% | $
Quotes you view appear here for quick access.

Corrections Corporation of America Message Board

  • GenJackripper GenJackripper May 15, 1999 2:42 PM Flag

    Government versus Privatization.

    In this case, the General is not referring to the
    incarceration industry but to the municipal water supply and
    waste collection and treatment industry.

    week's edition of The Wall Street Journal Report [Check
    your local listings for day and time. I happen to know
    that in the South Florida TV market (Dade & Broward
    Counties), for example, it airs on Sundays @ 11:30 a.m. EDT
    on Channel 10] had a segment covering the growing
    number of municipalities and water districts that have
    turned over the operation of that sector of municipal
    services to private operators and have, apparently,
    derived considerable benefits thereby.

    several cities were mentioned as having done this and
    several others were mentioned as considering doing this,
    two were highlighted, Jersey City, NJ, and Atlanta,
    GA. It was mentioned that (as I recall) there has
    been a 50% increase in the number of
    municipalities/districts turning to privatization for such services in the
    last 2 years and the numbers of them are expected to
    increase by another 35% in the next 2 years.

    General's purpose in mentioning this here is not to hype or
    tout private company's in the water supply managemnt
    industry, but rather to bring this to the attention of
    lurkers here because in viewing it, the issues presented
    were very similar to discussions on this thread re:
    "government versus private" providers.

29.81-0.18(-0.60%)Oct 6 4:03 PMEDT