What is this? Executive Order 12803 - Infrastructure Privatization.

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http://www.presidency.ucsb.edu/ws/?pid=23625

Executive Order 12803 - Infrastructure Privatization
April 30, 1992

Section 1. Definitions. For purposes of this order: (a) "Privatization" means the disposition or transfer of an infrastructure asset, such as by sale or by long-term lease, from a State or local government to a private party.

(b) "Infrastructure asset" means any asset financed in whole or in part by the Federal Government and needed for the functioning of the economy. Examples of such assets include, but are not limited to: roads, tunnels, bridges, electricity supply facilities, mass transit, rail transportation, airports, ports. waterways, water supply facilities, recycling and wastewater treatment facilities, solid waste disposal facilities, housing, schools, prisons, and hospitals.

(c) "Originally authorized purposes" means the general objectives of the original grant program; however, the term is not intended to include every condition requires for a grantee to have obtained the original grant.

(d) "Transfer price" means: (i) the amount paid or to be paid by a private party for an infrastructure asset, if the asset is transferred as a result of a competitive bidding; of (ii) the appraised value of an infrastructure asset, as determined by the head of the executive department or agency and the Director of the Office of Management and Budget, if the asset is not transferred as a result of competitive bidding.

[AnotherMcIntosh]

1. Is this part of corruption?

What's going on here?

[msanthrope]

5. I think we should totally freak out about a 20-year old EO, and blame PBO. nt

[AnotherMcIntosh]

8. Why, exactly, wouldn't you blame Bush?

[msanthrope]

14. I thought you had me on ignore? You claimed that you did! ( and your sarcasm meter is broken.) nt

[AnotherMcIntosh]

17. Now putting you back on ignore. You have nothing to add.

[msanthrope]

21. See, I once said that no one ignores me, and it turns out to be the truth. nt

[malaise]

29. LOL

[Fuddnik]

36. Because that's exactly what PBO was pushing in Miami last week.

[alfredo]

37. Poppy Bush wanted to give a gift to his corporatist buddies in hope

they would send campaign cash his way.

[Loudly]

2. Poppy Bush turning the People's assets over to capitalists.

So that capitalists can charge the People for the use thereof.

[elleng]

3. April 30, 1992

[msanthrope]

6. I'm waiting for someone to blame PBO for using the Presidential Time Machine. nt

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7. Obama ain't the center of the universe, man.

Sheesh.

[msanthrope]

22. I am no man, as my user name indicates. nt

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23. I beg your pardon. nt

[bananas]

30. Could stand for Martin Santhrope'

with an accent on the e, as in San Jose'.
A lot of people leave out punctuation.

[AnotherMcIntosh]

9. You seem to be obsessed with blaming Obama instead of Bush for this.

[msanthrope]

11. I think your sarcasm meter is broken. nt

[AnotherMcIntosh]

15. When I want to use sarcasm, I'll let you know.

[randome]

19. Whoa! The target moved!

And you were right in front of him!

[msanthrope]

25. I do think this thread is a delightful switch from boobs and SS threads, though. nt

[randome]

26. Seconded.

[bananas]

31. Did another secret service agent get caught with a prostitute? nt

[elleng]

13. Right, surely someones will.

that so many of those someones are at DU.

[msanthrope]

18. Obama is to blame for the calculation of SS COLAs, too. He really got around in 1974. nt

[elleng]

20. Right, that kid surely did get around!!!

[rhett o rick]

34. He does seem to want to cut SS and Medicare. Shame on him and his enablers. nm

[AtheistCrusader]

39. First rule of Leadership. EVERYTHING is your fault. :D

[jazzimov]

4. Issued by GHW Bush, April 30, 1992. nt

[Historic NY]

10. My town got half of an old army air corps base....housing and buildings...

most was torn down by the government. Presently there is still redevelopment medical center, light factory, and condos also an economic incubator. Sadly they wiped out some buildings I tohught should have been saved. The remainder is an active airport.

[Cooley Hurd]

12. Sounds like legislation written by Robert Moses...

...he was VERY good at drafting legislation when it would fuck over private citizens.

