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To: Willie Green
I wasn't aware that you were a qualified appraiser. $76 Million a mile is what the Indiana Toll Road was worth? The bidding for the toll road was held in public; just think how much money you could have made had you joined the bidding.

But let's assume you're right. If the state weas operating an asset at break even which the market recognizes as worth $11.4 Billion Dollars in private hands, what does that tell you about the difference between the efficiency of government vs. private operation?

73 posted on 07/17/2010 5:24:02 PM PDT by Mr. Lucky
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To: Mr. Lucky

“But let’s assume you’re right. If the state weas operating an asset at break even which the market recognizes as worth $11.4 Billion Dollars in private hands, what does that tell you about the difference between the efficiency of government vs. private operation? “

To me it says that the state is allowing ITS PEOPLE to enjoy the economic benefit of the highway. Is that so bad?

Pretty much what you’re saying is that the feds should sell off the Grand Canyon to China, since the feds don’t receive the full value of the land.

So - but I’m not into that those schemes.


77 posted on 07/17/2010 6:40:43 PM PDT by BobL (The whole point of being human is knowing when the party's over.)
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