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Canadian pension funds buy Chicago toll roads

serfserf Member Posts: 9,217 ✭✭✭✭
edited January 2016 in Politics
Sure looks like a good investment on the backs of the paying customers for free trade and commerce! A fee or a tax it makes no difference,it's all about the money and how to attain it!

This only shuffles some of the blame of the high cost of living away from your tax raising politicians and gives big money to corporations and the well invested. You gotta love it for your too poor to leave it!

serf

http://www.sltrib.com/home/3174736-155/canadian-pension-funds-buy-chicago-toll

Skyway represents a rare opportunity for us to invest in a mature and significant toll road of this size in the U.S.," Cressida Hogg, Canada Pension's head of infrastructure, said Friday. "This investment fits well with CPPIB's strategy to invest in core infrastructure assets with long-term, stable cash flows in key global markets."

Comments

  • spasmcreekspasmcreek Member Posts: 37,717 ✭✭✭
    edited November -1
    some places went to the voters requesting an increase in tolls after years to improve and maintain...voters said NO so it was sold to outside America...next day the tolls tripled....end of discussion
  • gartmangartman Member Posts: 660 ✭✭✭
    edited November -1
    I recall when those roads were first built we were assured the tolls would pay for the roads in a few years and they would become freeways.
  • Missouri Mule K30Missouri Mule K30 Member Posts: 2,092 ✭✭
    edited November -1
    Well that worked out pretty well.[xx(][xx(][xx(]
  • mjrfd99mjrfd99 Member Posts: 4,553 ✭✭✭
    edited November -1
    Maybe we should sell the country to the highest bidder.
    Oh wait all the POS politicraps already did.
  • serfserf Member Posts: 9,217 ✭✭✭✭
    edited November -1
    quote:Originally posted by mjrfd99
    Maybe we should sell the country to the highest bidder.
    Oh wait all the POS politicraps already did.


    The government out sources most of it's services to their brother in laws and if a sector can be purchased if it generates revenue so we the people get no benefits back just more taxes for the politicians while they get retirement funds and perks while they charge off representing the dumb slave wage earners. How much cash has Obama spent on vacations in the last eight years?

    The average person is waking up to the ponzi schemes and propaganda and soon they will show their real faces when the systems fails.(The government)

    serf

    http://www.breitbart.com/obama/2016/01/05/obama-family-vacation-breaks-bank-taxpayer-expense/

    Last month, Judicial Watch separately sued the Department of Homeland Security for ignoring 19 other FOIA requests. The FOIA lawsuit asked the court to enjoin the Secret Service from continuing to withhold responsive documents from Judicial Watch. The known total expense to the American taxpayers thus far for all the Obamas' travel is now $70,880,035.78.
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