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proverbialwisdom

(4,959 posts)
Thu Feb 5, 2015, 05:07 PM Feb 2015

Christie signs law greenlighting fast track sale of N.J. public water systems

Source: By Seth Augenstein | NJ Advance Media for NJ.com

on February 05, 2015 at 2:25 PM, updated February 05, 2015 at 3:15 PM

A controversial bill signed into law this afternoon by Gov. Chris Christie would allow for fast-tracking the privatization of many public water systems in New Jersey.

The Water Infrastructure Protection Act removes the public vote requirement to sell water systems throughout the state under emergency conditions that many systems currently meet.

The sponsors of the bill tout it as a way to get desperately-needed investment into water systems that have been neglected to the breaking point by government owners. The emergent conditions that would allow for a fast-track sale include the location of the system within a critical water area, and it being deficient in drinkability or pressure, among others.

Opponents warn that it is an attempt to turn private profits off public infrastructure at the expense of taxpayers -- who themselves will end up paying for the purchase prices with increased rates.


Read more: http://www.nj.com/politics/index.ssf/2015/02/christie_signs_law_greenlighting_sales_of_public_water_systems.html

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Christie signs law greenlighting fast track sale of N.J. public water systems (Original Post) proverbialwisdom Feb 2015 OP
well rtracey Feb 2015 #1
And they reelected the Democrats in the NJ legislature former9thward Feb 2015 #7
Yup rtracey Feb 2015 #10
Good ol' fashioned BI-PARTISANSHIP!!! blkmusclmachine Feb 2015 #14
Methinks Christie has been planning to privatize all along, plus he is likely djean111 Feb 2015 #2
If he could make a buck off of it, I bet he'd "privatize" his soul, if he has one. George II Feb 2015 #3
Let me guess: forest444 Feb 2015 #4
Reeks of Enron... IthinkThereforeIAM Feb 2015 #20
A fool's bargain, each time. forest444 Feb 2015 #21
in other news... Javaman Feb 2015 #5
repuke govs are doing this all over the country project_bluebook Feb 2015 #6
They can't do it without the legislature. former9thward Feb 2015 #8
BI-PARTISANSHIP you can believe in, bay-bee!!! blkmusclmachine Feb 2015 #16
This is directly from the anarcho-libertarian playbook ClaireConner Feb 2015 #9
This is a coup de tat. And they didn't even have to fire a shot. Just buy out both Parties... blkmusclmachine Feb 2015 #15
Own everything is the anarcho-libertarian plan as you say. Now it's buying 'Charter' Cities in appalachiablue Feb 2015 #25
This country is the target of a hostile take over. Baitball Blogger Feb 2015 #11
This is pure horseshit... KansDem Feb 2015 #12
This is a really, really bad idea CanonRay Feb 2015 #13
Detroit turbinetree Feb 2015 #17
New Jersey American Water The Wizard Feb 2015 #18
GRU in Florida is reprehensible katmondoo Feb 2015 #19
Fairly standard 'wrecker' practice — MrModerate Feb 2015 #22
Starve the Beast, has worked like a charm for decades. Remember, 'Govt. is the Problem!'. appalachiablue Feb 2015 #26
The "Protection Act." Yeah, we know what "protection" means. n/t pnwmom Feb 2015 #23
Private companies DO NOT INVEST in infrastructure nakocal Feb 2015 #24
... handmade34 Feb 2015 #27
Someone needs to send Christie the movie "Even the Rain" HeiressofBickworth Feb 2015 #28
 

djean111

(14,255 posts)
2. Methinks Christie has been planning to privatize all along, plus he is likely
Thu Feb 5, 2015, 05:13 PM
Feb 2015

in a pissy mood anyway, what with all the negative fallout from his trip to England.

forest444

(5,902 posts)
4. Let me guess:
Thu Feb 5, 2015, 05:25 PM
Feb 2015

The companies that have "expressed interest" in the bidding, are also some of his biggest campaign contributors. Talk about sewer politics!

forest444

(5,902 posts)
21. A fool's bargain, each time.
Thu Feb 5, 2015, 06:37 PM
Feb 2015

But that's ok; that's what False News (or Clarín, in the case of Argentina) are there for.

