Please explain how a city or state or the feds can sell off public properties to foreign interests? I know Canada owns a lot of our forests (don't they have forests?) and gold and mineral mines... and Clinton gave the UN say over our waterways... what next?
I don't know...maybe jimmuh carter will give away the Panama Canal. Who knows?
FMCDH(BITS)
Because we have Executive Order 12803, by President Bush's Father.
Enjoy!
Section 1. Definitions. For purposes of this order: (a) “Privatization” means the disposition or transfer of an infrastructure asset, such as by sale or by long-term lease, from a State or local government to a private party.
(b) “infrastructure asset” means any asset financed in whole or in part by the Federal Government and needed for the functioning of the economy. Examples of such assets include, but are not limited to: roads, tunnels, bridges, electricity supply facilities. mass transit, rail transportation, airports, ports. waterways, water supply facilities, recycling and wastewater treatment facilities, solid waste disposal facilities, housing, schools, prisons, and hospitals.
http://waterindustry.org/12803.htm