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By JGillman, Section News
And rightly so.
The image below the line is just the first salvo from both sides of the bridge issue.
Its good to see the arguments made from the different perspectives. Plenty to be said about whether or not we actually pay for it in one way or another, but surprisingly no one yet doing what will ultimately provide the most accurate answer.
20,000 Crossings a day now. Unless the Ambassador bridge is FORCED to close, then the traffic would split.
Average ticket of $6 Gross $120,000/day (if the ambassador is FORCED to close) $44 Million a year
Debt service (interest only) of $30 Million a year. Then add to this the cost of operations, ongoing liabilities (you know those pesky benefits) and maintenance. An additional $30? $50 million? A year?
My goodness So who DOES pay for it when it doesnt even pay its bond? mmmm?
Its a math question.. Not even a difficult one.
(8 comments, 175 words in story) Full Story
By JGillman, Section News
res ipsa loquitur
Dick Morris says Rick Snyder should act like a Republican, and in the process draws out the hard core "re-distributionists." Darrell Dawsey writes at MLive:
Matty Moroun is rich enough. He doesn't need or deserve a second bridge. (Personally, I wish someone could take the first one from him, too.) Free enterprise is fine, but private citizens shouldn't be in the business of owning international border crossings. Our borders, and the economic and national security issues they generate, are a matter of public interest.
God help us if that is the reason Snyder wants the bridge. Dawsey's screed is something that appears often enough in the dankest corners of totalitarianism to keep us on our toes and sleep with an eye open. Always.
Snyder's wishes of another bridge makes perfect sense in some ways, and little in others.
He is a "Milliken Republican" which brings a brand of centrism that has too much in common with the Dawsey think, that government ought to have control of all things no matter how miserably they fail under government control. Detroit Schools? Detroit itself? Perfect examples of Centrism allowing a minor scratch to develop into full blown gangrene. Why not invite such catastrophe when given the opportunity? Perhaps a little brick and mortar money poured into the patient's [amputation inviting] open sore infested hole will fix it?
Maybe such things need to be questioned a little more thoroughly.
(5 comments, 591 words in story) Full Story
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