The recent announcement of Paul Ryan as Mitt Romney's running mate has got me thinking about exactly what privatization is and how best to relate that to what it means for the average person. The best analogy I can come up with that most everyone can relate to is, a casino.
Basically when you privatize a system, you put it into the hands of for-profit companies and hope that those for-profit companies will balance profit and services to benefit both their shareholders and the public these programs are designed to serve. The idea that a for-profit company will be so altruistic as to balance the profit margin and the services to the public is laughable. Were they to do that, the shareholders would run the CEO off in favor of someone whom they believe would maximize their dividends and the profits of the company.
What happens when you give large sums of money to the "Market" to manage? Will the market then be manipulated as long as one party is in office? In other words - "We'll (Republicans) continue to make money and keep the market artificially inflated as long as we hold the power within government. But once we lose power well, we'll throw it back down where it should have been and blame it on the Democrats. Sounds like a form of blackmail doesn't it?
Isn't that what the Republican did with the last Budget negotiation? Remember the Sequester? remember who gets the blame?
If you think this form of managing the money you earned and have paid into the government in the form of Income Tax, and Social Security tax on your personal income is a good idea, then by all means vote for Romney & Ryan. I, personally, do not want my tax dollars any more in the hands of for-profit companies than they already are.
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