Paul was also on Glenn Beck’s new show yesterday. Beck is getting better all the time. He’s still got a long way to go but his increasing respect for Paul and libertarian ideas is refreshing for Fox and the MSM in general.
Minnesota is deep in the hole financially, but the state still owns a premier golf resort, a sprawling amateur sports complex, a big airport, a major zoo and land holdings the size of the Central American country of Belize.
Valuables like these are in for a closer look as 44 states cope with deficits.
Like families pawning the silver to get through a tight spot, states such as Minnesota, New York, Massachusetts and Illinois are thinking of selling or leasing toll roads, parks, lotteries and other assets to raise desperately needed cash.
Minnesota Gov. Tim Pawlenty has hinted that his January budget proposal will include proposals to privatize some of what the state owns or does. The Republican is looking for cash to help close a $5.27 billion deficit without raising taxes.
GOP lawmakers are pushing to privatize the Minneapolis-St. Paul International Airport and the state lottery. Both steps require a higher authority – federal legislation in the case of the airport, a voter-approved constitutional amendment for the lottery. But one lawmaker estimated an airport deal could bring in at least $2.5 billion, and the lottery $500 million.
Massachusetts lawmakers are considering putting the Massachusetts Turnpike in private hands. That could bring in upfront money to help with a $1.4 billion deficit, while also saving on highway operating costs.
In New York, Democratic Gov. David Paterson appointed a commission to look into leasing state assets, including the Tappan Zee Bridge north of New York City, the lottery, golf courses, toll roads, parks and beaches. Recommendations are expected next month.
Such projects could be attractive to private investors and public pension funds looking for safe places to put their money in this scary economy, said Leonard Gilroy, a privatization expert with the market-oriented Reason Foundation in Los Angeles.
“Infrastructure is more attractive today than ever,” Gilroy said. “It’s tangible. It’s a road. It’s water. It’s an airport. It’s something that is – you know, you hear the term recession-proof.”
Unions don’t like privatization deals out of fear that worker wages and benefits will be squeezed as private operators try to boost their profit by streamlining services.
Taxpayers, too, can lose out if the arrangements don’t work – and sometimes even if they do, said Mark Price, a labor economist with the Keystone Research Center in Harrisburg, Pa. Higher tolls on privatized roads can push drivers onto state-operated roads, wearing them down faster and raising public costs over time.
“You’re privatizing some profits in this process and socializing some losses,” Price said.
This is exactly right. What is being done is not true privatization or marketization. Unfortunately since the State never legitimately owned the resource it’s difficult to release it into the market. Ideally you’d auction it off in a fully open auctioning process and use the money to lower taxes. That however will not happen. In most cases you will have a small auction which favors some cronie of someone in the legislative or executive branch. They socialize the costs and privatize the gains. Fascism, corporatism, cronie capitalism. Call it what you like. What will inevitably occur is that the system fails due to inefficiency or corruption and the statists will blame the free market just as is being done currently with the Wall Street and car manufacturer bailouts. I’d say it’s better to let the state government wallow in their inefficient and tyrannical ways then “privatizing” components. Let the public see the state fail and keep all ideas of the free market out of the picture.
Congratulations to everyone for the achievement of this important early goal. To become a force, we must have many more recruited to the cause of liberty and to the C4L. In the coming weeks we will roll-out a web site, new tools, and new materials to help you to reach out to friends, family, and the many millions just now awakening from their slumber to the creeping authoritarianism that now consumes our body politic. We can train, arm, and help prepare you, but it is you who must take responsibility for taking back our nation. This is your revolution and our time is now.
A few days late but not bad. I know some people who went to Minneapolis and filled me in to what this new C4L site will contain. It sounds interesting. It”ll provide voter information for $35 / year subscription fee and they will ask you to do tasks to prove you’re actually doing things. It may sound odd but they want to make sure that those who are involved are serious about doing something. Since it’s 1 person per voting precinct they don’t want people just signing up and not participating. The $35 is actually pretty cheap given the data and services they will provide. In addition, since they are a PAC, they will be able to provide funds for running local liberty candidates and other events.
Following up on this weekend’s extreme raids on various homes, at least 250 people were arrested here today in St. Paul, Minnesota. Beginning last night, St. Paul was the most militarized I have ever seen an American city be, even more so than Manhattan in the week of 9/11 — with troops of federal, state and local law enforcement agents marching around with riot gear, machine guns, and tear gas cannisters, shouting military chants and marching in military formations. Humvees and law enforcement officers with rifles were posted on various buildings and balconies. Numerous protesters and observers were tear gassed and injured.
Today’s Star Tribune added that the raids were specifically “aided by informants planted in protest groups.” Back in May, Marcy Wheeler presciently noted that the Minneapolis Joint Terrorist Task Force — an inter-agency group of federal, state and local law enforcement led by the FBI — was actively recruiting Minneapolis residents to serve as plants, to infiltrate “vegan groups” and other left-wing activist groups and report back to the Task Force about what they were doing. There seems to be little doubt that it was this domestic spying by the Federal Government that led to the excessive and truly despicable home assaults by the police yesterday.
So here we have a massive assault led by Federal Government law enforcement agencies on left-wing dissidents and protesters who have committed no acts of violence or illegality whatsoever, preceded by months-long espionage efforts to track what they do. And as extraordinary as that conduct is, more extraordinary is the fact that they have received virtually no attention from the national media and little outcry from anyone. And it’s not difficult to see why. As the recent “overhaul” of the 30-year-old FISA law illustrated — preceded by the endless expansion of surveillance state powers, justified first by the War on Drugs and then the War on Terror — we’ve essentially decided that we want our Government to spy on us without limits. There is literally no police power that the state can exercise that will cause much protest from the political and media class and, therefore, from the citizenry.
He goes on to speak of his disgust for those who claim these people deserve this and questioning why the liberals who were denouncing the Chinese for the very same actions weeks ago at the Olympics aren’t speaking out against this now?
I know why Glenn… it’s because they are part of this system. They not only are complacent in it’s creation, they desire it.