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- msaleem, on 12/27/2008, -3/+67In these trouble times, the first things to go are luxuries...errm correction, we're gonna keep the luxuries, just get rid of any public services.
- Xanrez, on 12/27/2008, -0/+40Get your own piece of America! Now going to the highest bidder!
- inactive, on 12/27/2008, -5/+37don't trade anything belonging to the "people" for "federal reserve note's"
- YodaJones, on 12/28/2008, -0/+26We should all pitch in and buy land to make a new country.
- WARP10ENGAGE, on 12/28/2008, -0/+24Didn't China want to buy the state of California just a few years ago? Now is the time!
- nwoantibody, on 12/28/2008, -1/+21Welcome to the third world.
- GovernmentsGun, on 12/28/2008, -1/+19Imagine that, states having to remain financially solvent... and having to be run like a business... hrm...
- doublefelix, on 12/28/2008, -0/+18With my luck my piece will probably land on Reading, Pennsylvania, B&O, and the Short Line.
- TheLD, on 12/28/2008, -4/+20Privatising any service will not be beneficial in the long run. That is what messed the UK up.
- BlueAyez, on 12/28/2008, -0/+16Socialization of public property for private financial gain. It's the new American way.
- 1longtime, on 12/28/2008, -0/+16The selling of public parks is happening everywhere. See below:
Save Otter Creek! Only three more days to ride the best mountain biking trails near Louisville, KY. The City of Louisville (with the population of about a million people) apparently can't be bothered with maintaining the park and is selling it away to a neighboring county for use as an industrial park on Jan 1, 2009. If you are from the area, please petition. Also, join the Facebook group called "Save Otter Creek."
http://stateofthecommonwealth.wordpress.com/2008/1 ... - Stonekeeper, on 12/28/2008, -1/+15I've always thought that the recession was essentially engineered for a land grab.
- hansolo, on 12/28/2008, -0/+14Shouldn't they look at their budget first and figure out why they are so cash-strapped in the first place?
Selling off these assets will not solve problems in the long-run. What if they get cash-strapped again (which they will) and have nothing else to sell? - ekSD, on 12/28/2008, -0/+14Sounds like a corporation trying to sell off its assets.
- BlueAyez, on 12/28/2008, -2/+15Why buy it when you can just move here and take it over?
- zeuslgn, on 12/28/2008, -0/+13READ: Bureaucrats succeed in being unaccountable, prepare to sell public assets to remain that way
- inactive, on 12/28/2008, -0/+13Well it is imminent that'll someday be eminent.
- MyNameIsJoe, on 12/28/2008, -2/+14I'll agree with not selling roads, but I don't think Minnesota selling it's golf resort would be a bad thing.
- Mujokan, on 12/28/2008, -0/+11*eminent, just for the record.
- zeuslgn, on 12/28/2008, -0/+10Maybe if government were run more like a business and actually answerable to its shareholders, they wouldn't be in the trouble they're in. This is what happens when you can simply use force to steal from others (taxes) to fund your endeavors and not be accountable for getting a return on investment. What? The latest educational program didn't work and students are dumber than ever? Let's double that failed program's budget rather than eliminating the god awful waste!
- SatoriSeeker, on 12/28/2008, -0/+9If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations that will grow up around them will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
-Thomas Jefferson
The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating.
-Thomas Jefferson - zeuslgn, on 12/28/2008, -5/+13Yes, because letting the government handle it has worked so well.
- acknotSW, on 12/28/2008, -2/+10Yea, the fed should try that some time.
- Maddoktor2, on 12/28/2008, -1/+8They can't - Mexico beat them to it.
*ducks* - cddict1, on 12/28/2008, -1/+8Africa can be a good option to start,
- BlueAyez, on 12/28/2008, -1/+7that's the problem. Government is running America like a business. If they privatize public assets, those companies can ask for a bail out too. It's the new American way.
- JAWS, on 12/28/2008, -4/+10Government shouldn't be in the business of business. Unless there are legitimate concerns for the welfare and/or well-being of the citizens due to a service/industry then the state (read: government body of any kind - from municipal right through to federal) shouldn't own it. Period.
- inactive, on 12/28/2008, -2/+8the problem in ny is that if you raise the taxes on the rich, they'll just move to new jersey, so ***** like this is the only solution
- nofrickenway, on 12/28/2008, -1/+7I hate tax and spend as much as the next guy, but no-one is going to buy these things unless they believe they can make money off of them. This translates into higher costs for anyone using them, and as such, you may as well just raise the taxes of everyone a little instead of allowing gouging for infrastructure (I mainly speak of roadways).
