Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Mike Defends 1 WTC $1B Overrun
New York Post ^ | February 11, 2012 | Savid Seifman

Posted on 02/11/2012 12:37:38 PM PST by lbryce

Edited on 02/11/2012 12:39:45 PM PST by Admin Moderator. [history]

Giant projects such as the reconstruction of 1 World Trade Center, or Freedom Tower (pictured), always end up costing more than the original estimates because “that’s just part of the way the world works,” Mayor Bloomberg said yesterday.

“It would be really naive on any big project to say it’s never going to come in for more,” Bloomberg said.


(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: 1wtc; billiondollaroverrun; construction; freedomtower
I'd like to see Mike being so dismissive, so easy to rationalize a billion dollar overrun on one his projects, where the money comes out of his *ss.
1 posted on 02/11/2012 12:37:42 PM PST by lbryce
[ Post Reply | Private Reply | View Replies]

To: lbryce

Funny how these overruns happen more with someone else’s money.


2 posted on 02/11/2012 12:41:02 PM PST by bgill (Romney & Obama are both ineligible. A non-NBC GOP prez shuts down all ?s on Obama's admin)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lbryce

“that’s just part of the way the world works”

I’m suddenly reminded of Rodney Dangerfield’s speech in Back to School:

“First of all you’re going to have to grease the local politicians for the sudden zoning problems that always come up. Then there’s the kickbacks to the carpenters, and if you plan on using any cement in this building I’m sure the teamsters would like to have a little chat with ya, and that’ll cost ya. Oh and don’t forget a little something for the building inspectors. Then there’s long term costs such as waste disposal. I don’t know if you’re familiar with who runs that business, but I assure you it’s *not* the boyscouts!”


3 posted on 02/11/2012 12:49:39 PM PST by DemforBush (Six o'clock in *Berlin*. They were having lunch in Cleveland.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lbryce

“that’s just part of the way the world works,”

... In GOVERNMENT CONTRACTING....

Does any really think this thing wouldn’t come in on time and under budget if donald Trump were running it?


4 posted on 02/11/2012 1:05:25 PM PST by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lbryce
The real world is nobody knows what the costs are for complex things, whether it’s a building or a computer system or building a building or educating kids.”

Much, much less if government and shyster politicians like yourself aren't involved!

5 posted on 02/11/2012 1:07:47 PM PST by EGPWS (Trust in God, question everyone else)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lbryce

When I built my home I got all my contractors and quotes lined up in writing, threw in every item I could conceivably think of on top of that, added them all up, then added 25%.

that figure was within $1k on my building loan which totaled in at $212k.


6 posted on 02/11/2012 1:42:45 PM PST by Abathar (Proudly posting without reading the article carefully since 2004)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lbryce

Give the unions a charge number and they will run it up lining their pockets. No more complicated than that.


7 posted on 02/11/2012 2:36:58 PM PST by E. Pluribus Unum (FOREIGN AID: A transfer of money from poor people in rich countries to rich people in poor countries)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lbryce

The bigger the project, the bigger the graft.


8 posted on 02/11/2012 4:36:29 PM PST by mvpel (Michael Pelletier)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson