Posted on 02/06/2008 4:25:10 AM PST by Man50D
New Jersey Gov. Jon Corzine, a Democrat, is proposing a variation of the "public-private partnerships," being implemented in other parts of the country and according to critics a danger to the sovereignty of the U.S., as a solution for the state's expected $3 billion budget deficit, the biggest after California and New York.
Under the typical PPP structure that has been supported by the Bush administration, through the U.S. Department of Transportation's Federal Highway Administration, projects such as the Trans-Texas Corridor highway, are under way. That new highway project is planned to be four football fields wide and run through Texas parallel to Interstate 35 from Laredo to the Oklahoma border.
It is being leased by foreign investors including Cintra, an infrastructure investment consortium in Spain that has made large payment to operate the highway and collect tolls on contracts written to last as long as a half century.
Critics' comments about such plans were typified by an attendee at a conference at which a Colorado "public-private partnership" plan was discussed.
"Under P3, the USA is up for sale," a conference attendee said. "Whatever the public now owns – roads, ports, waste management water systems, rail lines, public parking facilities, airports, even lotteries and sports stadiums – are up for grabs and the only requirement is that the foreigners have the cash."
Corzine's variation is that his public-private partnership would involve the creation of a New Jersey non-profit corporation that would issue bonds to raise the revenue to pay for a 75-year long-term lease on the highway.
The governor is calling the structure a "public benefit corporation," but whatever the name, he faced a hostile crowd at a recent town hall meeting on the issue.
(Excerpt) Read more at worldnetdaily.com ...
The unnamed conference attendee added, "Damn Ronald Reagan and the horse he rode in on."
The alternative is either bad roads or higher taxes- pick one.
As usual, paranoid conspiracist Jerome Corsi has no clue what he is talking about and takes the side of socialism.
In theory, this may be the only non-stupid thing Governor Corzine has done - although he will inevitably wreck any value it might have when he incompetently puts it into practice.
It’s all about the “foreigners.” With regard to that quote, I mean.
Emotions, easier than thinking.
Corsi is an advocate of socialism - he opposes every plan to monetize and privatize assets. Corsi "reports" are not reports at all, but paranoid screeds filled with half-baked propaganda against privatization.
Nationalization of assets is Chavez territory, not conservative territory.
I'll explain it as simply as I can: private ownership is the opposite of socialism. Corsi is speaking up against the private ownership of assets and in favor of government ownership of assets.
That's socialism.
I've listened to him on Conservative talk radio warn people of the attempt by Socialists to unite the U.S. under a one world order through the NAU, SPP etc... and the disastrous effects it would have on the country.
I am aware that Corsi likes to make stuff up about nonexistent conspiracies that gullible people enjoy hearing about, but that does not change the fact that he is campaigning against private ownership of assets.
Just like Hugo Chavez argues that government ownership of assets is necessary because private ownership of property will have disastrous effects on his country.
Corsi is an enemy of private ownership of assets and he is therefore a socialist - no matter what he likes to call himself.
Corsi can say whatever he wants about who the imaginary enemy is. The fact is that he is fighting against capitalists who purchase assets on the open market, not socialists. Corsi is an ally of those who want to keep assets in government hands.
What part of that very simple fact don't you understand?
I understand that people lie on the radio all the time, especially Jerome Corsi.
You are aware of nothing.
An assessment that means very little coming from a person whose mantra seems to be: "If somebody says something on the radio, it must be true!"
If you bothered to read the article you would realize Corsi didn't make up the town hall meeting where Corzine was pushing to sell out the Garden State Parkway with a NAFTA like plan
The movement in favor of monetizing and privatizing state-held assets in NJ predates the governorate of Jon Corzine.
I'm not sure what privatization of state assets has to do with NAFTA, since the sale of the GSP contract has nothing to do with negotiating trade agreements with either Mexico or Canada.
the fact Corsi highlighted the citizens disgust for such a plan.
Certain NJ citizens, who are socialists, oppose the plan to privatize assets. Other NJ citizens, like myself, who support free enterprise and capitalism and who oppose government waste see the rationality of monetizing these assets and are not disgusted at all.
He would have buried that fact if he was pushing a Socialist agenda.
His socialist agenda consists in the fact that he opposes private ownership of these assets. He's very up front about the fact that he opposes free enterprise with regard to public utilities.
The only conspiracy is the one in your head you have concocted about Corsi.
I am not alleging that Corsi is involved in a conspiracy.
I am pointing out that he is a socialist moron who opposes free enterprise because it means that - horror of horrors - foreign citizens might make an investment in US assets.
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