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To: coalman
If we can’t afford to build and maintain our own roads, what makes anyone think we will be able to afford the tolls on them.

It's also worth noting that these foreign companies seem to have far more interest in this kind of business venture than American firms.

I suspect most American investors know damn well that buying a toll road is a miserable investment. My prediction is that there won't be a single long-term lease that is executed and carried for more than 20 years by any of these foreign companies.

There are about 40,000 fatalities in auto accidents in this country every year, and every one of them represents what is basically an unlimited liability on the part of a road's "owner." This, I suspect, is what is ultimately going to bankrupt these ventures.

9 posted on 04/08/2008 10:48:51 AM PDT by Alberta's Child (I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)
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To: Alberta's Child

Indiana just gave a 75 yr lease on toll road


12 posted on 04/08/2008 11:24:23 AM PDT by coalman (type to slow to be relevant,but I try)
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