Posted: Sun Aug 27, 2006 10:07 pm
Henry Lamb, executive vice president of the Environmental Conservation Organization and chairman of Sovereignty International presents a take in America's infrastructure fire sale that can be considered in the context of not only Ken Blackwell’s ideas for Ohio’s Toll Road but the type of sell-offs of local public infrastructure one might anticipate under the structure of global capital and free trade ideology tendered by and for global elites, sell-offs that may one day be proposed for Lakewood.
Of course, the low saving rate of Americans, outsourcing, off-shoring, immigration are all factors that lead to the inevitable fire sale and the shift in accountability from local political representatives and diminished sovereignty.
So there are issues of policy, political economy and sovereignty raised in the piece that have global, state and local implications. Lamb's piece also reveals how the global corps interface with the pols.
It's not simply a partisan thing. The Elephants and the Donkeys have both sold out the U.S.A. under Neo-Con and Neo-Lib ideologies designed to trim down the blubbering middle to the 80%/20% wealth distribution model.
Let's not forget Clinton and Gore delivered for Chinese Hutchison Whampoa Limited, a mega corp Lamb mentions.
I therefore heap up some Lamb on the international financing of public infrastructure.
“The Chicago Skyway Bridge is a 7.8-mile toll road built in 1958 to connect the Dan Ryan Expressway to the Indiana Tollway. In 2004, the facility was leased for 99 years, for a one-time payment of $1.83 billion, to the Skyway Concession Company, LLC, owned by Cintra Concesiones de Infraestructuras de Transporte S.A., and Macquarie Infrastructure Group.
This same consortium won a 75-year lease for the 157-mile Indiana Tollway for $3.85 billion…..
Cintra has also formed a consortium with Zachry Construction Company in San Antonio...
In December 2004, the Texas Transportation Commission selected this consortium to develop the Trans-Texas Corridor. The proposal included a bid of $1.2 billion to build and operate the first segment of this facility as a toll road. Zachry Construction Company has invested heavily in political campaigns of key Texas officials.
The Trans-Texas Corridor is a member of the North American SuperCorridor Coalition.
Greg Carey, managing director at Goldman, Sachs & Company, told the Texas Transportation Forum last June, that this method of financing should not be limited to highways, but should include airports, bridges, tunnels, parking facilities, ports, rail, water and sewer systems, power facilities, hospitals, government-controlled liquor stores and "... anything else that produces revenue."
The American Water Works Company, a subsidiary of Germany's utility mega-corporation RWE, already provides water to 18 million Americans in 29 states.
Carey also told the group that all but 14 states had already changed their laws, or were now considering legislation, to allow this "international" financing of public infrastructure.
This relatively new method of financing infrastructure has excited government officials who see these public/private partnerships as win/win solutions. Government gets an infusion of cash and is relieved of the burden of daily operations. The private sector is eager to invest in long-term projects that promise a payback of as much as 61 times the investment.
But the users don't win…..
In anticipation of the Trans-Texas Corridor, the Kansas City Southern Lines set up a Mexican subsidiary to purchase the National Railways of Mexico, with 2,600 miles of track that reaches to Mexico's ports in Veracruz and Lazaro Cardenas.
These ports are owned by another international mega-corporation: the Chinese Hutchison Whampoa Limited…..
The so-called "free trade" enthusiasts have no problems with this international ownership of strategic infrastructure…... Enthusiasts claim that this transfer of public infrastructure to private partners is the free market at work.
But it is a process that is rapidly erasing the concept of national sovereignty. Is it smart to allow America's crucial infrastructure to be controlled, if not owned, by foreign companies? Kenneth Orski reports that one of these toll projects in Stockholm has been used as a demonstration project to show that pricing can be an effective way to decrease automobile use and force public transit use…... “
For more:
http://www.wnd.com/news/article.asp?ARTICLE_ID=51688
Can and will Stickland say anything substantive and progressive about Blackwell's big idea on the Turnpike?
Does he have the guts? Or do politics dicate he say too much for risk of alienating elite powers?
Kenneth Warren
Of course, the low saving rate of Americans, outsourcing, off-shoring, immigration are all factors that lead to the inevitable fire sale and the shift in accountability from local political representatives and diminished sovereignty.
So there are issues of policy, political economy and sovereignty raised in the piece that have global, state and local implications. Lamb's piece also reveals how the global corps interface with the pols.
It's not simply a partisan thing. The Elephants and the Donkeys have both sold out the U.S.A. under Neo-Con and Neo-Lib ideologies designed to trim down the blubbering middle to the 80%/20% wealth distribution model.
Let's not forget Clinton and Gore delivered for Chinese Hutchison Whampoa Limited, a mega corp Lamb mentions.
I therefore heap up some Lamb on the international financing of public infrastructure.
“The Chicago Skyway Bridge is a 7.8-mile toll road built in 1958 to connect the Dan Ryan Expressway to the Indiana Tollway. In 2004, the facility was leased for 99 years, for a one-time payment of $1.83 billion, to the Skyway Concession Company, LLC, owned by Cintra Concesiones de Infraestructuras de Transporte S.A., and Macquarie Infrastructure Group.
This same consortium won a 75-year lease for the 157-mile Indiana Tollway for $3.85 billion…..
Cintra has also formed a consortium with Zachry Construction Company in San Antonio...
In December 2004, the Texas Transportation Commission selected this consortium to develop the Trans-Texas Corridor. The proposal included a bid of $1.2 billion to build and operate the first segment of this facility as a toll road. Zachry Construction Company has invested heavily in political campaigns of key Texas officials.
The Trans-Texas Corridor is a member of the North American SuperCorridor Coalition.
Greg Carey, managing director at Goldman, Sachs & Company, told the Texas Transportation Forum last June, that this method of financing should not be limited to highways, but should include airports, bridges, tunnels, parking facilities, ports, rail, water and sewer systems, power facilities, hospitals, government-controlled liquor stores and "... anything else that produces revenue."
The American Water Works Company, a subsidiary of Germany's utility mega-corporation RWE, already provides water to 18 million Americans in 29 states.
Carey also told the group that all but 14 states had already changed their laws, or were now considering legislation, to allow this "international" financing of public infrastructure.
This relatively new method of financing infrastructure has excited government officials who see these public/private partnerships as win/win solutions. Government gets an infusion of cash and is relieved of the burden of daily operations. The private sector is eager to invest in long-term projects that promise a payback of as much as 61 times the investment.
But the users don't win…..
In anticipation of the Trans-Texas Corridor, the Kansas City Southern Lines set up a Mexican subsidiary to purchase the National Railways of Mexico, with 2,600 miles of track that reaches to Mexico's ports in Veracruz and Lazaro Cardenas.
These ports are owned by another international mega-corporation: the Chinese Hutchison Whampoa Limited…..
The so-called "free trade" enthusiasts have no problems with this international ownership of strategic infrastructure…... Enthusiasts claim that this transfer of public infrastructure to private partners is the free market at work.
But it is a process that is rapidly erasing the concept of national sovereignty. Is it smart to allow America's crucial infrastructure to be controlled, if not owned, by foreign companies? Kenneth Orski reports that one of these toll projects in Stockholm has been used as a demonstration project to show that pricing can be an effective way to decrease automobile use and force public transit use…... “
For more:
http://www.wnd.com/news/article.asp?ARTICLE_ID=51688
Can and will Stickland say anything substantive and progressive about Blackwell's big idea on the Turnpike?
Does he have the guts? Or do politics dicate he say too much for risk of alienating elite powers?
Kenneth Warren