Major Moves Privatization Glossary of Terms

MAJOR MOVES:
    Governor Mitch Daniels' public relations title for a legislation package that if passed would open Indiana roads to tolling by private companies.

"Major" because the legislative branch would grant to the executive branch to give up authority and control over transportation and trade corridors for quick capital access. Note: The executive Branch appoints the Department of Transportation commissioner who would be granted long term leasing options on public transportation corridors.

Major Moves II:
    Post passage of the bill "Major Moves" the moniker was moved to name the INDOT ten year budget plan generally with other state funding initiatives thrown in for good measure when politically expedient. Major Moves/ The INDOT budget, has allowed legislators who voted for "MM- the bill" to claim over $14 billion dollars in benefits by voting for a $3-point something billion dollar road privatization-75 year lease.

Major Moves III:
    Moniker moved again. Now any construction project by INDOT is called "Major Moves". Propaganda package assuming that nothing in the state would have happened without the sale of the Indiana Toll Road.

An Indiana Glossary of Privatized Tolling Terms. In politics, everything is a war of words. Private Toll Roads in Indiana is no exception:
Supporters of Toll/ Privatization,	Opponents of Major Moves
MAJOR MOVES: Governor Mitch Daniels' public relations title for a legislation package that if passed would open Indiana roads to tolling by private companies. "Major" because the legislative branch would grant to the executive branch to give up authority and control over transportation and trade corridors for quick capital access. Note: The executive Branch appoints the Department of Transportation commissioner who would be granted long term leasing options on public transportation corridors. Major Moves II: Post passage of the bill "Major Moves" the moniker was moved to name the INDOT ten year budget plan generally with other state funding initiatives thrown in for good measure when politically expedient. Major Moves/ The INDOT budget, has allowed legislators who voted for "MM- the bill" to claim over $14 billion dollars in benefits by voting for a $3-point something billion dollar road privatization-75 year lease. Major Moves III: Moniker moved again. Now any construction project by INDOT is called "Major Moves". Propaganda package assuming that nothing in the state would have happened without the sale of the Indiana Toll Road.	MAJOR MOVES: Relocating one's residence. If forced, economically damaging or disruptive to family relationships usually "major". MAJOR BAD MOVE: Alternatively "Mitch's Mistake" or "Major Mistake" Reference to long term lasting negative ramifications from privatization of private property and public roadways-.
Commerce Connector: A Indiana Governor Daniels' proposal made the day after the mid-term elections in 2006. A privatized toll road connecting Pendleton, Greenfield, Shelbyville, Franklin Martinsville to I-70, creating great wealth and providing extra lease money to build I-69 from Indianapolis to Evansville.	Commerce Connector/ CC or TCC-I69 (aka Comedy Corridor) This is SIU #2 in the Federally mandated study of NAFTA Corridor 18, I-69. Known by opponents as TCC-I69 (Tolled Commerce Corridor I-69.) Daniels' was granted privatized tolling authority for I-69 SIU#3 in the 2006 legislative session. A Federal Law Suit forced Indiana to withdrawal tolling from the Evansville to Indianapolis I-69 study because INDOT's "I-69 TIER 1 TOLL ROAD RE-EVALUATION REPORT" proved for a third time that this section of road is toll unfeasible. The Commerce Corridor is a Daniels' effort to transfer the limited privatized tolling authority granted him alive by requesting transfer from SIU #3 (Evansville to Indianapolis) to the CC.
Concession: A Privately operated Toll Road	Concession: Giving something up to get something. We consider the long term leasing of our trade and transportation corridors to great of a "concession" for too little benefit. Private Toll Road: A Tolled Road owned by corporation(s), avoiding property tax by decades long leasing of lands from the state. Collecting Toll-tax and sending the tolls collected to other international road projects.
Concessionaire: The private company that operates a private toll road.	Privateer: The private company that operates a private toll road. As control of trade routes, it is not unlike the original meaning, privateer.
Concession Agreement: Long Term Privatize Tolling contract, granted by the state.	Privatized Tolling Contract: A long term tolling contract of state owned existing public roads or for the construction of new roads. These contracts are usually for 50, 75 or 99 years.
Toll: Commerce, a fee paid to a business for access to a traffic route.	Toll: A tax. In this case, paid to a foreign corporation as likely to build the next road on the opposite side of the earth as benefit the taxpayer directly.
Private: Not the Government. Corporations are "Private"	Private: That which is owned by an individual, family or local business.
Public: The Government.	Public: People, usually local.
Government: A Public organization funded by taxes, usually inefficient, providing a poor value, to be discarded at every opportunity.	Government: Funded by taxes, a social contract between people of an area to provide services (like roads) and social order for the benefit of the majority with as little injustice to what is "private" as possible to achieve that goal.
3-P: Public Private Partnership	3-P: Protect Private Property 3-P: Privatization vs. Private Property 3-P: Privatizing Private Property (through eminent domain) 4-P: Privateering Public & Private Property 4-P: Privatization VS. Public & Private Property
