|
|
| Re: A VERY Lost A Train! (1285618) | |||
 |
|||
| Home > SubChat | |||
|
[ Read Responses | Post a New Response | Return to the Index ] |
|
||
|
Re: A VERY Lost A Train! |
|
|
Posted by SelkirkTMO on Sun Apr 13 20:56:44 2014, in response to Re: A VERY Lost A Train!, posted by JayZeeBMT on Sun Apr 13 20:34:27 2014. By Jove, I think you've got it! NOW you know why MTA had to happen to NYCTA. They couldn't afford those shiny new cars to begin with. The ones getting cut up now. And they got to issue TAX FREE BONDS and then ate those profits with additional tax deductions for doing it in the first place. And the first time the MTA failed to MEET the payments, they got to repossess real estate. Talk about sword of Damocles.Meanwhile, the fares went up and up to ensure those profits for "debt service" in addition to the rentals. Poor Mike ... he only wanted a small piece of that action ... for his own. :( |
|
|
|