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To: lentulusgracchus
Google on "NASCO", "Indiana Turnpike",

And Indiana got $4 billion for a toll road that was losing money. Remind me again why I should oppose this?

103 posted on 02/12/2007 2:18:16 PM PST by Publius Valerius
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To: Publius Valerius
And Indiana got $4 billion for a toll road that was losing money. Remind me again why I should oppose this?

Because they paid for it and will never get it back again?

Because $4 billion may have been less than fair market?

Because the people owned it, but some bureaucrats sold it?

Because you wouldn't sell your Exxon-Mobil stock because they had two down quarters in a row?

Or maybe basically because you don't dump assets just because your crummy pricing scheme has revenues in a dip. Mismanagement is temporary and curable; nonownership isn't.

133 posted on 02/12/2007 2:34:11 PM PST by lentulusgracchus ("Whatever." -- sinkspur)
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