Tag Archive | "50 year contract"

Mexican company secures 50 year contract for TTC

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Super highway routeThe Texas Department of Transportation has very controversial plans to build a super highway through Texas generally from the Dallas area to the Brownsville and Laredo area.  It’s clearly aimed at giving the Mexican trucking industry a clear super highway directly into the U.S. 

There are many controversial issues, but this is the chart topper of them all.  The Department of Transportation has awarded a contract to a Mexican company, Cintra Concesiones de Infraestructuras de Transporte, S.A., to construct the super highway and given the company a 50 Year Lease to operate and collect tolls.  OMG!  Why does the great country of the United States need to finance highways with foreign corporations? 

I know one good reason and it’s been reported on already by Cannonspeak.  The federal government is not providing the states with adequate funds for infrastructure, because so much money has been spent on the War in Iraq.  Congressman Yarmouth estimates the cost of War in Iraq as “more than half trillion dollars”. 

Write your senators and representatives and tell them you don’t want the U.S. government to sell highways, ports, airports or any other public facilities to foreign entities.

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