Political News and Commentary with the Right Perspective. NAVIGATION
  • Front Page
  • News
  • Multimedia
  • Tags
  • RSS Feed


  • Advertise on RightMichigan.com


    NEWS TIPS!

    Get the RightMighigan.com toolbar!


    RightMichigan.com

    Buzz

    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    Display: Sort:
    Boy howdy! (none / 0) (#1)
    by Corinthian Scales on Tue Jun 05, 2012 at 10:51:34 AM EST
    That damn article that is sourced is just dripping with indicators of what's in store for Michigan taxpayers with the Gov Snydholm bridge.

    Liberal MP John McKay wants Ottawa to review the terms of GM's original loan. "They haven't actually paid back the loan at this point," he said. "They have declared dividends, they have sold off shares and ... the poor taxpayers of Ontario and Canada are left holding the bag."

    So, I officially welcome the soon to be unemployed GM workers of Canada and the Canadian taxpayers to the "Hosed by Government Motors Club."

    Gee, Wally, what does ya think will happen to us taxpayers when Gov Snydholm's lie about tolls repaying the Canucks unfolds?

    The biggest problem for the project will remain the rather small volume of traffic Michigan-Canada  - an average 45,000 vehicles/day already spread over three crossings with 12 lanes total (Blue Water Bridge 6 lanes, Detroit-Windsor Tunnel 2 lanes, Ambassador Bridge 4 lanes.) Present cause of delays is lack of border inspection staff especially on the US side, not bridge lanes.

    The Canadians want to do a PPP for the bridge proper - the $1,100m part - and they want toll revenues to attract private investment in that. They also want tolls to fund recovery of the $550m to be advanced for Michigan approaches.

    With total traffic so small that three crossings are barely profitable the notion it can be stretched to support a 4th crossing and service $1,650m seems far fetched.

    But Michigan Governor Snyder and the Canadians seem determined to try.

    Yup.  I officially welcome the soon to be upon us boondoggle bridge and the Michigan taxpayers to the "Hosed by Government Club."

    OABTW... Government Motors has been relocating their platform production to the ChiComs for some time now.  Hell, the U.S. taxpayer bailout GM (Thanks Thad) even funded a movie for the chins honoring Communism.



    Display: Sort:

    Login

    Make a new account

    Username:
    Password:
    Tweet along with RightMichigan by
    following us on Twitter HERE!
    create account | faq | search