Wednesday, July 19, 2006

Woe is them, Part III

Roads and bridges built by U.S. taxpayers are
starting to be sold off, and so far foreign-owned
companies are doing the buying.
...
Washington is not likely to produce more money
to build roads. The federal highway fund — which
will have a balance of about $16 billion by the
end of 2006 — will run out in 2009 or 2010,
according to White House and congressional
estimates.

Pretty sweet deal for a few.

Bummint steals the money to build the roads and
continues stealing from the taxpayer while it
leases the roads, grabs more money from the road
maintainer/builder who has to grab even more
money from taxpayer/road users to make a profit
that bummint didn't. Shit, the latter didn't even
break even.

Whew! Got short of breath on that one.

There's something really wrong with this picture.

I guess I missed something here.

And what's the big fuckin' deal about where on
earth the money goes?

Would it make you feel any better that good ol'
'merikun companies get it?

P.S. Has anyone seen any of these juicy contracts?
I'd wager your bummint has some guaranteed income
clause in there for the lessees.

Full report.