 

project_bluebook

(411 posts)
6. repuke govs are doing this all over the country
Thu Feb 5, 2015, 05:32 PM
Feb 2015

utilities, roads, schools. Republican voters are the cancer eating away at this once great nation. I wish there was a vaccine for stupid.

ClaireConner

(24 posts)
9. This is directly from the anarcho-libertarian playbook
Thu Feb 5, 2015, 05:41 PM
Feb 2015

The plan to privatize all of the infrastructure is in full swing. Remember, the tax payers paid for it, the right wingers refused to repair it, and now they're selling it to their corporate buddies. What in the hell is wrong with the Dems in NJ? BTW, I live in FL and our right wing radical legislature is busy privatizing the prisons and the public schools. If people don't wake up, the big boys will own everything.

appalachiablue

(41,144 posts)
25. Own everything is the anarcho-libertarian plan as you say. Now it's buying 'Charter' Cities in
Thu Feb 5, 2015, 08:01 PM
Feb 2015

Guatemala with the aid of the local powers, like financiers who came into New Orleans after Katrina & then Detroit. Global financial elites are viewing Buffalo & Baltimore now to privatize city operations, a la Disaster Capitalism. The water system in Balto. is a French or European company like other places in the US. The privatization of public schools is widespread, before that prisons. 'Charter' schools & cities sound too grand. I prefer to call it what it is-Profit Schools, Profit Water, Profit Prisons, Profit Cities, Profit Utilities, Profit Roads, Profit Parks. Everything is privately owned & managed by corporations, not the govt. or us for the common good, like earlier Company Towns.

Authoritarian capitalism already existed here up to & after the Progressive era in politics when some changes were made by workers & advocates, c. 1900 onwards. After the Civil War wealthy industrialists, corporations & investors set up operations where they owned practically everything-in mining towns, timber settlements, mills & factory towns & cities, whether in the US or overseas in Central America or the Pacific region. They were also investors in banks & transportation companies, railroad & shipping lines.

In the South during Jim Crow after the Civil War to the 1940s/1950s, black men & some women, & some poor whites were charged or picked up for minor offenses, or nothing & sent to to brutal labor camps & prisons where they labored in horrible conditions. Many disappeared from families forever. The camp/prisons charged them for housing, tools & made up expenses to keep them in debt & indentured for long periods similar to the debt peonage system in Latin America. I read of a young black woman searching for her missing brother who eventually contacted Eleanor Roosevelt for help but I don't think he was ever found.
Pulitzer Prize winning author Douglas Blackmon covered the subject in his excellent book, 'Slavery by Another Name' (2009) which was made into a PBS documentary.

In coal/timber camps & mill/factory towns workers paid the company owners rent for housing, bought food & household goods at the company store, paid for furniture at a company store. All prices were set by owners with no competition from other merchants. Laborers were paid in scrip, a paper currency issued by the company that was unusable outside the region. (Walmart was found paying workers in scrip at a Mexican facility several years ago). Companies owned the roads, real estate, schools & churches & in some ways the workers, like feudal landowners. The school teacher, doctor & some preachers were hired by the owners & on the company payroll. It was total dependency of the workers, who if they got out of line, owners would evict them or fire them using hired company security guards. Worker safety laws & conditions were absent until they were fought for & finally established in the mid-19030s & later.

Before FDR in 1933 there was no workmen's compensation, social security or retirement for old age. People who were elderly or sick could be seen on the streets. If healthy enough some were picked up & sent to labor camps. Safe food & water were first protected by the clean food & water act, 1907. This was a hard, exploitive period in US history that passed with New Deal & Post War era legislation, policy, unions & prosperity. Here's to better days ahead. ~~Hello Claire, glad to know you are here from MadFloridian; welcome.~~

Baitball Blogger

(46,735 posts)
11. This country is the target of a hostile take over.
Thu Feb 5, 2015, 05:52 PM
Feb 2015

They always said that we would be destroyed with our own weapons. Capitalism is a two edge sword.

