Blackwater Won Contracts Via Dozens Of Dummy Corporations
Saturday, September 4, 2010
On June 29, 2006, former Bush administration official and Indiana governor Mitch Daniels told a room full of reporters and state lawmakers that "Indiana had received $3.8 billion from a foreign consortium made up of the Spanish construction firm Cintra and the Macquarie Infrastructure Group (mig) of Australia, and in exchange the state would hand over operation of the 157-mile Indiana Toll Road for the next 75 years." In return, the consortium's contract yielded "hundreds of millions of dollars in tax breaks", "immunity from most local and state taxes", "all the tolls, which it was allowed to raise to levels far beyond what Hoosiers had been used to. By one calculation, the Toll Road would generate more than $11 billion over the 75-year life of the contract, a nice return on mig-Cintra's $3.8 billion investment."
Stop privatizing government services and U.S. resources now.
Read the Article at HuffingtonPost
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