On April 30, 1992 President George H.W. Bush signed Executive Order No. 12803 – Infrastructure Privatization. By doing so, he erased Federal roadblocks preventing cities and states from leasing public assets (such as roads) to private investors and corporations. This Order opened the door for local governments to sell the rights to these assets for hundreds of millions of dollars under the guise of “economic development.” The Kelo v. New London case took this step even further by allowing local governments to seize “privately owned property” for the same alleged goal of improving prosperity for the entire community.

These so-called “comprehensive development agreements” are exploding all across the nation. New Jersey Governor Jon Corzine, for example, hopes to “lease” the rights to both the New Jersey Turnpike and Garden State Parkway for $8 billion. But not a dime of this will go to real “economic development.” Instead, Corzine hopes to use this one time windfall to pay off New Jersey’s massive welfare state debt. And this is just one case where “Public-Private Partnerships” (PPP) are being used by states and cities across the nation. Without them, the Texas Transportation Corridor (TTC) would not be possible – and neither would the rest of the envisioned NAFTA Superhighway. But these PPPs are by no means limited to roads and/or to the NAFTA Superhighway. As Jerome Corsi wrote in The Late Great USA, “Now, investment bankers worldwide are rushing to benefit from the huge fees they know will be realized as PPP projects in the United States privatize a wide range of public infrastructure, including highways, schools, water departments, and prisons.”

The bottom line is that the politicians have, through massive, reckless, and irresponsible welfare state and pork barrel spending, bankrupted America's cities and states. They are in debt and understandably reluctant to ask for new taxes. So their solution is to sell off our nation, piece by piece, to the highest foreign bidder and let some future generation worry about the consequences. Schools, prisons, highways, airports, and seaports are already, or soon will be, up for sale all across the nation. Powerful multinational corporations like Lehman Brothers, Goldman Sachs, and JPMorgan are all looking to cash in. And governments from Texas, Virginia, Indiana, Louisiana, and many other states and cities are increasingly willing to help them do so.

None of this is a secret. The U.S. Department of Transportation is openly promoting this concept through its own PPP website. There are literally dozens of corporate and foreign sponsored sites promoting the idea as well including “The National Council For Public-Private Partnerships” and “HM Treasury”, the United Kingdom’s economic and finance ministry.

The PPPs are a major key to the North American Union (NAU) and the NAFTA Superhighway. They must be exposed. And they must be stopped.