HUD is Trying to Privatize and Mortgage Off All of America’s Public Housing
(David Kaib)
George Lakoff with more depressing news. HUD is seeking to privatize all public housing. Of course, this is just one more step in the process (read this in tandem with The Big Hurt's QH on SS privatization.)
The banks and developers make a fortune, with the taxpayers paying for it. The public loses its public housing property. The impoverished tenants lose their apartments, or have their rents go way up if they are forced into the private market. Homelessness increases. Government gets smaller. The banks and developers win. It is a Bank Bonanza! The poor and the public lose.
And a precedent is set. The government can privatize any public property: Schools, libraries, national parks, federal buildings - just as has begun to happen in California, where the right-wing governor has started to auction off state property and has even suggested selling off the Supreme Court building.
The rich will get richer, the poor and public get poorer. And the very idea of the public good withers.
This is central to the conservative dream, in which there is no public good - only private goods. And it is a nightmare for democracy.
We can laugh at Rand Paul all we want, but Democrats are dismantling our government, replacing the public good with private interest. Unlike Paul, they know to do it below the radar.