Reply #37: I think these stories aren't true. They're supposed to make people [View All]

want the UofC to lose their contract so that the University of Texas and a consortium of private companies can take over the labs.

About a year ago, bidding was oppened for the management of the project and the UC partnered with a private company to maintain management. The Feds weren't happy so they reopenend bidding and raised the fee the Feds will pay to the team that wins the contract.

Isn't that mad? The point of privatization is that it's supposed to save money, right? But because the UC was the only group willing to do this job at the low contract price, that (tax-payer subsidized) fee was raised to the point that would make more private companies interested in running the project.

So, the real point of government was revealed: to channel great sums of public money into private hands.