MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
Though it was removed from the budget repair bill, Gov. Scott Walker's plan to privatize Wisconsin's state-owned power plants remains alive. ...
The controversial plan was the focus of another dustup this week when the State Building Commission approved spending $9 million for upkeep and improvements at the plants prior to their sale — a move slammed by Democrats. ...
The proposal as it appeared in the budget repair bill called for selling all 37 power plants, including the Charter Street Heating and Cooling Plant on the UW-Madison campus, to private operators. Most controversial, however, were provisions to sell the plants with no bids and with no review by the Public Service Commission. The plan also gave the state the authority to decide what constitutes a fair selling price.
[No bids! h/t Econbrowser]