5.26.2023

Politicians, morality and tax money part 5

For full transparency, I am politically very far from the Swedish Social Democrats and socialism.

The Left party which was a "silent partner" of the ruling government which in 2016 allowed Samhallsbyggnadsbolaget i Norden (SBB) to buy several government buildings with borrowed money has now expressed its opinion regarding the SBB deal.

The Left Party believes that SBB, which owns around 750 properties for public activities, should not end up with owners harmful to security policy. Therefore, they will request an extra debate in the Parliament and submit a committee initiative with the aim of returning these properties to public property.

In retrospect and the SBB stock in free fall, they claim that SBB's business idea was unhealthy for all parties involved from the beginning.

It would have been better if they had prevented the deal in 2016 so that the former social democrat Ilija Batljan could not buy all these properties with borrowed money and thereby prevented a large number of gullible small savers from losing their money instead.


No comments:

Post a Comment

Why can't it just work?

We are still missing the dividends as of December 31, 2024 regarding BlackRock TCP Capital Corp. Common Shares (TCPC) in our endowment insur...