Skip to comments.Mike Defends 1 WTC $1B Overrun
Posted on 02/11/2012 12:37:38 PM PST by lbryceEdited 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 ...
Funny how these overruns happen more with someone else’s money.
“thats 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!”
thats 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?
Much, much less if government and shyster politicians like yourself aren't involved!
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.
Give the unions a charge number and they will run it up lining their pockets. No more complicated than that.
The bigger the project, the bigger the graft.