Saturday, July 10, 2010
Austerity fascism hits New Jersey....
Economic Hitmen Come for Their 'Pound of Flesh' in New Jersey
It was reported today that New Jersey's Governor Christie is proposing privatization of many public services. This is the precise playbook of "Economic Hitmen" aka Banks. First, they loan ridiculous amounts of money to the public sector, knowing full well these loans can never be repaid and when state bankruptcy looms, the public infrastructure is auctioned to pirates of industry for pennies on the dollar.
According to the article on NorthJersey.com, Christie plans to privatize motor vehicle inspections and other public services:
New Jersey would close its centralized car inspection lanes and motorists would pay for their own emissions tests under a sweeping set of recommendations set to be released by the Christie administration today.
State parks, psychiatric hospitals and even turnpike toll booths could also be run by private operators, according to the 57-page report on privatization obtained by The Star-Ledger. Preschool classrooms would no longer be built at public expense, state employees would pay for parking and private vendors would dish out food, deliver health care and run education programs behind prison walls.
Get ready, as more cash-strapped states will surely follow suit and the fascist takeover of all public services at rock-bottom prices will commence. Wouldn't it be terrific to see Chinese companies buying up California's infrastructure? Welcome to the new world order.