General Discussion

Panich52

(5,829 posts) Thu Jan 29, 2015, 02:35 PM Jan 2015

WH pushes public-private partnership f/ infrastructure investment

"The administration's idea is to combine some of the most attractive features of public-private partnerships with those of wholly public projects. Local governments would get a private equity partner willing to share the risk of a project, while the private sector would get access to low-interest loans. The program would require congressional approval, and some observers think it may have a good chance among lawmakers … because receipts from the federal excise tax on motor fuel have been inadequate.”

More:
http://caf.salsalabs.com/dia/track.jsp?v=2&c=XI9YWhN5qXVhsYBZ9R5PknDy1whHu3vW

6 replies

= new reply since forum marked as read

Highlight:

WH pushes public-private partnership f/ infrastructure investment (Original Post) Panich52 Jan 2015 OP

Oh, goody!! Privatization! Wow, the corporations have really got their game going! djean111 Jan 2015 #1

True, but it's probably the only way any work will ever get done on infrastructure Erich Bloodaxe BSN Jan 2015 #2

What scares me is that Obama still has two more years of doing everything he always djean111 Jan 2015 #3

deliver the goods to the privatiZation mob. oh goody nt msongs Jan 2015 #5

Just tax the fuckers. Gormy Cuss Jan 2015 #4

Obama has way too much Rahm Emanuel in him. ananda Jan 2015 #6

djean111

(14,255 posts)

1. Oh, goody!! Privatization! Wow, the corporations have really got their game going!

Reply to Panich52 (Original post)

Thu Jan 29, 2015, 02:40 PM

Jan 2015

Most likely any losses, as usual, will be socialized, and the profits will be privatized.

Erich Bloodaxe BSN

(14,733 posts)

2. True, but it's probably the only way any work will ever get done on infrastructure

Reply to djean111 (Reply #1)

Thu Jan 29, 2015, 02:43 PM

Jan 2015

under a Republican-controlled Congress. They'll then get the political credit for having done much-needed infrastructure repairs while the public gets higher costs.