[CAF Note: Now that we have turned over $27 trillion in bailouts to private investors and $4 trillion is “missing”
from the US government, we are now going to transfer control of the infrastructure to private parties which they will finance
with the money we just gave them.]
By Dominic Rushe
Barack Obama unveiled new plans to pump billions into US infrastructure on Friday as he moved to return the focus back to the economy and jobs.
Calling it his “partnership to rebuild America,” Obama outlined proposals to revamp the nation’s ailing highways, bridges and other public projects at Port Miami, which is undergoing a $2bn (£1.3bn) upgrade. The president, having shed his suit jacket, stood on a platform overlooking the tunnel project on Dodge Island to outline plans officials said would put the emphasis on private financing for public projects.
“In a time of tight budgets we have got to do it in a way that will ensure taxpayers’ money is spent wisely,” he said during a short speech which lasted only a few minutes.
