This is interesting: Gutfreund did violence to the Wall Street social order — and got himself dubbed the King of Wall Street — when in 1981 he turned Salomon Brothers from a private partnership into Wall Street’s first public corporation, a decision that can now be seen as the first
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TimWorstall on 21st Mar 2010 (via timworstall.com)
Arnie has signed an executive order as Governor of California, that to balance the budget, thousands of public servants need to be laid off. So far this has been met with a blank refusal to implement the order. We would not do that here, HMG as the true responsible trustee of public funds will just go and borrow more to keep the public sector running at full tilt whilst the private sector just wil...
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LookingForAVoice on 1st Aug 2008 (via lookingforavoice.blogspot.com)
The Association of Directors of Adult Social Services (ADASS) and Northgate Public Services have signed a new three-year innovation partnership aimed at promoting and encouraging information exchange between the public and private sectors to deliver positive social care outcomes.
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PublicTechnology on 23rd May 2009 (via publictechnology.net)
John McCallister MLA, Ulster Unionist Party Spokesperson for Health Social Services and Public Safety has congratulated the Minister for Health Social Services and Public Safety, Michael McGimpsey, as the Health and Social Care (Reform) Bill reached its final stage in the Assembly today. Mr. McCallister believes that the Bill is the most significant piece of legislation to pass through the Assembl...
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UlsterUnionists on 12th Jan 2009 (via uup.org)
Social Services are having a well-deserved bad week. We now have a whole new light in which to view their highly organised kidnap of children from Old Labour homes in order to place them, via Family Courts whose secrecy is incompatible with the rule of law, in New Labour homes. And the old line from Yes, Minister that social problems increase in order to occupy the time of the number of social wor...
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DavidLindsay on 13th Nov 2008 (via davidaslindsay.blogspot.com)
The endless rows over “cuts” at a time when public spending continues to rise in cash terms highlights yet again the totally different approach to public service by the private and public sectors. In 2008-9 many private sector companies faced declines in their revenue of
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JohnRedwood on 9th Jul 2010 (via johnredwoodsdiary.com)
At a time when public finances are overstretched, the arrival of private players will shift most of the cost of expanding the number of university places from the public to the private sector
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FT on 19th Aug 2010 (via ft.com)
(Note - I am not 'The Devil's Kitchen') In 1936, Gaetano Salvemini wrote of Italian fascist economic theory that "the State pays for the blunders of private enterprise... Profit is private and individual. Loss is public and social." I can't think of a better description of Hank Paulson's Great Dead Cat Bounce Gambit. Liberty is dead.
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TheDevilsKitchen on 22nd Sep 2008 (via devilskitchen.me.uk)