BROWN, GANSLER, MIZEUR ARE ALL NEO-LIBERALS!
FROSH, FRICK, AND JON CARDIN ARE VISIGOTH ATTORNEY GENERALS IN WAITING!
Below we see how this public private partnership is in fact a very, very, very bad deal for Maryland citizens. As we see, this is a 50 year deal that gives Maryland a few million in lease while the private company operating the Port is in line to earn billions if the expansion occurs.
Below you see news on the Port of Baltimore from almost two decades ago and then from the last few years since O'Malley and neo-liberals have privatized the Port allowing a Swedish corporation run it while preparing to make the Baltimore harbor an international destination for massive cargo ships just so the 1% in Maryland can be part of a global enterprise. As you can see, it has no value to citizens of Baltimore and and job development....it is purely designed to take a public asset and create a hugely profitable business for the very few.
You can listen to the Longshoremen's Union to understand this isn't about job creation and tax revenue for the state....IT IS ONLY ABOUT SENDING PROFITS TO THE 1% IN MARYLAND.
As is true with all Maryland media coverage over and again the headlines JOBS/TAX REVENUE INCREASES/DEVELOPMENT GOOD FOR THE CITY all over the place. NONE OF IT IS TRUE!
In 1996 we see the Port of Baltimore claiming $2 billion in economic activity with 62,500 jobs tied to the port and $141 million in tax revenue. The business that made these figures are leaving as the price of doing business in a global harbor is getting too steep. The jobs created by the merger with this private corporation appear to be 2,700. The Longshoremen have been on strike twice in ten years because the private partner is trying to union-bust and break wages and benefits. As with other port privatizing they are outsourcing port jobs overseas while downsizing unions employees. SO MUCH FOR JOB CREATION AND GOOD PAYING JOBS! No doubt the wages and benefits can come down for these well-paid workers, but we know how low they intend to go.....it will be poverty....just like the MTA employees privatized with VEOLA.
So this is a huge issue for labor and no one I know likes the Port of Baltimore being turned into a destination for gigantic rust-filled ocean cargo ships. Think what dredging will bring up and it is all because the 1% want profit from being part of global shipping. IT IS ABSURD!
Just as Visigoth is that all of these Port Authorities across the country that privatize like this are already full of fraud and corruption and refusing oversight. They are quasi-government for a reason you know!
Dredge or die Port of Baltimore: Navigable channel is essential in cutthroat maritime world.
.September 12, 1996 Baltimore Sun
ENVIRONMENTALISTS won't like aspects of the Glendening administration's plan to dispose of dredged material from Chesapeake Bay harbor channels. Neither will penny-pinching conservatives. Or some watermen. Yet implementing the program is key to keeping the Port of Baltimore competitive in a cutthroat maritime industry.This is no small matter. The port accounts for over $2 billion a year in economic activity. It creates employment for 62,500 Marylanders. It generates $141 million in state and local taxes.
This is the current stats given on state websites: Keep in mind this is a 50 year agreement.
...... the partnership between the MPA and Ports America has the potential to generate up to $1.8 billion in total investment and revenue to the State of Maryland over the life of the agreement.It will also generate $15.7 million per year in new taxes for Maryland. 2,700 permanent direct, indirect and induced jobs will come from the increased and sustainable container business that the Port will see upon completion of the 50-foot berth and the completion of the Panama Canal project
SURPRISE----NO OVERSIGHT IN MARYLAND!!!
I DIDN'T SEE THAT SAYS MARYLAND'S ATTORNEY GENERAL GANSLER!!!!
What they are saying is that this partnership at the Port will allow the private company to simply lease from the state for $3.2 million a year and keep all profits generated from dredging into an international port. Remember how gambling passed in Maryland because O'Malley said almost 60 percent of the profits would come to the state and schools? Now, we have 25% coming from table games....the biggest revenue maker in gambling. Profits for the corporations are huge. So none of these public private partnerships is about jobs and creating revenue for the state or city----it is completely designed to maximize corporate profit.
ALL OF THE CURRENT CANDIDATES FOR GOVERNOR PLEDGE TO CONTINUE THESE PUBLIC PRIVATE PARTNERSHIPS AND LEVERAGED BOND AND TAX INCREMENTS THAT ARE MORTGAGING OUR FUTURE! ANTHONY BROWN/ULMAN.....DEPUTY DOG GANLER.....AND MIZEUR who is being painted the good neo-liberal cop!
