Preface: The war between liberals and conservatives is a false divide-and-conquer dog-and-pony show created by the powers that be to keep the American people divided and distracted. See this, this, this, this, this, this, this, this, this and this. So before assuming that privatization is a good thing, read on.
If these resources had always been in the private sector, that would be fine ... that would be free market capitalism. But if they were purchased on the people's dime with our taxpayer funds and then sold to the big boys for cheap, that's not capitalism ... that's looting.