[calcowgirl]

There is growing concern regarding the infrastructure of the United States being sold to foreign countries. Chicago became the first U.S. government entity to lease a toll-way to private investors. Last year, the city negotiated a deal with a 99-year contract on the 7.8 mile Chicago Skyway, with a Spanish-Australian group for $1.83 billion.

AB1467 was recently passed allowing for 4 new toll-road projects in California. While the voters get to vote on the $37 Billion worth of Bond proposals, they won't get to vote on the privatization factor, which makes the entire plan equal to $116 Billion. News reports said the Australian groups have already shown interest.

[hedgetrimmer]

Here is what EO 12803 says:

“infrastructure asset” means any asset financed in whole or in part by the Federal Government and needed for the functioning of the economy.

Quite a few posters here would allow Australia, Spain, China, whoever, authority to purchase and hold for their own profit tax payer funded properties needed for our economy to function. Since we are engaged in an open ended War on Terror, this seems a bit foolish, doen't it? Notice that an executive order was issued rather than legislation proposed in Congress, cutting out the ability of the people to respond to this action before it was taken. I would like to know who actually wrote the EO.