Is water public or private?

• Indy sells its water
• Is water public or private?
• My coworker’s favorite beer
• A Chinese clean-water stock

I was interested, and not surprised at all really, that
municipalities in the United States have started to sell their water in order
to help stem the tide of budget deficits.

From a story in
The Wall Street Journal yesterday:

“Indianapolis is selling its water and sewer systems to
a public trust to get money for crumbling streets and bridges. San Jose,
Calif., fresh from cutting 49 firefighters, might take its water utility
private. “Excess” tap water in Sacramento, Calif., is helping supply a Nestl