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This is a question Lies that went on too long

When you lie you often have to keep lying. Share your pain. When I was 15 I pretended to be 16 to help get a summer job. Then had to spend a summer with this nice shopkeeper asking me everyday if I was excited about getting my GCSE results. I felt like an utter shit. Thanks to MerseyMal for the suggestion.

(, Thu 8 Mar 2012, 21:57)
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Private Finance Initiative, anyone?

The abhorrent mess that is PFI should never have been started, let alone allowed to become the bloated industry that it now is.


It was started by the Tories under John Major, and enormously expanded under New Labour. The current mob have shown no particular inclination to get rid of it, which is extremely disappointing but not entirely unexpected.


PFI is predicated on a colossal fib: that private companies can borrow as cheaply as the government. This is of course nonsense, as anyone with an understanding of the principle of economies of scale can understand. Furthermore, PFI projects invariably require vast numbers of expensive lawyers, accountants, consultants and advisers, which push up the cost.

PFI has been a particularly good lie for politicians because it enables the true cost of the projects to be kept off balance sheet. Tony Blair and Gordon Brown enormously expanded the PFI programme, because it meant that they could rather cynically use the projects to gain votes, leaving the vastly inflated costs to be met by the taxpayer in the future.


It should be ended now, but I don't see Osbourne doing so anytime soon. In the meantime, your taxes will continue to be poured into the greedy mouths of PFI professionals.
(, Fri 9 Mar 2012, 13:36, 5 replies)
shut up, shut up, shut up.
also: take it to the guardian comment is free, fucko.
(, Fri 9 Mar 2012, 15:09, closed)

No thanks, if I want to experience tedious whingeing I just visit b3ta..
(, Fri 9 Mar 2012, 16:34, closed)
Sadly
the truest reply so far.

Also, I thought Janet was meant to be a dreadlocked trustafarian and therefore approve of this sort of stuff.
(, Sat 10 Mar 2012, 0:34, closed)
The only thing
Dreadlocked on Janet is her pubes
(, Mon 12 Mar 2012, 10:54, closed)
PFI actually assume that it costs private companies more to borrow
but that their greater efficiency means that they'll have to borrow so much less that the higher rates don't matter.

It's still a load of bollocks, of course.
(, Sat 10 Mar 2012, 23:00, closed)

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