One of the newsletters that I use as an excellent predictor of what the Tapeworm will do next (in the rah-rah Tapeworm mode) says that state and local governments are going to plug their deficits with privatizations.
This will unveil the next success of the housing and consumer pump and dump. First you bankrupt and drain local governments by selling them fraudulent paper. Then they have to sell you their most valuable assets at below market prices. That’s good because you need more subsidy to keep your uneconomic game going.
Wow, is this a money maker or what?
Guess what the opportunity is? Redirect our state and local pension funds to finance us to privatize our own assets under our control. Let the Tapeworm finance us….
