As the United States continues to gush billions of dollars each week in Iraq and Afghanistan, states are selling off airports, parks, and other public areas to pay for basic services. This week, Gov. Arnold Schwarzenegger will propose selling San Quentin Prison, the Los Angeles Coliseum and other state-owned properties.
The fireside sale of such historic properties would raise less than a billion dollars but such short-term acts are now common. At some point the image of the U.S. giving billions to an oil rich nation like Iraq will cause a public backlash against our leaders. We have reached a point of anaerobic breakdown of our country where we are selling off basic public areas at bargain prices. The result is that a small number of companies and individuals will become fantastically wealthy by giving politicians a short-term infusion of cash.
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