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 U.S. for Sales to Foreigners with Texas "hold em"

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Judy
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Join date: 2007-09-19

PostSubject: U.S. for Sales to Foreigners with Texas "hold em"   Sun Sep 30, 2007 2:02 am

U.S. for Sale to Foreigners with Texas "Hold em" rules

Quote:
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."

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U.S. for Sales to Foreigners with Texas "hold em"

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