View Article
31

Triangle Transit Authority (TTA) officials have finally admitted they cannot meet the federal standards to get money from Washington to build their lite-rail project. But are they going to pitch their tent and save the taxpayers the millions they are pouring into the TTA each year?

Well, no.

According to the News and Observer (News and Observer, 5/30/06), Congress is considering promoting new public-private partnerships to build public transit. No one knew it – until now – but suddenly it turns out that is the TTA’s “special strength.”

“This is Congress acknowledging what we’ve felt all along was a hallmark of this project,” a TTA trustee boasted last week.  

Huh?

Ronald Reagan once said the closest thing to eternal life on earth is a government program. The TTA proves it.

Now, it is trying to work a deal with a private investor to develop the sites around twelve rail stops that haven’t been built and that the TTA admits it can’t get the money to pay for. But the TTA wants to build the developments anyway. Before the first rail is laid. What’s more it says it can return a whopping $65 million on its investment in just a few years.

So, the Triangle Transit Authority is going to turn itself into a developer. Subsidized by taxpayers.

The Triangle Transit Authority is like the Frankenstein’s monster in the old black and white movies in the 1930’s. At the end of the movie the monster dies but then the sequel comes out and you find out he wasn’t dead at all.

Click to Read & Post Comments

 

Posted in: General, Raleigh
Actions: E-mail | Permalink | Comments (2) RSS comment feed |

Comments

jordansbox
# jordansbox
Monday, July 26, 2010 11:22 PM
ugg for cheap makes you look more attractive.


ugg slipper uk very depressed model so as well skillful certainty,we all like ugg slipper uk


michael jackson memorial are great. Take some getting used to, but these cheap michael jackson memorial do make things better, especially walking. Haven tried working out in them. Changes your balance and posture for the better.

j12 chanel watches is our love,we love j12 chanel watches


supra vaider grey black blue shoes include allure and frolic. our family all like supra vaider grey black blue shoes

A Air Jordan 6 Rings is something that gives you a new lifestyle and make your personality as a new character.


fdfd
# fdfd
Wednesday, July 28, 2010 5:01 AM

One on one, One on one



insanity fitness, insanity fitness



photoshop cs5, photoshop cs5



Insanity, Insanity



p90x workout video, p90x workout video



One on one video, One on one video



Post Comment

Only registered users may post comments.
Copyright (c) Talking About Politics   :  DNN Hosting  :  Terms Of Use  :  Privacy Statement