I see the government are taking Northern Rock into "temporary public ownership" without even once mentioning the word nationalization.
Funny how that has become a dirty word to a Labour government.
Looking at that other great triumph of capitalist ideology over common sense, the Tories privatization of the Railways, how come German State Railways are buying up the Chiltern Line?, seems a bit mad to me that a foreign state rail operator is picking up one of the franchised rail lines, not to mention Ken Livingstone turning Silverlink into the London Overground.
Still the German Post Office is busy buying up parcel companies all over the world, it claims with its own profits not public subsidy, but hey don't that cash really belong to the German people?












