Skip to comments.Was America Sold?
Posted on 07/26/2011 5:59:41 PM PDT by foundedonpurpose
In 1992, George H.W. Bush signed Executive Order 12803, which gave D.C. the authority to sell Americas infrastructure. They called this authority Infrastructure Privatization. E.O. 12803 tells us this power cleared the way for the disposition or transfer of an infrastructure asset such as by sale or by long-term lease from a State or local government to a private party.
E.O. 12803 also lists examples of Americas saleable and/or lease-able infrastructure:
Roads Tunnels Bridges Electricity supply facilities Mass transit Rail transportation Airports Ports Waterways Recycling/wastewater treatment facilities Solid waste disposal facilities Hospitals Prisons Schools Housing
(Excerpt) Read more at hccchamber.org ...
Not only that, but the FED helped create the credit facilities to loan the money, at favorable rates, to buy these assets.
I knew he was evil.
In 1912, Argentina was more prosperous than U.S. Sadly, no one paid attention. Demise of Argentina is a blueprint how it’s done.
My recommendation to fellow Freepers: watch the movie with a pencil in your hand. It could be the wisest investment of two hours of your life.
Actually, historically it was the case that almost EVERYTHING was viewed as “private” sector. In the late 1700s all the way to the early 1800s, ALL bridges, roads, and other “infrastructure” were privately built and owned. The government had virtually no property that it did not consider “on the market.” Indeed, Jefferson’s goal was to move all property into the private sector as quickly as possible, hence the Land Ordinance of 1785 based on his ideas. The notion that “gubment” should build and own “infrastructure” is a post Civil War concept, although an early form began with the “public-private” cooperation to build canals, then railroads.