Circle the date: Wisconsin went up for sale today to insiders.
I posted a short item at Purple Wisconsin Tuesday with that headline:
Joint Finance foolishly gives Walker the right to sell state assets/our commonly-held resources without competitive, open bidding.
No doubt this will lead to insider abuses, horse-trading and sweet deals, and prison reform as a future priority for the tempted.
Earlier commentary posted at The Political Environment.An excerpt from that commentary:
The plan is allegedly to reduce debt somewhere in state finances - - but is actually an end-run to mindless privatization around publicly-interested and honest budgeting.
A prison could be sold off to a for-profit operator (union-free) with some proceeds helping pay a road-building project built on the come.
A highway could be sold to a private company that wanted to turn it into a toll road and collect money from motorists who had paid for the road and its servicing with gas, income or property taxes.
A power plant could be sold to a utility which could then raise the rates to the prison or university complex the power plant now serves.
Talk about back-door policy-making, using public assets to make private, special interests even richer.