Send a Tweet
Most Popular Choices
Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
OpEdNews Op Eds

Time To Privatize Bridges? Or Time to protect America from Privatizers with Federal Regulations?

By   Follow Me on Twitter     Message Rob Kall       (Page 1 of 1 pages)     Permalink    (# of views)   12 comments


Add to My Group(s)

View Ratings | Rate It

opednews.com

Become a Fan
  (304 fans)
- Advertisement -

One of the biggest items on the transnational corporate, globalist right wing agenda is privatization. In the third world, they aim for privatizing water, oil, energy... and if they could, they'd sell the right to air. Just imagine putting up millions of people in public housing-- privatized, of course, and offering clean, cool air from metered vents or polluted, muggy, hot, unfiltered air-- as in open windows.

So, it is no surprise that the Wall Street Journal, on it's extremist, wild and crazy editorial page, defends the idea of privatizing bridges(subscription required to read full article.) They cite a handful of examples of how mayors or governors have cut deals, usually with foreign companies, to sell rights, usually for 50-75 years, to run roads. They argue that corporations are better are projecting growth in use of the roads, or bridges or tunnels... But you have to wonder. When those urban or state bureaucrats make their lowball estimates, are they doing so with a job offer in their pocket?

If a city official estimates that growth of uitilation of a road will be one percent, and it's really three or four or five percent, then, when the government negotiates with the privatizing company, the government owned asset being negotiated could very well be "sold" in this long term lease arrangement, which usually involves a up-front incentive payment, for a tiny portion of what the asset is really worth. For example, if a stretch of toll road, currently netting, say $100 million a year is projected, but some low-paid city planner to grow one percent a year, while the reality is it will increase two, three, even five or more percent, the increased profit for the corporation and loss for the municipality or state is huge, and it goes on for a very, very long time.

Now, it is very likely that this kind of privatization WILL continue to develop, though I oppose it. If it is going to happen, there should be some caveats.

- Advertisement -

1-Estimates of growth and revenues should be at least triple sourced from independent experts.

2- re-assessment of growth rates of utilization. If profits are much higher, then a percentage of the profits go to the government, or the lease is shortened proportionately.

3- Just as bidding on government jobs requires multiple bidders, bidding for these long term privatization leases should absolutely be required. And there should be no rush- at least a one year notice. . These are very long term leases.

- Advertisement -

4- There should be a federal law that prohibits government employees, including legislators, mayors, governors, etc. from taking employment or consultant work, directly or through third or fourth party organizations associated with any privatization project they even look at while receiving a government paycheck. Since the monetary rewards can potentially be enormous, punishment for violation should not be fines, it should be time in jail.

It is very difficult to reverse privatization. When leaders attempt it, they are villified as communists, socialists, revolutionaries or criminals. Yet, so often, privatization IS criminal-- theft, fraud, blackmail, even involving or supporting murder, slavery, causes of unnecessary deaths and more. It's better to get this kind of thing right the first time.

Ideally, getting it right means funding government properly to take care of infrastructure. But if weak, invertebrate or corrupt leaders are going to sell off the American commons, we should at least set up rules that minimize the exploitation of the privatizers.

 

- Advertisement -

View Ratings | Rate It

opednews.com

Rob Kall is an award winning journalist, inventor, software architect, connector and visionary. His work and his writing have been featured in the New York Times, the Wall Street Journal, CNN, ABC, the HuffingtonPost, Success, Discover and other media. He's given talks and workshops to Fortune 500 execs and national medical and psychological organizations, and pioneered first-of-their-kind conferences in Positive Psychology, Brain Science and Story. He hosts some of the world's smartest, most interesting and powerful people on his Bottom Up Radio Show, and founded and publishes one of the top Google- ranked progressive news and opinion sites, OpEdNews.com

more detailed bio: 

Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind.  Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives  one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big)  to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project. 

Rob Kall Wikipedia Page

Rob Kall's Bottom Up Radio (more...)
 

Rob Kall Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

A Conspiracy Conspiracy Theory

Debunking Hillary's Specious Winning the Popular Vote Claim

Terrifying Video: "I Don't Need a Warrant, Ma'am, Under Federal Law"

Hillary's Disingenuous Claim That She's Won 2.5 Million More Votes is Bogus. Here's why

Ray McGovern Discusses Brutal Arrest at Secretary Clinton's Internet Freedom Speech

Cindy Sheehan Bugged in Denver