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re: What's wrong with selling public assets?

Posted on 6/16/14 at 9:10 am to
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10056 posts
Posted on 6/16/14 at 9:10 am to
Like when Chicago sold it's parking system rights? Maybe an Arab wealth fund will swoop in and buy Detroit. Wouldn't that be nice?

Looks like selling public assets at absurd discounts worked well for Russia when the USSR collapsed, privatization by way of shady deals. I mean, look at all those new billionaires.
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