Friday, August 15, 2008

New York City May Be Sold

New York’s Governor Paterson recently raised the possibility that government may sell off public bridges, tunnels and roads to private groups helping offset budget deficits. Whether it’s a long-term solution or fiscal gimmickry remains to be seen. Hopefully things here won’t get to the point where this becomes necessary. However, if finances run lower, those that monitor things for the public must examine the financial details before we put a “For Sale” sign in NYC's front window.

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