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Private-Public Partnerships Are Always A Bad Idea »

Posted by: lizaveta 11 months, 2 weeks ago

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Brett Narloch from the North Dakota Policy Council had an interesting reaction to a column by Fargo Forum Editor Matt Von Pinnon about pay for Nort Dakota's university presidents.

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lizaveta11 months, 2 weeks ago

For some perspective, observe what has happened with "public education". When it started, it was an adjunct to the existing private school system, but now it's a virtual monopoly. Even under the version of fascism you describe, Rob, the govt really runs the businesses, because the govt holds the purse strings. The Golden Rule: He who has the gold makes the rules.
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  CactusAnnie11 months, 2 weeks ago
  
  Thanks Lizaveta.
  This last paragraph keeps proving true time and time again:
  "At its most basic, the use of public money for economic development - whether through direct spending by politicians or through grants to local economic development corporations/foundations - is a recipe for corruption, cronyism and the mismanagement of taxpayer dollars."
  At the same time, governments (city, county, state and federal) become one of the biggest obstacles small businesses face.
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rightfromwrong11 months, 2 weeks ago

the are so many scams involving public money and payoffs. The world is full of crap heads. If you look at the reconstruction of Iraq and they didn't allow any bidding so one can imagine all the kickbacks.
Thanks Lizaveta
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AnnieGUN11 months, 2 weeks ago

I always found it interesting that those on the left who most often wield the fascism charge are practicing and defending just that.
lol
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  kobzikov11 months, 2 weeks ago
  
  Damn right. Those on the right would never support corporate subsidies, corporate tax breaks, and lifting of corporate oversight.
  If it wasn't for those on the left Haliburton and the rest of corporate war profiteers would have never been awarded no bid contracts. And the oil execs wouldn't be able to influence energy policy of US either. Damn you, leftist Dick Cheney!
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gabriels11 months, 2 weeks ago

This article is right. Private economic development partnerships are very often a front to funnel money from the tax payers purse to a corporation and then funneling campaign contributions back to the politicians that participated in the development council.
Representative James Meeks(D-FL) is presently tied up in this very type of problem.
If the free enterprise wishes to construct a development council to stir growth, they should fund it with their own money.
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Grrr11 months, 2 weeks ago

There is a simple fundamental fallacy in the argument for public/private partnerships and privatization of public responsibilities in general.
There is nothing we as a society need done with oversight and due diligence, so badly that we are willing to use public money for it, that could be done better or cheaper by a for-profit entity. Period.
Basic common sense, accounting and economics.
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