View Full Version : Spanish firm offers $12.8 billion to lease Pa. Turnpike
speech
05-20-2008, 11:19 PM
A Spanish toll-road operator won the bidding war to operate the Pennsylvania Turnpike, offering $12.8 billion for a 75-year lease, Gov. Rendell said today.
http://waronyou.com/2008/05/spanish-firm-offers-128-billion-to-lease-pa-turnpike/
The proposal by Abertis Infraestructuras, of Barcelona, must be approved by the Pennsylvania legislature, and legislative leaders in Harrisburg have said the plan faces tough sledding with lawmakers.
Bruno
05-20-2008, 11:51 PM
Rendell called the lease plan “a very good deal for Pennsylvania drivers and taxpayers,”
Why does he not explain how this is a good deal?
scholarpreneur
05-20-2008, 11:57 PM
Hell, they're having some Spanish country build the first leg of the NAFTA Superhighway, so why not?
http://transtexascorridor.blogspot.com/2005/02/spanish-corporation-cintra-plans-to.html
Kludge
05-20-2008, 11:58 PM
Lol.... Borrowing time to meet short-term goals. When the state's economy is f'd, at least he won't be there to take the blame.
HOLLYWOOD
05-21-2008, 02:23 PM
Lol.... Borrowing time to meet short-term goals. When the state's economy is f'd, at least he won't be there to take the blame.
First there's:
Military Industrial Complex
Then there's:
Prison Industrial Complex
Now there's:
Roadway Industrial Complex
In Germany - 25 YEARS... roads are built with technological advanced materials, for a cost and traffic efficiency for roadway life/surface expectancy of a minimum of 25 years
In the US, - 10 YEARS! I wonder if any US roads can truly meet that 10 year timeline?
Look at California's CALTRANS department of BLACK HOLES budget. I didn't realize that we cannot adapt foreign advanced technologies... oh, I forgot... it's big GOVERNMENT business once again, with states trying to get as much Federal Funding/EARMARKS as possible!
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