USATODAY: States Looking to Cash in Assets

[antigop]

http://www.usatoday.com/news/nation/2006-06-07-state-assets_x.htm

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States and local governments across the USA are preparing to cash in valuable public assets for one-time windfalls that could reap tens of billions of dollars.
Illinois hopes to get at least $10 billion by selling its lottery and an additional $15 billion for leasing all or part of the 274-mile Illinois Tollway. Missouri plans to auction its student loan portfolio. Pennsylvania is considering leasing its highways, and Chicago is studying a plan to lease Midway Airport to private investors
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...and the privatization continues

[Sadie5]

1. In Indiana

Mitch the bitch has been doing this for some time. Selling off our toll roads.

[HereSince1628]

2. And there is a guy in Ohio who will invest all of it in rare coins

for those jurisdictions who want to DO something with all that money.

[Demeter]

3. This Has Got To Be The Dumbest Excuse for Not Raising Taxes

ever contrived. I thought the economy was so strong, revenues would be rolling in. (sacasm)

[fasttense]

4. Why don't the sell of the federal government to the highest

bidder and be done with it. I'm sure several foreign entities would love to be able to control the US citizenry. Congress and the Crazy King George are selling it off piece by piece anyway.

[patdem]

5. This is like selling your house to purchase a mercedes benz.....

Sell an appreciating asset to purchase something you want NOW..that happens to depreciate over time? WHAT FOOLS ARE THEY?