British New Labour is on life support

America Blog  Feb 24 09

Who would have guessed that it's a Labour Party minister scaring the postal union into accepting full privatization or else they lose everything? From the conservatives, of course, but from the left? Peter Mandelson is the minister who lost his temper because the Starbucks CEO properly recognized that Europe is in trouble and the UK is the worst off of the bunch. Privatization of trains and the subway in the UK has been a failure - unless you like high prices and shoddy service - so it's a mystery why anyone wants to promote even more of it. It's also interesting to see that banks are going in the opposite direction under New Labour. Full story...

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