Spain to privatize lottery

Comment #5

sully16 — Thu, 26 May 2011 13:03:55 GMT

Couldn't agree more, when people have the right to make their own choices, good or bad, they will prosper.

Because even when you make a mistake, if you learn from it, it makes you smarter.

Comment #4

rdgrnr — Thu, 26 May 2011 03:09:44 GMT

Whenever government gets involved in the private sector it always turns into a nightmare. That's what Europe and the world have found out the hard way. Socialism just doesn't work in a practical sense or any other sense. It's a disaster.

But our leader wants to give it another chance even if it destroys us - which it would.

Bureaucrats just love to stick their nose in where it doesn't belong and tell educated and experienced people how to run their businesses when they themselves have no... [ More ]

Comment #3

pumpi76 — Thu, 26 May 2011 02:47:22 GMT

How about this if they havent tried it already...This is also for the USA government...About Privatizing a company, just trying to help...Lets say a company costs: $5 Billion you sell it for $8 Billion to the company whose buying it but you dont sell it entirely instead you lease it to the private company for 1 or 2 of decades or whatever the period....You then take: $3 Billion from the 8 Billion and you buy STAKES/SHARES IN THE COMPANY after it became privatized that way the government might ma... [ More ]

Comment #2

rdgrnr — Tue, 24 May 2011 13:54:07 GMT

And here, our guy wants to give socialism one more chance after it's failed everywhere else.

He's so gutsy

Comment #1

jarasan — Tue, 24 May 2011 12:00:27 GMT

The socialists are going for the capitalists' evil plan of making mo' money.

Zapatero is going bye-bye soon. The popular party made massive gains (the Popular party in Spain are the conservatives (repubs)) they are getting with the program like the rest of Europe and getting rid of the cancerous socialists.

Spain to privatize lottery

Lottery Post — Tue, 24 May 2011 11:03:42 GMT

The Spanish government is close to selecting three advisers to help it sell shares in national lottery Sociedad Estatal de Loter as y Apuestas del Estado SA that could raise as much as $10.62 billion.

The choice of strategic, financial and legal advisers could be announced as soon as Tuesday, Aurelio Mart nez, chairman of Loter as y Apuestas del Estado, said in an interview. The mandates are considered prestigious for consulting firms, investment banks and law firms, even if the fees involved... [ More ]