Privatization

Stocks in the for-profit prison sector skyrocketed after the election of President Donald Trump. The Obama administration and Democratic presidential candidate Hillary Clinton had both pledged to phase out their use by federal authorities — an approach Trump rejected. But the industry hasn’t seen the sustained boost many investors expected.  Click the audio player above to […]

With the looming congressional testimony of former FBI Director James Comey later this week, the White House is hoping to give Americans something else to focus on —infrastructure. Speaking from the Rose Garden earlier today, President Trump announced a proposal to separate the nation’s air traffic controllers from the FAA, placing them under the control […]

Many want the quasi-governmental outfits snuffed out for good

An expensive turnpike study by KPMG was expected to be presented at a regular Ohio Turnpike Commission meeting today. But it didn't happen. So, speculation continues about Gov. John Kasich's proposal to sell or lease the Ohio Turnpike to investors.

As cash-strapped local and state governments look to raise more money, many are moving toward privatizing things that used to be public. Is it a good decision?