Off-Topic: Cantor is a traitor?????

Hampton Topics

(Hampton Specific)

0 messages

Updated

Off-Topic

Lakes Online Forum

83,629 messages

Updated 5/22/2024 1:39:30 AM

Boat Maintenance

Lakes Online Forum

5,193 messages

Updated 4/3/2024 3:47:36 AM

Hampton Fishing

(Hampton Specific)

0 messages

Updated

Jokes

Lakes Online Forum

4,169 messages

Updated 4/15/2024 11:05:05 PM

Sports

Lakes Online Forum

4,260 messages

Updated 3/24/2024 9:24:45 AM

Grilling & Recipes

Lakes Online Forum

2,976 messages

Updated 3/20/2024 11:53:43 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	Barneget -
	Subject:	Cantor is a traitor?????
	Date:	8/24/2010 8:10:04 PM

Could todays unnecessary bridge to nowhere be a visionary, futuristic investment? Of course it can! Just like a bridge in the poor area, with limited industry, jobs, skills base. Putting up the interchange may, or may not, produce the desired results in the specified time. The locals have a 5% risk, state 10%, taxpayers all across the country pickup the balance of the tab. IMHO, interchange construction is pork, outside the scope of our Constitution. It is not a Federal issue. It belongs to the local and state governments. My business benefits from the construction of a $66 million 5 lane interchange, built on a road to nowhere. The traffic control system cost nearly $4 mil. So, the city has the interchange for less than the cost of the traffic signals. Federal taxpayers meantime are on the hook for more than $55 mil. Total sales tax generated around the interchange, at 09 rates, would meet the project cost in just under 24 years. Income tax? $66000000/(HC * $10/hr*2080*17%) leads us to a 46.5 year return. 17% is the combined Fed and State rate for $10. 24 years? 46 years? Earmarks or Pork? Typical, I think.