Bending the Third Rail
Because We Should, We Can, We Do
Tuesday, April 18, 2006
For Sale: America
One piece at a time.
INDIANAPOLIS — In the biggest highway privatization deal in U.S. history, state officials last week signed an agreement to turn the 157-mile Indiana Toll Road over to a foreign consortium that will operate it for a profit for the next 75 years.
Under the lease, Spanish-Australian consortium Cintra-Macquarie will pay the state $3.8 billion up front and will be responsible for operating and maintaining the highway. It will get to keep the toll revenue it collects.

Lady Liberty is looking more like a 'ho every day.
Written at 5:21 AM by Lynne.
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