More on the NAU

Rudy Giuliani Benefits From Sale Of U.S. Highways To Foreign Companies; Q&A With Pat Choate On Privatizing U.S. Highways & The NAFTA Superhighway


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The sell-off of American highways to private companies coupled with the controversial plan to build the "NAFTA Superhighway" has become an explosive political subject in many states. The influx of foreign companies involved in becoming owners of public assets has further enraged the public, as have details about their financial ties with some of the country's most well-known politicians.
One of the biggest whoppers in the whole debate about political patronage and the sell-off of public infrastructure concerns the $100-million buyout of the firm owned by Republican presidential contender Rudy Giuliani by Macquarie, the big Australian investment banking firm.
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