Washington, DC -- State and local budget crises and the election of anti-government ideologues have left taxpayers and communities increasingly vulnerable to predatory “privatization” of government services and public infrastructure. “Desperate government is our best customer,” says one finance company executive specializing in the privatization of public infrastructure. A new report from People For the American Way documents that the push to privatize public services and assets often reduces the quality of services, burdens taxpayers and threatens democratic government.
A copy of the full report, Predatory Privatization: Exploiting Financial Hardship, Enriching the One Percent, Undermining Democracy [pdf] is available here: http://site.pfaw.org/pdf/Predatory-Privatization.pdf
“The combination of budget deficits, anti-tax ideology, and financial predators can be deadly to the interests of citizens and communities,” said People For the American Way President Michael Keegan. “Right-wing anti-government and anti-union ideologues are exploiting tough economic times and taking advantage of desperate public officials. The public picks up the tab but gives up control and accountability. The public good should never be on the auction block. If citizens are not vigilant, they will end up paying a terrible long-term price for deals to plug short-term budget holes. ”
Among the examples examined in Predatory Privatization:
The report also gives individuals advice on how to protect the public interest by responding strategically to privatization schemes, including a set of crucial questions that public officials should be forced to answer before voting on any proposal.