We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Malanga at City Journal on "The New Privatization." Apparently infrastructure has market value, so it makes sense to wonder why governments should be running these things. A quote:
Daley seeks federal approval to auction the rights to operate Midway, Chicago’s second-largest airport, as part of a federal project to demonstrate the benefits of privatization. Midway would be the second airport, and the first major hub, to enter the program. (The first was Stewart International Airport in Newburgh, New York, which the Pataki administration privatized in 2000.) In Colorado, the independent state authority that operates the Northwest Parkway, a Denver-area toll road, is evaluating bids for a 50-year lease to run it; the transaction could raise $500 million. New Jersey governor Jon Corzine is thinking of selling the New Jersey Turnpike, which could yield some $20 billion, though he’s also considering floating municipal bonds, backed by the turnpike’s tolls, which would raise less money but allow the state to continue operating it. Many smaller-scale deals are in the works, too. The Macquarie director said last fall that he anticipated as many as 25 toll-road privatizations in the U.S. over the next two years, potentially pouring $80 billion into government coffers.
Selling existing assets may turn out to be only a small part of this promising story. With far more money to deploy than there are public assets to sell, investors are now vying to help governments build and operate new infrastructure, and budget-squeezed states are taking them up on their offers.
Interesting idea if the corresponding taxes used to pay for operations and maintenance would go away. Unfortunately I think the taxes would still be there but used in some other frivolous manor and then there'd be new fees associated with use of the privatized infrastructure.
I think we should have big investors just Kelo the hell out of everything until we either have a revolution or a suitable case to get to the Supremes and change that decision. Stare decisis could also use a nice mugging ..hey it's a new millineum.
I could put together a proposal that could show much higher revenues for the state and feds for the Hamptons and say Beverly Hills..Kelo..Kelo..Kelo...
Also tax all women who aren't at least a 34 DD. (they must have a waist no larger than a 26 and NO BACK ... my anaconda ain't that fonda o'BACK.
The United States has quietly withdrawn from an international study comparing math and science students
Global Math Test
Aug. 9, 2007 - Americans took note when Bill Gates said last spring that American schools needed to beef up science and math standards if the country was going to maintain a competitive edge in the new century. So did Congress, which last week approved legislation called the America COMPETES (Creating Opportunities to Meaningfully Promote Excellence in Technology, Education and Science) Act, which carves out a whopping $43.6 billion for science education and research.