Public Private Partnerships 101 with Dr. Herbert W. Titus

Public Private Partnerships 101

Guest: Dr. Herbert W. Titus - Constitutional and Common Law Scholar, Educator and Bible Teacher. Visit http://herbtitus.com/

• What is a Public Private Partnership (P3s)?
• Why have P3s become so popular for large public works projects?
• Do P3s subsidize private corporations with taxpayer money?  If yes, How much is the taxpayer on the hook for?
• What is the impact of P3s on a "Free Market"?
• Is it Constitutional to use public monies for the profit of private interests? 
• Some say P3s create "off the books accounting". Basically, P3 financing is not reported as a public debt, but the taxpayers are in fact on the hook for the private entity's ownership/partnership. Is this true?
• Canada - The Problem with Public-Private Partnerships - Economic crisis exposes the high costs and risks of P3s  See more at: https://www.policyalternatives.ca/publications/monitor/problem-public-private-partnerships#sthash.hQFmWxhE.dpuf
• U.S.A, - Cintra, Macquarie file bankruptcy on Indiana Toll Road  http://www.examiner.com/article/cintra-macquarie-file-bankruptcy-on-indiana-toll-road
• Bottom line - Conclusion - Are P3s a positive or negative to Americans?  Are we better off with or without them?