Tuesday 24 February 2009

Part Privitisation of Post Office, Tories must vote against!

The proposal to part privatise the Royal Mail is not viable. The only thing it will do is give a cash injection into the pension fund, and not even enough to cover the defecit.
The idea that TNT owning 30% will bring in true efficiency is not realistic. TNT's own Mail side in the UK is not efficient, LA has visited its sites and seen very wasteful oprerations. Any implementation of efficiency will be impossible with this proposed set up as there will still be a union based around a virtual monopoly. This means they can hold a gun to the nations head.
The result will be reduced services, higher prices and an abuse of monopoly. The Taxpayer will also pick up the bill for the pension scheme.
This is bad for the customer, bad for the taxpayer and bad for the country.
Break up and privitisation of the network is the only way forward.
For this reason the opposition must vote against. In this case this would not be a token gesture, it would defeat the government.
However Cameron may not wish to wound Brown any further, after all he wants top be fighting unelectable Brown on election day, any vote loss in parliament could see the PM ousted and a new Labour leadership installed.

LA

PS. If the Government feels only external investment can bring in efficiency, why have Leighton and Crozier been paid such high bonuses.
Also lets not forget 10 years ago when RM was making money, Brown as Chancelor took the money and also reduced payments to the pension fund. We reap what he sowed.

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