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

To: Paleo Conservative
I agree tolls are the way to go, but not foreign toll companies taking the profits and running, local toll authority's bound by law to use the profits to expand the system is a much better idea, set the toll rates and profit margins by law; any surplus goes to building more roads or lowering tolls on the existing roads.
8 posted on 04/04/2008 8:04:05 AM PDT by JDinAustin (Austinite in the Big D)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: JDinAustin
"but not foreign toll companies"

Very recently a Texas legislator suggested that Texas retirement funds invest in Texas roads. That sound good but the head of the teacher retirement fund said that they can make more money investing in China roads.

The point being that capital investment money is flowing all all around the world and if you exclude foreign investors, domestic investors will be excluded elsewhere.

11 posted on 04/04/2008 8:26:26 AM PDT by Ben Ficklin
[ Post Reply | Private Reply | To 8 | View Replies ]

To: JDinAustin
I agree tolls are the way to go, but not foreign toll companies taking the profits and running, local toll authority's bound by law to use the profits to expand the system is a much better idea, set the toll rates and profit margins by law; any surplus goes to building more roads or lowering tolls on the existing roads.

Cintra has lots of experience designing toll roads in Europe. I think it's a good idea to have a company with that kind of experience in charge. What's so great about having local engineering companies make the same design mistakes someone else made 40 years ago? It's better to learn from both the successes and mistakes of companies that have been designing and running toll roads for decades.

14 posted on 04/04/2008 9:51:00 AM PDT by Paleo Conservative
[ Post Reply | Private Reply | To 8 | View Replies ]

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