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re: Head of Baton Rouge based-private equity fund predicts that financing for bridge available

Posted on 8/9/18 at 10:27 am to
Posted by lsu13lsu
Member since Jan 2008
11842 posts
Posted on 8/9/18 at 10:27 am to
quote:

I don't like extra spending/taxation/tolls. But if a half-cent would do it? Why the hell not? Part of the problem with politics today is that politicritters add taxes and laws, and then NEVER sunset them. State Legislature just had 400 new laws go into effect a week ago. 400 and NOTHING was taken off the books. That's huge.


I do not mind Tolls at all. The people using something should be the ones paying the most.

I completely agree with the rest. We have too many laws. They should all have a sunset and be revoted on. Many are redundant.

Also, more people would vote on taxes if politicians said here are the new ones and here are the old ones that didn't make sense so we are cutting. If they ran it like a business everyone would vote for taxes.
Posted by RedPop4
Santiago de Compostela
Member since Jan 2005
15329 posts
Posted on 8/9/18 at 10:34 am to
Yes sir.
I'm not saying tolls are all bad, I'm just a cheap bastard who'd prefer not to have any MORE spending in my life.

The whole over legislated thing is bad for everyone except government who benefits and the legal profession. How many laws are our L.E.Os expected to know and enforce? How many of US can know and abide by them all? Every last one of us, breaks laws on a daily basis, because we either don't know, or they've outlawed something....it's frustrating.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/9/18 at 10:40 am to
It should be toll financed!!

While we are at it build a toll way parallel to I-10 and north of BR across the entire state to take traffic off of I-10.
Posted by Jim Smith
Member since May 2016
2915 posts
Posted on 8/9/18 at 11:00 am to
Considering his last company destroyed CB&I, Westinghouse, and Toshiba, three of the worlds largest corporations, I'm going to have to call bullshite.
Posted by ellishughtiger
70118
Member since Jul 2004
21182 posts
Posted on 8/9/18 at 11:04 am to
quote:

Zachary where we have the highest property taxes in the state


I have a hard time believing Zachery is higher than New Orleans. FWIW, I pay around $10k even with my homestead exemption uptown.
Posted by RedPop4
Santiago de Compostela
Member since Jan 2005
15329 posts
Posted on 8/9/18 at 11:32 am to
Interstate 14?

Interstate 14 thread
This post was edited on 8/9/18 at 11:43 am
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41660 posts
Posted on 8/9/18 at 12:05 pm to
quote:

Considering his last company destroyed CB&I, Westinghouse, and Toshiba, three of the worlds largest corporations, I'm going to have to call bullshite.


Care to explain?

It's not Shaw's fault that CB&I insanely overpaid for Shaw. It's also not Shaw's fault that Toshiba doubled down by combining Westinghouse with Stone and Webster.

CB&I offered stupid money. Then Toshiba offered even stupider money.
Posted by tiger94gop
GEISMAR
Member since Nov 2004
3274 posts
Posted on 8/9/18 at 12:25 pm to
It is actually 3127, it is currently 2 lane, but the roadbed is already there for a four-lane. It currently runs from Donaldsonville to Boutte and has access to 3 current bridges, Luling/Gramercy/Sunshine. If it was completed to Gross Tete, it would bypass BR and be connected to the new bridge in St. Francisville and the Old Bridge. If completed it would have access to Hwy 61, it parallels I-10 and has access to I-55/I-12 in LaPlace and access to I-310. So you could effectively eliminate a huge portion of truck traffic coming from the West going to New Orleans, Atlanta, and anywhere East of BR, it would also take any traffic going North on I-10 out of BR. The majority of the right-of-way is there. Also, may need some overpasses like 90 from Houma to New Orleans, but this is where the State should have been focusing there efforts for the last 30 years. Now buying out the retards in Donaldsonville is the main issue, I think most of Iberville is owned by oil & gas companies.
Posted by Jim Smith
Member since May 2016
2915 posts
Posted on 8/9/18 at 3:04 pm to
quote:

Care to explain?

It's not Shaw's fault that CB&I insanely overpaid for Shaw. It's also not Shaw's fault that Toshiba doubled down by combining Westinghouse with Stone and Webster.

CB&I offered stupid money. Then Toshiba offered even stupider money.



Sure thing. The Shaw Group had absolutely no idea how to build a nuclear power plant. Those projects couldn't be unfricked. Shaw probably realized that and sought sell, which they were able to do to CB&I. One wonders if CB&I knew how fricked the projects were when the purchased Shaw. CB&I definitely didn't do their due diligence, but one can't argue that Shaw's utter dog shite performance in SC and GA wasn't the direct result of CB&I's collapse. Without Shaw, CB&I doesn't go belly up, nor Westinghouse, nor does Toshiba need to sell an $8,000,000,000 chip unit. Thanks.

And for what it's worth, my comments had nothing to do with what the companies paid for one another. The obligations they assumed did them in, not the purchase price.

Knock yourself out, sport:

Toshiba's Nuclear Reactor Mess Winds Back to Louisiana Swamp
This post was edited on 8/9/18 at 3:13 pm
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