Privatization Deja Vu
It’s the crisis of the week. Both daily newspapers in Denver are carrying stories regarding the Regional Transportation District’s (RTD) FasTracks transportation expansion plan, and it’s whopping deficit of $670 million dollars.
Because of the financial predicament, RTD is expected to privatize light rail and bus lines in an effort to reduce the damage. That means hungry bidders ready to escort members of the public to their planned destinations.
In fact, one has already been mentioned. The Rocky Mountain News featured an article yesterday about Veolia Transportation, a business with a history of heavy lobbying in Colorado. Then there are the allegations of one of the company’s subsidiaries violating state lobbying laws. From the report:
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