U.S. For Sale to Foreigners

Excerpt: Establishing public-private partnerships that give away control of U.S. infrastructure to foreigners is like playing the casino game "Texas hold'em," a top Texas Department of Transportation official told the EuroMoney conference meeting yesterday in the plush Waldorf-Astoria Hotel in New York City. James Bass, the chief financial officer of TxDOT, was speaking on the second day of a two-day seminar devoted to teaching state government officials how to lease public assets to foreign investment interests.

"Sure, you can expect political objections," Bass told the conference, "but if you play your cards right, you'll win."

WND reported last week EuroMoney shut out WND from the conference, refusing the $1,999 registration fee because WND was "too political" to attend.

Read More