The gift that keeps on taking


	The gift that keeps on taking

jdcarpentieri

7-20-2007 10:41 AM

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tags:

transport, policy, economics

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/8d6c969c-8f62-4a4b-885f-c76d3a21cde0/7094FB2B-2F53-4F64-BE51-04AA3F470A2C/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.guardian.co.uk/leaders/story/0,,2127869,00.html?gusrc=rss&feed=28" href="http://www.guardian.co.uk/leaders/story/0,,2127869,00.html?gusrc=rss&feed=28" style="font-size: 11px;">www.guardian.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/leaders/story/0,,2127869,00.html?gusrc=rss&feed=28"><P>Except that, for both the public and private sectors, PPP has become the gift that keeps on taking. Through what misty eyes must Chancellor Brown, in his 1998 spending review, have seen that his new device would "remove the need for public subsidy from 2000-01" and how disappointed must he be now, as the entire system perches on the edge of collapse - with billions of pounds in costs and liabilities about to revert to the public pot.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7094FB2B-2F53-4F64-BE51-04AA3F470A2C/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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