Comments on: The WonkLine: July 9, 2009 http://wonkroom.thinkprogress.org/2009/07/09/wonk-070909/ Thu, 26 Nov 2009 16:42:01 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: stateofthedivision http://wonkroom.thinkprogress.org/2009/07/09/wonk-070909/comment-page-1/#comment-155216 stateofthedivision Thu, 09 Jul 2009 16:36:37 +0000 http://wonkroom.thinkprogress.org/?p=18273#comment-155216 <em>“the 100 largest metropolitan areas are getting less than half the money from the biggest pot of transportation stimulus money.” </em> These plum franchises are set aside for private infrastructure development. Private equity underwriters have billions on the sidelines, ready to invest in public-private infrastructure projects. Obama's $10 billion National Infrastructure Bank stands ready to provide financing. Socialize the losses (rural infrastructure development), privatize the gains (urban infrastructure projects). “the 100 largest metropolitan areas are getting less than half the money from the biggest pot of transportation stimulus money.”

These plum franchises are set aside for private infrastructure development. Private equity underwriters have billions on the sidelines, ready to invest in public-private infrastructure projects. Obama’s $10 billion National Infrastructure Bank stands ready to provide financing.

Socialize the losses (rural infrastructure development), privatize the gains (urban infrastructure projects).

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