Goldman Sachs wants u to pay by the mile to drive on US roadways

http://www.americanfreepress.net/html/u_s__roadways__207.html

By Mark Anderson

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 January 12, AFP interviewed Mike Robinson, the editor of the UK Column, a liberty-minded newspaper not unlike AMERICAN FREE PRESS.

“Road charging,” as it is called in England, is widespread, he told AFP, 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 investment bank, British news sources say.

The Rothschild bank, called “an architect of several privatizations,” reportedly made its 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 have been told.



True to form, toll-road companies and “infrastructure funds” would compete to operate and maintain stretches of the British toll network.

In one version of this scheme, the British government would pay for upkeep through a system of “shadow” tolls. A more radical and less politically acceptable option would be for private companies to charge motorists directly through privately owned toll booths or electronic card readers.

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 Goldman, started advising states across the nation on how to raise fast money by diverting the most necessary publicly owned assets—roads—into 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.”

Views: 75

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by Renee E. Dorsey on February 10, 2010 at 4:49pm
So since I own an airport shuttle service with 12 vehicles, and we are 70 miles from the closest airport, this will KILL MY BUSINESS!

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted blog posts
15 hours ago
Doc Vega posted blog posts
Sunday
Doc Vega posted a photo
Sunday
Sandy posted a photo
Sunday
tjdavis posted a video

It's Over. The Tool Bans Just Arrived!

First tool ban is here! A new law was just signed in New York that requires blueprint blocking technology on every CNC machine, laser cutter, lathe and 3D pr...
Sunday
tjdavis posted photos
Sunday
Doc Vega posted a blog post

Angry Old Man James Carville Warns of More to Come?

 A new type of signaling is brewing among the left and disenfranchised Democrats who have refused…See More
Saturday
Doc Vega posted photos
Friday
Sandy posted photos
Friday
Sandy posted videos
Friday
Doc Vega posted blog posts
Friday
Doc Vega posted photos
Thursday
tjdavis posted a video
May 28
Doc Vega commented on Doc Vega's blog post What is Consciousness and Does it Have to be In a Certain Body?
"FREEDOMROX there are a lot of conversations going on between theologians and scientists about what…"
May 28
Doc Vega commented on Doc Vega's blog post What is Consciousness and Does it Have to be In a Certain Body?
"cheeki kea Yes I believe that there are those who have a sympathetic awareness toward whales and…"
May 28
tjdavis posted photos
May 28
tjdavis favorited Doc Vega's photo
May 28
Doc Vega posted photos
May 27
FREEDOMROX favorited Doc Vega's blog post What We’ve Learned from the Evils of High Density Populations
May 26
Doc Vega posted blog posts
May 26

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted