Govt using private sector money to fund public works

. Recession management used to mean creating public sector works
. To offset slowdown in the private sector.
. As far as the broad indicator of economic activity is concern, GDP
. If there is Budget surplus to draw from, fine, if not
. Government issues Govt IOUs to fund the public projects
. However now that the govt neither has Budget surplus nor can borrow some more
. Without consequences,
. It has to resort to using their "power" to "bully" Private Pension funds
. To fund the projects.
. Thus the term P.P.P
. Private public partnerships.
. Govt using private sector money to fund public works.
. So it's not the death of liquidity but re-channeling traditional and conventional
Fund flow.
. Question, Can Private Sector Funds be persuaded to fund public sector work ?
. The banks were the primary victim during 2008 GFC
. But now the Govts are in peril, the same govt that bail out the banks.
. So now the recapitalized banks come to the Govt rescue ?
. Sort of, with Other People's Money (Pension funds)
. While they earn fat fees
. Yes Please continue to Occupy Wall Street !!

http://www.economicvoice.com/uk-plans-to-loot-50bn-from-private-pension-funds/50025676#axzz1dkEOayxm