[NYC_SKP]

16. It's just the tip of the iceberg. The undoing of so much of what is/was great about the USA.

More:

Sec. 2. Fundamental Principles. Executive departments and agencies shall be guided by the following objectives and principles: (a) Adequate and well-maintained infrastructure is critical to economic growth. Consistent with the principles of federalism enumerated in Executive Order No. 12612, and in order to allow the private sector to provide for infrastructure modernization and expansion, State and local governments should have greater freedom to privatize infrastructure assets.

)(b) Private enterprise and competitively driven improvements are the foundation of our Nation's economy and economic growth. Federal financing of infrastructure assets should not act as a barrier to the achievement of economic efficiencies through additional private market financing or competitive practices, or both.

(c) State and local governments are in the best position to assess the respond to local needs. State and local governments should, subject to assuring continued compliance with Federal requirements that public use be on reasonable and nondiscriminatory terms, have maximum possible freedom to make decisions concerning the maintenance and disposition of their federally financed infrastructure assets.

(d) User fees are generally more efficient than general taxes as a means to support infrastructure assets. Privatization transactions should be structured so as not to result in unreasonable increases in charges to users.

[octoberlib]

24. User fees??

Can you imagine having to pay every time you drive on a road or over a bridge?

[msanthrope]

27. Tolls are tyranny!!! nt

[NYC_SKP]

28. Connecticut turnpike.

I don't know if it's still that way but at one time it seemed that you had to stop every 5 minutes to pay a toll.

Where these still exist it's a hazard to safety and a pain in the ass.

Tolls aren't exclusively used on private roads and bridges, but if privatization means MORE of these then it's crazy.

[WillyT]

32. It's Useful Information In Exposing The Corruption Of The Entire United States Government...

& Rec !!!

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33. Is the country being sold-off? nt

[WillyT]

35. Did You Catch This ???

DULink: http://www.democraticunderground.com/10022626992

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38. I think it's bigger than that. Way bigger. We're where we are on purpose.

Country was incorporated decades ago?

Country went bankrupt?

USA is a corporation at this point?

Government is just a collection agency for the corporation?

I don't want to be busted for posting libertarian conspiracy, but chanting along as we tumble down the current path ain't an option for me.

I think it entirely possible things are going very much according to plan for those in power.

We're like a soccer ball being batted by each side down the path of a hidden agenda that seems ever-more apparent.

I'm sad for those who would chant and cheer blindly rather than risk upsetting their fragile view of things by fully opening their eyes.

I didn't trust the government when bush was in power, and that didn't change when Obama was elected.

[OnyxCollie]

41. +1000.

Yes! Yes!! YES!!!

[OnyxCollie]

40. I was looking at the list of names of Pete Peterson's Fix the Debt Leadership and saw this:

http://www.sourcewatch.org/index.php/Fix_the_Debt%27s_Leadership

Ed Rendell is a co-chairman of Fix the Debt. In media appearances, he is only introduced as the former Democratic governor of Pennsylvania (2003-2011), yet he has extensive corporate and financial ties.

UNDISCLOSED CONFLICT OF INTEREST: Rendell lobbied for KCI USA, a wound care technology company, on Medicare and Medicaid reimbursements in 2012. Rendell is special counsel to the law firm Ballard Spahr -- which has been criticized as a union-busting law firm. -- where he focuses on privatization and housing, with an emphasis on infrastructure. Rendell is also a senior adviser at Greenhill & Co., a multinational investment bank. Ninety percent of Greenhill's revenue comes from advisory assignments, including to public officials. Rendell is a strong proponent of "public private partnerships" (PPPs) in infrastructure, which have been criticized as a dubious form of privatization of public assets. Rendell is also on the advisory board of Verdeva, a firm developing technology to track motorists at the gas pump so they can be taxed for infrastructure revenue, an industry-favored measure for developing the income streams they need to finance infrastructure deals. He has also joined the venture capital firm Element Partners as an operating partner. Element Partners recently invested in oil and gas extraction (fracking) from the Marcellus formation.

Posted from this link:
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=2633714

[TheVisitor]

42. I know this thread is older, but...

I was looking into this recently and... well, now we all know where private for-profit prison systems came from... and we know that the police can probably also be purchased... because they are funded by the federal government... now you know why all this off the wall shit is happening with cops