Portside

A self-funding national infrastructure bank modeled on the “American System” of Alexander Hamilton, Abraham Lincoln, and Franklin D. Roosevelt would help solve not one but two of the country’s biggest problems.

Despite the warning signs all around us, the Departments of the Treasury and Transportation appear to be running headlong into a crash - and not just the kind of crash that takes place on a highway. The Obama administration appears to have bought into Public Private Partnerships spinning straw into gold.