Social Contract: (Humor) Not used, but if presented as a question, "What is the Social Contract?" it would create in the mind of a supporter of Major Moves an image of a contract signed in a friendly situation, perhaps with cocktails served.	Social Contract: (Philosophical) The reasons that governments are useful to individuals in a society. Preserving transportation corridors for freedom of movement is perhaps the most important shared need of "we the people" in a private property society. It is most basic to government's reason to be. Preserving as a unified working "system" for the maximum benefit of society is a most honorable job of government.
Future/ Futuristic: Looking back at what worked for the past 100 years and calling for more of that for the next 100 years. Those who point to studies that show no jobs or economic value to toll roads or interstates are labeled not futuristic by this side.	Future/ Futuristic: Looking back at what was, comparing that to what is. Recognition of an accelerating rate of change and using the past to recognize the future is unknowable. Keeping options open for unknowable modes and methods while preserving what is private and public as free of encumbrances as possible. This side points to the invention of the bicycle was 145 year past, the car 109 years. They claim INDOT does not have the imagination and skilled attorneys to craft contracts that will imagine all future needs for the transportation corridors public lands trusted to government.
Profit: Net return on investment. Gross tolls collected minus Costs of operation. Maximizing profit is good. Minimizing costs good. Principles of competition and reinvestment will result in lobbying against competing roads and investment of profits wherever in the world, next.	Benefit: Government good management. Providing a service to the majority with as little injustice to what is "private" as possible to achieve that goal.
CDA-- Comprehensive Development Agreements (CDAs): Public use pending now only used in private meetings with potential players.	CDA-- Comprehensive Development Agreements (CDAs): Road and land development contracts that hand over tax dollars, public highways, public right of way, and private property to private corporations for profit. Origin Texas. CDAs are a tool created to hold back public disclosure, public debate, legislative oversight, open and transparent government and local control. The short history of the CDAs have proven powerful tools for privatization/government agreement secrecy. Learn More
CDA or Comprehensive Development Agreement: A tool to protect the "intellectual property rights" of a lease winner corporation, blocking the open and transparent government and local control that would be the case of a municipal, state or federal infrastructure project. CDAs are in use in Indiana to keep portions of the Indiana Toll Road "Concession Agreement" closed to public inspection. CDAs are being used in Texas despite disclosure rulings by the Texas Attorney General. They are currently in court action.	CDA/ Comprehensive Development Agreement: Corporations granted eminent domain purchase powers of the state over private property use CDA to protect their intellectual property from government in the sunshine. CDAs are the special interest tool created to hold back public disclosure, public debate, legislative oversight, open and transparent government and local control. The short history of the CDAs have already proven to be rife with secrecy.
Private Activity Bonds (PAB): A funding method that allows a private company to build a Toll Road with USA federal bond money and then the private consortium takes significant control and all profits for the length of a long term agreement. Profit and liability guarantees back by federal and state government are included to reduce risk for the concessionaires. Learn More	Private Activity Bonds (PAB): USA Federally bonded loans granted to private corporations regardless of country of majority ownership. As used in road tolling, these guaranteed low rate bonds pay for the "building" expenses of toll roads built as terms of long range build/ lease contract agreements. Public bond funds build the roads and foreign consortiums take all the (also guaranteed) profits for 50, 75 or 100 years. A sweet deal if you can get it.
"Tolling and Pricing" A provision of the 2005 Federal Highway Funding Law. So far, Governor Daniels denies the ability to convert existing interstates to toll roads that these new provisions allow.	"Tolling and Pricing": A provision of the 2005 Federal Highway Funding Law that will allow virtually any existing interstate to be converted to a toll road. The disclaimers pointed to as limiting this possibility are actually minor qualifiers to make any existing interstate easily qualified for conversion to a toll toad for privatization. Learn more
Users or Customers: Motorists who "use" the road and pay tolls	Users or Customers: We are taxpayers, not "users" or "customers". We are "taxpayers" and "travelers" -- not "motorists", because our transportation corridors might be used differently in the future. See "Social Contract" above.
Valuation: Valuation: means what is someone willing to pay for something. Providing higher tolls, longer duration of contracts, guaranteed volumes of "customers/ road users" and buy-back provisions improve the "value" to investors of the contracts as an investment. These "backside-costs provisions in concession agreements to users/ customers increase the "value" to investors and thus increase leased asset sale price.	Valuation Taxation: Each road privatization is the creation of a new "investment instrument". Road segments are internationally traded as "life-long" properties and assets, 50, 75, 99 year international trade agreements. They are labeled "utilities" and seen as safe because the public must bail them out if they fail. Valuation is what investors will pay for this asset. Hot potato investors risk that they will not get caught holding the assets when a "multiple of earnings" purchase price will "burst the bubble" and bankrupt the investment. By writing in backside guarantees, increasing user fees and buy back provisions, politicians have provided backside guarantees for investors that we label as "valuation taxation".

An Indiana Glossary of Privatized Tolling Terms.