Privatization is a term that is being heard more and more throughout the United States as governments have problems creating balanced budgets.  Many have found that “selling off” public assets save political face, covering today’s costs and leaving revenue problems to be solved in the future.  Is that good or bad?

The most current and hottest “sale” example in Chicago is the parking meter deal. That issue still sends even mild mannered people into fits of babble and an occasional foaming at the mouth. Since then, Mayor Daley has indicated that “all things are on the table” when it comes to finding ways to balance the city’s budget. Starting last May, water privatization was mentioned. That possibility has sent many into a surge of activity.