There are those who think the answers to economic progress in a democracy are simply to be had by privatizing everything as much as we can as soon as we can, all the while de-regulating the market place. (Both nationally and locally.) In case you are not yet sure how you feel about that—or even if you think you are, consider your almost 1000% increase in tolls on the Greenway. If that’s not enough to get you “into the streets,” then consider also this local example:
In a current HOA condominium neighborhood in Loudoun, a recent discovery was made of structural repairs needed. There are two cost options for these repairs: 1) $2 million dollars; or 2) $700,000. A vote will be taken of homeowners (never mind the ones who lease and whose lease will increase. They can’t vote.) There is a corporation that owns several investment condos in the community. It gets to vote each piece of property it owns. The rule is “one property = one vote,” not “one person, one vote.”
BUT, each and every homeowner will be assessed either $3500 or $10,000 depending upon the choice this one company makes.
In other words, there is only 1 absentee landlord making this decision – not the resident owners who live in the neighborhood, although they will share the cost burden – most of them seniors or working families… many of them with mortgages under water as a result of the last housing debacle.
Moreover, who will guard against the possibility that the whole repair proposal is possibly a fraudulent scam? The only people who could afford the lawyer to do that are the ones who stand to benefit from having homes dumped on the market at a low price that they can snap up for investment purposes.
THIS is how wealth is transferred from the bottom up… and only a small example. THIS is how we become dis-enfranchised and will increasingly so when corporations own everything. They have already bought Congress and the investment HOAs, and a commuter highway. Why is anyone so eager to give them more?