P3
P3 are Public-Private-Partnerships. They 'perfect' public service contracts by assigning intangible assets, notably residual control rights, to for-profits. Mining Public Assets shows P3 were spawned in the 1980s, when no one valued intangibles. Corporate raiders 'perfected' for-profits by hostile takeover of businesses that valued intangibles at zero, selling tangibles as parts. So private entities discovered intangibles. Public entities still do not. So they are still being sold for parts. This is clear in Duval-Jax.
We got lucky when Aaron Zahn pushed P3 sale of JEA from Florida-legal to Federal illegal corruption. The then-Mayor arranged a Florida-legal honey pot of billions to curry favor with political supporters in 'private' parts of P3, beyond Florida's Sunshine Law. Zahn's crime was putting his private parts where Sunshine shines. So JEA moved to a back burner. The P3 grift is now honey pots mining our schools and homes, as explained in Groundless Schools and Disastrous Disaster Insurance.
Mining public assets
P3 strip public assets as corporate raiders did businesses, a half-century ago. ee here.
Why Duval-Jax? See here.
Groundless schools
'School choice' takes ground out from under education. Literally. As explained here.
Tax dollars pay for capital assets on land taken by private entities. More here.
Beneficiaries (charter schools) spend half as much on instruction per student, and 'transfer price'. More here.
