Toll Road Giant Buys Newspapers to Silence Critics

theNewspaper.com ^ | January 26, 2007 | theNewspaper.com

[Tolerance Sucks Rocks]

TTC will NOT take up 9000 square miles. It will take up nearly 1000.

[Tolerance Sucks Rocks]

Trans-Texas Corridor PING!

[NonValueAdded]

Let them try to buy the Internet. A tactic that might have worked in the past can only be stopped by the likes of McCain-Feingold now!

[UpAllNight]

--TTC will NOT take up 9000 square miles. It will take up nearly 1000.--

The article did not say it would take up 9000 square miles. It said it would involve the purchase of 9000 square miles. They have to buy up right of ways and interchanges. Later they will sell the interchanges to hotels and McDonalds.

[Tolerance Sucks Rocks]

They purchase it; it takes up; same difference. It will take up about 1000 square miles.

[1rudeboy]

Later they will sell the interchanges to hotels and McDonalds.

You mean, lease, maybe?

[TXnMA]

"Let them try to buy the Internet. A tactic that might have worked in the past can only be stopped by the likes of McCain-Feingold now!"

Not even McPain-Fineswine can stop Americans from exercising the First Amendment!

[TXnMA]

TTC will NOT take up 9000 square miles. It will take up nearly 1000.

Thanks for the ping -- and for keeeping things on a factual basis!

[stevie_d_64]

This is all the new norm of revenue generation...The state buys up as much land as possible gaining control over the rights of development and bingo leases out the land, existing facilities/utility services, right-of-ways, etc etc...

And boom, money in their hands to squander on other crap...

They'll make us feel like we are a part of the discussion and debate, and flim flam us from here to Christmas telling us this will be good for the economy, and commercial interests blah, blah, blah...

Still haven't seen one thing to support in any of this...

[1rudeboy]

This is all the new norm of revenue generation...The state buys up as much land as possible gaining control over the rights of development and bingo leases out the land, existing facilities/utility services, right-of-ways, etc etc...

I submit it's the old norm. Walk through an airport lately, or a port? Remember the DPW fiasco?

[Kenny500c]

How about the jobs created?

[B4Ranch]

You mean the jobs created in order to build new roads or the few low paying service type jobs at the hotels and fast food restaruants along the way?

[E.G.C.]

BTTT

[wolfcreek]

"Still haven't seen one thing to support in any of this..."


Me Either! I guess We're just not cut out to be Global Elitists.

[dennisw]

More "lets get rich by killing America's sovereignty" bullcrap. Follow the money. States should have their act together enough to run roads and highways except for county roads. It's un American to have foreigners making a profit operating toll roads

[Tolerance Sucks Rocks]

bump.

[RobRoy]

So, can they buy all the blogs too?

[ridesthemiles]

Even at your figures, 1000 sq miles== 640,000 acres. This is NOT a small amount of space, and it is a direct affront to the people who live near the present highways.
Who is going to pay to relocate all these people?????

[narby]

Australian toll road giant Macquarie agreed Wednesday to purchase forty local newspapers

They sure must expect to suck a lot of money from those ignorant Texicans that let them build that thing.

And the purchase price of old media newspapers is going down fast in the face of internet competition, so they won't be getting their money back.

[narby]

They purchase it; it takes up; same difference. It will take up about 1000 square miles.

But it will "take up" private property at the point of imminent domain to sell to third parties at a profit. That's outright un-american.

No wonder they can afford to buy all those newspapers merely to get the deal done.