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Originally Posted by jimthefiend
Daniels has proposed entering a long-term lease with a private Spanish-Australian consortium (who also operates the Chicago Skyway) to run the Indiana Toll Road. He says the 3 billion or more he hopes a private company would pay for a 50-year or longer lease is the only way to pay for many needed road projects in the state.
It makes perfect sense to me, and I live in Indiana.
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I am less than 20 miles from the Indiana/Michigan line. He is selling a Northern Indiana asset and plans to use most of the money for pet projects in Indianapolis. And even if he wanted to spend the money evenly across the state, it wouldnt matter.
The toll-road was built with Indiana taxpayer money and bonds. Tolls were used to pay those bonds, and now that the toll-road is making progress at paying those bonds, this jackass wants to sell it off to a foreign company.
Its a short term fix to a long term problem. When the $3 billion is gone, the state will still be broke and the mismanagement will still continue. The problem is the reckless manner in which Indiana (and Michigan, too) spend money and run up huge bills on projects that they have no idea how to pay for.
Only a complete moron would view this type of situation as a good thing for this country. Any time we send money out of the US, it weakens our economy here at home. They should have never gotten the Chicago Skyway, either.