Privatization Hangover

Nothing puts me in a right, Republican rage, than McDonnell's ABC privatization plans! Governor McDonnell is pushing for the ABC stores to be privatized so that the state of virginia can make beaucoup bucks for one fiscal year and fix the transportation crisis. Don't let him do it Virginia citizens! I am all about free markets, but privatizing the ABC stores is a bad idea during difficult economic times.

The ABC stores are cash cows. In 2009, they generated about 111 million in profits which were allocated to education and the Virginia General Fund. If the government Privatizes ABC stores, they estimate that they will get a ONE TIME 500 million dollar revenue bump from selling but it is unclear how much revenue will be generated over time. So basically, Government McDonnell looks great in 2011 and is out of office before the revenue hangover hits.

I haven't seen the state publish an analysis of this issue which makes it fishy as hell. Why would you mess around with something that actually works?! And in the most difficult economic climate since the 2001 recession?

Question authority! It needs to be decided by the citizens as a referendum, not this governor.