KansDem

(28,498 posts)
12. This is pure horseshit...
Thu Feb 5, 2015, 05:59 PM
Feb 2015
The sponsors of the bill tout it as a way to get desperately-needed investment into water systems that have been neglected to the breaking point by government owners. The emergent conditions that would allow for a fast-track sale include the location of the system within a critical water area, and it being deficient in drinkability or pressure, among others.


"Government owners?" How about underfunded infrastructure repair due to slimy politicians who want to create the image of a "breaking point" so they can sell off public assets?

"Desperately-needed investment"---??? Yeah, some OnePercenter needs to invest in a third chalet in the Swiss alps.

I don't know "nj.com" but suspect from the language that it leans right.

turbinetree

(24,703 posts)
17. Detroit
Thu Feb 5, 2015, 06:16 PM
Feb 2015

The Christie bunch gave tax breaks to the same oligarchs that use the public water system, don't you think you can see the problem
Whoever made this law and whoever voted for it they have now turned the state into a city called DETROIT, and if you don't think so, look at that state and what they are doing to the public water system.
And for all of you right wingers that support this greed and lack of transparency, take a drink of water and then ask how much did this cost before and after, because some where along the line your property taxes are going to go up to pay for this greed

The Wizard

(12,545 posts)
18. New Jersey American Water
Thu Feb 5, 2015, 06:18 PM
Feb 2015

is operated by the Kean family, yeah that Kean family. Tom Kean is the most overrated Governor we've ever had.

katmondoo

(6,457 posts)
19. GRU in Florida is reprehensible
Thu Feb 5, 2015, 06:28 PM
Feb 2015

People are screwed. Have a leak that could cost you 900.00 dollars or more if you don't discover it in time. No excuses you PAY!!!
6 days late off with your water, pay a hefty fine and your bill and we may if we have time will turn it back on. Good luck New Jersey

 

MrModerate

(9,753 posts)
22. Fairly standard 'wrecker' practice —
Thu Feb 5, 2015, 06:42 PM
Feb 2015

Starve government so it can't do its job, complain that "government isn't doing its job," and then hand the asset over to the one-percenters who will squeeze blood from a stone and leave nothing but crushed stone behind.

It's right there in the Republican playbook.

nakocal

(552 posts)
24. Private companies DO NOT INVEST in infrastructure
Thu Feb 5, 2015, 07:35 PM
Feb 2015

Private companies DO NOT INVEST in infrastructure. They just get the government to do it for them and then reap all of the benefits.

handmade34

(22,756 posts)
27. ...
Thu Feb 5, 2015, 08:28 PM
Feb 2015
http://foodandwaterwatch.org/water/private-vs-public/

The objectives of a profit-extracting water company can conflict with the public interest... because a water corporation has different goals than a city does, it will make its decisions using a different set of criteria, often one that emphasizes profitability.


HeiressofBickworth

(2,682 posts)
28. Someone needs to send Christie the movie "Even the Rain"
Fri Feb 6, 2015, 01:57 AM
Feb 2015

which is about the events that took place when a subsidiary of Bechtel took over the water of a town in Bolivia.

What happens in any corporate take-over is the purchasing party wants/needs to recoup the money spent on the acquisition, and then some. This happens in three ways -- increase rates and/or reduce employee rolls and/or delay or cancel maintenance or expansion.

So, what would happen is that Christie can improve NJ's bottom line by taking in the money from a private investor. Makes him look good and gives him another gold star in his plan to run for President.

In reality what would happen is that rates to water users would increase dramatically. At the same time, workers would be laid off and maintenance deferred on infrastructure. In a few years, the system would be completely broken. But by the time the bottom falls out, Christie would either be President or looking for work in another walk of life. Either way, he would never suffer any consequences for making such a horrible decision.

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