutely unbelievable .

another beauty from Vincenzo: On being asked whether the over-subscription and high demand for share applications proved that the price of the shares was set too low Vince answered that:

it proved it was not valued too high

[k979aaa]

The quote of the week from Vince Cable is " i am very relaxed about it ".Absolutely unbelievable .

another beauty from Vincenzo: On being asked whether the over-subscription and high demand for share applications proved that the price of the shares was set too low Vince answered that:

it proved it was not valued too high

Just like his intellect not bright not dim just dull.