Hudson State Approves Privatized Municipalities

Political event

The state government of Hudson approves the sale of municipal governments to private entities.

The state of Hudson, in a bid to bail out cities which can no longer pay employees or fund city services, approves the sale of municipal governments to private entities. Corporations on the federal government created, "Patronage 200" Index have been approved by several states, and now Hudson, to take over city governments at no cost, presuming they also permanently incur their current debt.   The plan is that state governments, which have heavily invested in corporate bailouts through federal government programs, will see a future surplus at which point they would buyback the municipalities.   The outlined timeline for these buybacks is within 5-10 years of corporate purchase assuming they have returned to 'profitability.'