Posted on 03/14/2008 4:23:23 PM PDT by Tolerance Sucks Rocks
Trans-Texas Corridor PING!
for reference — geez
Sounds about right.
So these guys are going to operate just these two segments, 5 & 6.
Obviously, another entity is operating segments 1-4.
How many segments are there?
Sounds like an expensive road to drive on....
This is a joke, right?
You’ll have to contact Land Line to figure that one out.
Ouch.
Conservative estimate, that's equivalent to $2.50 per gallon of gasoline.
What in the hell, the government doesn't have the money to build roads but the have money to loan the Ben Laden family and the Saudis to build the damn road. Way to go republicans.
Here is a lot of info on the 3Ps. Browse thru the table of contents and you find a couple of sections on the TIFIAs.
So, what is the connection between Cintra, the Bin Laden family, and the Saudis, anyway?
Macquarie Bank – Doing business as Macquarie Infrastructure Group and dozens of subsidiaries. This Australian banking giant is the No. 1 power player, having produced some big numbers in the past couple of years. As the U.S. DOT began encouraging and supporting privatized infrastructure, Macquarie gobbled a couple of key projects. The company landed the Chicago Skyway lease with a $1.83 billion bid in 2005 and the Indiana Toll Road lease with a $3.85 billion bid in 2006. Macquarie partnered with another high roller – Cintra out of Spain – to swing the Indiana deal. Macquarie also has 100 percent interest in the South Bay Expressway in San Diego and the Dulles Greenway in Virginia near Washington, DC, and 30 percent control of the 407 Express Toll Route in Ontario, Canada. The Australian giant has expressed interest in possible private leases of both the New Jersey Turnpike and the Garden State Expressway in New Jersey, as well as the Pennsylvania and Ohio turnpikes. Macquarie is also bidding to build and operate four private toll roads near Dallas, and a private toll road near Montreal, Canada. And in a strategic move, Macquarie’s media division recently purchased 40 newspapers in Texas and Oklahoma for $80 million. That’s almost as good as buying up all of the utilities in the old Parker Brothers game. See: http://www.landlinemag.com/Archives/2007/Mar2007/news/pass_go_collect_billions.html
What a country.. for foreigners.
BTTT
I pray to God someone finds a way to torpedo this soon.
Your prayers have been answered, by the democrats.
You should vote for the democratic presidential candidate because they have both said that they will create the National Infrastructure Bank to take care of these road problems.
And the best part of it is that they say it won't cost you a penny. They will pay for it by ending the Iraq war and taxing wealthy Americans/Corporations.
I'd swear that I read it was a 70 year contract somewhere; DEIS, townhall meeting material, hidden secret documents that have made it to the surface? Also, aren't Zachary and Cintra owned by the same Spanish company?
Reminds me of a one-frame cartoon I once saw, with a guy standing at a teller window and saying, “What do you mean, ‘insufficient funds?’ With all the money this bank has?” One of the comments on this thread is reality imitating art.
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