Controls faulted at Maryland Port Administration
Posted: 6:36 pm Mon, October 24, 2011
By Nicholas Sohr
Daily Record Business Writer
The Maryland Port Administration showed “significant deficiencies” in its oversight of more than $60 million in revenue and $15.3 million in payments in fiscal 2010, state watchdogs said in an audit released Monday. The issues raised “could adversely affect MPA’s ability to maintain reliable financial records [and] operate effectively,” according to the Office of Legislative Audits, ...
'After making an annual payment to the Maryland Port Authority, the port operator will receive the net revenues from the business developed by the expanded terminal facility'.
Audit Report Department of Transportation Maryland Port Administration
In exchange, MPA will receive annual lease payments of $3.2 million with periodic increases based on the rate of inflation. The agreement also required the company to make a one-time payment of $140 million to the Maryland Transportation Authority, which owned the property being leased; in exchange, the Authority transferred ownership of the terminal to MPA to provide for the lease.
'during fiscal year 2010, cargo shipped through MPA’s port facilities totaled approximately 7.6 million tons, and overall port revenues totaled $69.3 million'
'The new contract will bring in 5,700 new jobs to the port, including 2,700 that will be permanent to handle increased container business and 3,000 that will be in place for three years'.
THIS IS WHO O'MALLEY THINKS WORKS FOR THE CITIZENS OF MARYLAND!!! WHAT A NEO-LIBERAL WORKING FOR WEALTH AND PROFIT ARE ALL MARYLAND DEMOCRATS!
Global reach. Local results.
Ports America is proud to be the largest terminal operator and stevedore in the United States, operating in more than 42 ports and 80 locations.
We provide clients with a distinct competitive advantage, combining the flexibility of global connection with the efficiency of local expertise. We are dedicated to customer satisfaction, consistently delivering measurable results. And our commitment to safety in the workplace is second to none.
Port Uses Public Private Partnership to Compete Against West Coast Ports
Posted on October 12, 2013 by Larry Ehl 2The Port of Baltimore used a PPP to increase odds of capturing West Coast ports business.
Instead of waiting for federal help, some ports are turning to public private partnerships for transportation improvements to improve competitiveness. Last week the House Transportation’s Freight Panel heard about a recent PPP at the Port of Baltimore.
Many states – unlike my home state of Washington – are turning to transportation PPPs as the federal and state governments find it hard to increase transportation taxes, and fuels taxes revenue declines. In Maryland’s case, the Governor’s office led the charge to establish the PPP legislation.
Earlier this year the Port celebrated the completion of a new 50-foot-deep berth and the addition of four supersized container cranes capable of handling post-Panamax ships. Link to news release.
If Washingtonians think the Port of Baltimore is not a competitor, consider this from Maryland DOT:
“Currently, a large percentage of ships use West Coast ports, requiring manufacturers to send products by rail to markets throughout the country. With the completion of the Panama Canal expansion in two years, it is expected that a larger number of ships, including new mega-ships, will travel to East Coast ports that have the infrastructure to accommodate them in order to reach customers more quickly and less expensively.”
Here is what the Freight Panel’s briefing memo stated:
A recent PPP at the Port of Baltimore provides a prime example of a freight transportation facility that was brought online as a result of cooperative planning and development between private industry and governmental entities.
In January 2010, the Maryland Port Administration and a private port operator entered a 50-year lease and concession agreement for the Seagirt Marine Terminal at the Port of Baltimore. Under the agreement, the port operator is responsible for daily operations and the construction of a new 50-foot berth, including four ship-to-shore cranes. The port operator will also make hundreds of millions of dollars of capital improvements to the terminal. After making an annual payment to the Maryland Port Authority, the port operator will receive the net revenues from the business developed by the expanded terminal facility.
The Port recently received a $10 million TIGER grant, which will be matched with $19 million in state funding.
The Port is in the midst of a record-breaking year. According to the Maryland Port Authority, nearly 15,000 people are supporting themselves and their families with direct jobs at the port. Business here supports another 40,000 jobs and statewide overall, 108,000 jobs are linked to port activities.
It appears the State of Maryland, and the City of Baltimore, appreciate the jobs and tax revenue generated by the Port.
THIS IS WHERE THE PRIVATE PARTNERSHIP WILL TAKE MIDDLE-CLASS LONGSHOREMEN!!!
ONE OUT OF TWO FAST FOOD WORKERS HAVE TO USE GOVERNMENT ASSISTANCE TO LIVE.
AFL-CIO Learn more from UC Berkeley Labor Center about how fast food corporate greed costs us all: http://bit.ly/1anxtq3
Via Wisconsin State AFL-CIO