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Infrastructure

How To Cut Infrastructure Costs In Half

By Ellen Brown for The Web of Debt Blog - President Donald Trump has promised to rebuild America’s airports, bridges, tunnels, roads and other infrastructure, something both Democrats and Republicans agree should be done. The country needs a full $3 trillion in infrastructure over the next decade. The $1 trillion plan revealed by Trump’s economic advisers relies heavily on public-private partnerships, and private equity firms are lining up for these plumbing investments. In the typical private equity water deal, for example, higher user rates help the firms earn annual returns of anywhere from 8 to 18 percent – more even than a regular for-profit water company might expect. But the price tag can come as a rude surprise for local ratepayers.

Thousands Of Invisible Oil Spills Are Destroying The Gulf

By Emma Grey Ellis for WIred - HURRICANE IVAN WOULD not die. After traveling across the Atlantic Ocean, it stewed for more than a week in the Caribbean, fluctuating between a Category 3 and 5 storm while battering Jamaica, Cuba, and other vulnerable islands. And as it approached the US Gulf Coast, it stirred up a massive mud slide on the sea floor. The mudslide created leaks in 25 undersea oil wells, snarled the pipelines leading from the wells to a nearby oil platform, and brought the platform down on top of all of it. And a bunch of the mess—owned by Taylor Energy—is still down there, covered by tons of silty sediment. Also, twelve years later, the mess is still leaking.

More Thoughts On Trump’s $1 Trillion Infrastructure Plan

By Ellen Brown for Web of Debt Blog - The Trump agenda, it seems, is not set in stone. The president-elect has a range of advisors with as many ideas. Steven Mnuchin, his nominee for Treasury Secretary, said in November that “we’ll take a look at everything,”even the possibility of extending the maturity of the federal debt with 50-year or 100-year bonds to take advantage of unusually low interest rates. Steve Bannon, appointed chief White House strategist, seems to be envisioning Roosevelt-style experimentation with whatever works. “We’re just going to throw it up against the wall and see if it sticks,” he said in an interview posted by Michael Wolff on November 18th...

Let’s Rebuild Infrastructure, Not Provide Tax Breaks To Big Corporations

By Bernie Sanders for Medium - Our infrastructure is collapsing, and the American people know it. Every day, they drive on roads with unforgiving potholes and over bridges that are in disrepair. They wait in traffic jams and ride in overcrowded subways. They see airports bursting at the seams. They see the need for a modern rail system. They worry that a local levee or dam could fail in a storm. During the presidential campaign, Donald Trump correctly talked about rebuilding our country’s infrastructure.

Trump’s $1 Trillion Infrastructure Plan: Lincoln Had Bolder Solution

By Ellen Brown for Counter Punch - It sounds great; but as usual, the devil is in the details. Both parties in Congress agree that infrastructure is desperately needed. The roadblock is in where to find the money. Raising taxes and going further into debt are both evidently off the table. The Trump solution is touted as avoiding those options, but according to his economic advisors, it does this by privatizing public goods, imposing high user fees on the citizenry for assets that should have been public utilities.

Why Is US Unwilling To Pay For Good Public Transit?

By John Rennie Short for The Conversation. Officials in Washington, D.C. said this week they may have to shut down portions of the Metro subway system for months because its piecemeal approach to maintenance is no longer sufficient. The disclosure follows a shutdown of the entire Metro system on March 16 for 24 hours. Three-quarters of a million people use the system each weekday, so the inconvenience and cost were considerable. The reason: frayed electrical cables discovered in at least 26 locations that posed an immediate danger. Closing the Metro was probably the safest thing to do. Just two days previously, an electrical fire in a tunnel forced stoppages to busy commuter service.

Lost Opportunity: Jobs, Infrastructure & Water Poisoning

By Dean Baker for Truthout - We all understand the concept of trade-offs. If we spend more of our paycheck on restaurants, then we will have less money for rent. If we spend more time watching television we will have less time to read or do sports. There will often be similar sorts of trade-offs in public policy decisions. If we spend more money on health care then we will have less money for education or child care. But trade-offs in public policy decisions don't always work that way.

Newsletter: After The Crash…

By Kevin Zeese and Margaret Flowers for Popular Resistance. The economic agenda described here would create a radical transformation of the economy from a top-down system designed for the wealthiest, to a botton-up system that creates a foundation for an economy that benefits all. Putting in place this economy would move us from a plutocratic economy to a democratized economy where people have economic control over their lives. It is a radical shift – how can it happen? There is only one path – the people must be educated, organized and mobilized to demand it. We need to change the political culture to one where the necessities of the people and protection of the planet are the priorities of the economy. If predictions are correct, the next economic collapse will deeper and more damaging than the 2008 collapse. It will be a tremendous opportunity to demand radical economic change. It is one the movement for economic, racial and environmental justice should be preparing for now.

Latest Infrastructure Disaster, Amtrak Derailed

The May 12th train derailment near Philadelphia, which killed eight people and hospitalized 200, was the deadliest Amtrak accident in recent history. The train barreled around a dangerous bend at 106 mph, more than double the 50 mph speed limit for the curve. Whether this was due to operator error or mechanical issues is not yet known. But experts say the derailment might have been averted by a safety system called positive train control, which can automatically reduce the speed of a train that is going too fast. The system must be installed on both the train and the route. The Amtrak train had it, but on that stretch of track in that direction it was not yet operational. Why not? The stretch was known to be dangerous. Nearly 80 passengers died near the spot in an earlier derailment in 1943. Absence of positive train control was also cited as a factor in the fatal 2013 crash of a Metro-North train in the Bronx.

Can’t Talk Amtrak Derailment Without Talking Infrastructure

At least six people have died and more than 140 people are injured in the wake of the deadliest Amtrak derailment in recent history. Amtrak Northeast Regional Train 188 rolled off the tracks while rounding a bend near Philadelphia, according to NBC Philadelphia, while carrying 238 passengers and five crew members. As officials sort through the wreckage and try to determine the cause of the tragedy, the Northeast Corridor — Amtrak’s busiest and most profitable route between Boston and Washington — will be shut down for an indeterminate amount of time. Already the densest rail route in the U.S., aging Northeast Corridor trains are grappling with more riders than ever. The route has steadily broken ridership records every year for more than a decade — last year, 11.6 million people rode a Northeast Corridor train.

Don’t Take our Post Office Away: Saving the US Postal Service with Jim Sauber

Economist Jim Sauber who serves as Chief of Staff to the President of the National Association of Letter Carriers (NALC)
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