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The campaign to turn California's public infrastructure over to private profit is gathering steam. Today's LA Times reports on a new push by Arnold for privatization of public resources:
Gov. Arnold Schwarzenegger signaled a major push today to engage private companies in the construction and management of state and local infrastructure, adopting a strategy employed in Canada, Britain and elsewhere...
The Schwarzenegger administration is contemplating a plan, probably requiring state legislation, to create a California agency to oversee state and local public-private partnerships, aides said. Modeled after one in British Columbia, it would be staffed by professional financiers and other experts who could oversee the structuring of deals by both state and local governments.
As Brian explained in his excellent Pat Brown is Rolling Over In His Grave post last month, this push is part of a broader assault on the public ownership and operation of our basic infrastructure. The LA Times does not quote a single opponent of privatization, instead casting opponents as merely greedy special interests wanting to protect their fief:
opposition from labor unions and from legislators reluctant to give up too much control over big spending projects.
One of Arnold's financial advisors, David Crane, is allowed to declare that this is about innovation and progress:
Whereas we're a very innovative state in many ways, when it comes to infrastructure we are less innovative, and the governor intends to bring public-private partnerships into our portfolio.
Read on to see why this is a dangerous idea...
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