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The personal vendetta, while probably true on some level, seems too easy of an answer. This is one of many privatization initiatives this administration is goin
by treebeard901 9y ago
The personal vendetta, while probably true on some level, seems too easy of an answer.
This is one of many privatization initiatives this administration is going to take.
The focus initially will be to find government run agencies that can be profitable in the private sector. Think in terms of toll roads/bridges for infrastructure, air traffic control and student loans to name a few.
Whether or not if privatization is the right answer is debateable but it is probably going to happen in one form or another.
The question is: Who will benefit by owning these companies?
Look to the privatization of the USSR as a worst possible outcome. Large former government run industries given to private ownership that instantly created a strong oligarchy class.
How well has democracy worked in Russia since that happened?
- MaxfordAndSons 9y ago> How well has democracy worked in Russia since that happened? It's worked great for the oligarchs! I honestly think the Republican party sees that as the ideal outcome: create a strong kleptocratic class that can use their wealth to perpetuate Republican control.
- ericfrederich 9y agoThe article said this would be a non-profit company... but then again this is the US and look at all the non-profit multi millionaire preachers. Or the non-profit Goodwill with exorbitant salaries for execs.