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?
