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Politicians are selling our bridges rather than building them

July 2007

WILL ROGERS SOMETIMES TUCKED little moral messages into his one-liners. For example: "I'd rather be the man who bought the Brooklyn Bridge than the one who sold it."

The gullibility of anyone who thinks it's possible to buy the Brooklyn Bridge is an old punch line, but today the joke is on us. In these weird times of privatization fever, buying bridges is no longer considered preposterous, and old Will would be appalled by the crass morals of both the sellers and the buyers in these increasingly common transactions.

Politicians are selling our bridgesPoliticians are selling our bridges The Brooklyn span has yet to be sold off, but similar public assets all across the country have been, and many more are up for grabs-- an estimated $100 billion worth of highways, bridges, airports, and other public properties could be transferred into corporate hands in just the next two years. Among those already gone or actively being considered for privatization are Chicago's Skyway commuter route, the city's entire downtown parking system, and Midway Airport; in Indiana, three major throughways (a 157-mile toll road across the state, a new Illiana Expressway, and a section of the I-69 NAFTA highway) and the state lottery; Virginia's Pocahontas Parkway and Dulles Greenway; the 537-mile Pennsylvania Turnpike and Philadelphia International Airport; New York's Tappan Zee Bridge; a vast 4,000-mile network of toll roads across Texas; Colorado's Northwest Parkway; Alabama's Foley Beach Expressway bridge; the Detroit-Windsor Tunnel; and, in New Jersey, the NJ Turnpike, Garden State Parkway, and Atlantic City Expressway.

What's at work here is a convergence of gutless politicians, right-wing ideological fantasizers, conniving investment bankers, and raw corporate greed. What has drawn them together is the incandescent, transformative, blinding, neon-green force that rules American society: MONEY. [ read more ]