It's Official: Missouri’s I-70 Survival
May Take Public-Private Partnership
Members of the Missouri’s Joint Committee on Transportation said the conversation about Interstate 70’s future is just beginning. Repairing the interstate across Missouri will require between $2 billion and $4 billion — money the state doesn’t have today, and doesn’t know how it’s going to get.
Although no bill has been introduced, Missouri Transportation Director Kevin Keith suggests MoDOT agree to a long-term lease-type contract with a private company that would rebuild the highway at it's expense. Then the private owner could charge tolls (15¢/mile on cars and 45¢/mile on trucks) to those using the 252 mile long Missouri span in order to recover it's costs.
According to an independent British newspaper editor, in the not-so-distant future, English drivers will be charged based upon the number of miles they drive, as is being done step-by-step in America.
On 12 January 2012, Mike Robinson, the editor of the UK Column explained, “'Road charging,' as it is called in England, is widespread, as fiber optic cable has been laid along most English roads to help track vehicle travel by the mile so drivers can be charged."
“It has been on the European Union agenda for quite a long time,” he added.
His comments came amid recent news of a radical plan to raise $200 billion by privatizing “the motorway network,” as Brits call it. The plan was presented to the three main political parties by NM Rothschild, the influential privately-owned investment bank, British news sources say.
The Rothschild bank, called “an architect of several privatizations,” reportedly made it's pitch in the weeks running up to the summer recess back on July 21, 2009. Bankers told leading politicians that the sale of the roads overseen by the [public] Highways Agency—all motorways and most “big trunk roads”—could help revive battered public finances. This is the same story Americans are being told.
True to form, toll-road companies and “infrastructure funds” would compete to operate and maintain stretches of the British toll network.
And how did U.S. politicians get the idea that privatizing roads was an acceptable future? Two words: Goldman Sachs, according to noted Texas columnist Ed Wallace.
“Yes, large Wall Street investment banks, led by the Rothschild family-owned Goldman Sachs, started advising states across the nation on how to raise fast money by diverting the most necessary publicly owned assets—roads—into public-private ownership,” wrote Wallace. “You have to admit, it’s brilliant, because it’s a forced and guaranteed market: Americans can’t get out of driving.”
And as Daniel Schulman and James Ridgeway wrote in a scathing article, “The Highwaymen,” in January 2007, “Many similar deals are now on the horizon, and MIG and Cintra are often part of them. So is Goldman Sachs, the huge Wall Street firm that has played a remarkable role advising states on how to structure privatization deals — even while positioning itself to invest in the toll road market.”
These swindlers do seem deserving of a special place in Hell. - Wingfoot.
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