It is a total loss, it's not that any one thing is necessarily costing too much, otherwise they could and should just unload that (except roads). - DarthPoo, on 12/28/2008, -0/+6That sucks. I used to ride at Otter Creek every weekend.
- magamiako, on 12/28/2008, -0/+5COMING SOON! YOSEMITE HOMES!
- j0hn33y, on 12/28/2008, -0/+5Once its gone you can never get it back.
- evilpolitians, on 12/28/2008, -1/+6This is a slippery slope. On the other hand, take the money and wait for the buyer to go bankrupt. Or claim imminent domain and just take it back.
- cowsgonemadd3, on 12/28/2008, -1/+6It is the Louisiana purchase all over again!
- LJSeinfeld, on 12/28/2008, -0/+5You'd think California would remember how bad it hurt when their electricity was being controlled by private interest.... It would really suck when the Enron of the water supply moved all the H20 out of California to create an artificial shortage....
- hugolp, on 12/28/2008, -0/+5Because you have a lot of control of the goverment, right?
- FountainDew, on 12/28/2008, -1/+5Uh, as a non-US resident this news is actually frightening. From my experience in life, anytime something bad happened in the US, it was always a precursor for something just as bad happening here. I'm not prepared to let corporations own the public roads I drive to work on... This blows!
- morepowerr, on 12/28/2008, -0/+4And the great thing is most states have the right to take you property with out coses. And turn right around and sell it to who ever they wish.
- throop77, on 12/28/2008, -2/+6No villain? Are you ***** joking? Wallstreet investment bankers are now called "financial engineers" due to the ridiculously complicated financial instruments they create. *sigh*... I'm not going to type any more, you are blind.
- flygirl62, on 12/28/2008, -1/+5Gee, counties will have to buy their own stuff. Now if only the federal government would do the same and stay out of state, county and city issues... then they could CUT taxes and/or balance the budget.
It always struck me as incredibly stupid for the federal government to take money from the people in the states and then give lots of it back to the states. The transfer has a lot of costs in overhead and administration. Why not just let them keep it in the first place? - FountainDew, on 12/28/2008, -0/+4'restructuring' their plan is asking public figures to step down at what they do worse and relieve themselves of duty... That pays six figures. As if that'll happen... *tries to hold back laughter*
- adml_shake, on 12/28/2008, -1/+5The title is slightly misleading. So far no states have sold them, they lease them out for a certain length of time. My state did this about 2 years ago with our Toll road, to much argument from a lot of people here. But I do have to say since the other company took over the highway has seen many improvements that would never have gotten done because of government BS and red tape.
- LJSeinfeld, on 12/28/2008, -0/+4I expect the government to maintain the infrastructure; this is what I pay them for.
Things like defense, electricity, oil, communications, roads, etc. are essential to peoples livelihoods and security (both personal and national), and I think the government should be making sure they are available to the citizens.
There is no excuse for government not being able to run a given endeavor to, at-least, a break-even point. If they can't, we need to fix that problem for the long-term viability of the system as a whole. Selling parts of things that are owned essentially by the people to private business is a bad idea.
We need to demand performance from our elected and appointed officials. If they can't cut it, they need to go away.
I don't want to drive to work on the Wal-Mart Turnpike. - cdaitch, on 12/28/2008, -0/+4When will I have to recite the pledge of allegiance to the United States of Saudi Arabia? Seems like with their aggressive acquisition of toll roads, that day is coming soon. :-(
- novenator, on 12/28/2008, -1/+4When the rail network in the UK became private, costs shot up, schedules became confusing, and rail coverage went way down. This was indeed messed up and quite the mistake
- novenator, on 12/28/2008, -1/+4in the 80s, public lands and county parks all over the country were sold off to build private golf courses. The result was that instead of families being able to enjoy outdoor green space for free, only the affluent could access them.
- SatoriSeeker, on 12/28/2008, -1/+4Central banking and debt-based fiat monetary system that allows the government to steal your money after you've earned it rather than being upfront about it and taxing you for it, like the gov used to have to do prior to the Federal Reserve Act. The Federal Reserve is the 4th central bank of the United States and reason we killed the previous 3 is the same reason we need to kill the current one.
R.I.P. Andrew Jackson - hugolp, on 12/28/2008, -2/+5Privatising is not the problem. FIAT currency is the problem. You are watching and critizicing the consequences wihtout thinking on what the real problem is.
- Mujokan, on 12/28/2008, -1/+4Someone at the state government level had to decide to trust what they were saying and shift to riskier investments in the hope of getting better returns.
- novenator, on 12/28/2008, -1/+4Minnesota republican Gov. Tim Pawlenty cut off local assistance to counties as a cost cutting measure. The result: county and rural budgets had budget shortfalls and property taxes went up on everyone.
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