Friday, July 08, 2005
We're Comin' Fer Ya, Chris!
Heh. 420,000 signatures on the the Initiative 912 petitions (needed 225,000).
Woooooo hoooooo!!!
Chris!!? Can you hear us? Helloooooo? You know what's going to happen, right?
Say it with me, "bad gas tax go boom!"
I am going to sooo enjoy the crying and wailing! Schadenfreude-Ville, here I come!
Heh. 420,000 signatures on the the Initiative 912 petitions (needed 225,000).
Woooooo hoooooo!!!
Chris!!? Can you hear us? Helloooooo? You know what's going to happen, right?
Say it with me, "bad gas tax go boom!"
I am going to sooo enjoy the crying and wailing! Schadenfreude-Ville, here I come!
Comments:
Do you have an alternate method of funding transportation maintenance/improvements in mind already? If so, what is it? JB
# posted by 
: 7:37 PM
: 7:37 PM
JB,
Your back. HMMM, let's see. How does, do project cost audit's, so the "45 Billion Dollar" Monorail does not happen in the first place.
Hold contractors responsible for deliberate or accidental substandard work. Repairs to be paid for by them, not at an additional cost to Washington Taxpayers. These two proposals would be a good place to start.
Your back. HMMM, let's see. How does, do project cost audit's, so the "45 Billion Dollar" Monorail does not happen in the first place.
Hold contractors responsible for deliberate or accidental substandard work. Repairs to be paid for by them, not at an additional cost to Washington Taxpayers. These two proposals would be a good place to start.
Hmmmmmmmmmmm. $45 billion? You are still an idiot. No, you do not have an alternative plan. JB
# posted by : 10:07 PM
: 10:07 PM
JB,
Or should I just call you MORON.
That was the number KOMOTV came up with for the monorail. I have a plan, actually have the contract's
for any new project have mandatory in process audits. Finance those projects through "government" bonds not "in house" (Junk) bonds issued by the contractor with balloon payments. But that would mean an end to the kick backs of the current system.
Light rail should have been built in this area in the 70's. It is going to cost a lot. But it should not cost as much as Seattle seems willing to pay for, compared to what they would get in return.
If you do not get that, you never will.
mike
Or should I just call you MORON.
That was the number KOMOTV came up with for the monorail. I have a plan, actually have the contract's
for any new project have mandatory in process audits. Finance those projects through "government" bonds not "in house" (Junk) bonds issued by the contractor with balloon payments. But that would mean an end to the kick backs of the current system.
Light rail should have been built in this area in the 70's. It is going to cost a lot. But it should not cost as much as Seattle seems willing to pay for, compared to what they would get in return.
If you do not get that, you never will.
mike
The figure I got form KOMO 4 was $11 billion....over fifty years and including financing. (Debt service if you will. Since when do republicans object to borrowing huge sums of money?) The monorail is not the only transportation project to be funded by the gas tax either. Funding for transportion has been in limbo since the MVET was abolished and no viable alternatives were enacted. As for substandard work and excessive construction costs....Halliburton is busy, we have to go with Plan B where contractors are concerned. So, do you have an alternative means of financing transportation maintenance and improvements? I mean, like a plan, not just bitching about one small facet of the problem. JB
# posted by : 6:09 PM
: 6:09 PM
JB,
They are borrowing 11 billion. That was not the total of payments. He**, even Ken Schram isn't trying to defend them anymore. As for the MVET, it was not going to transportation in the first place. If it had, we would have had the whole system completed already. Get your facts right.
They are borrowing 11 billion. That was not the total of payments. He**, even Ken Schram isn't trying to defend them anymore. As for the MVET, it was not going to transportation in the first place. If it had, we would have had the whole system completed already. Get your facts right.
The state couldn't go to work on the last bunch of transportation projects because the bonds were to paid by the MVET. When the MVET went away, the bonds were never sold. Period. JB
# posted by : 7:39 PM
: 7:39 PM
And, the $11 billion is what will be owed over fifty years, it is not the borowed amount. JB
# posted by : 7:40 PM
: 7:40 PM
JB,
First, repeating a false statement does not make it correct. The MVET went away with I-695, long before the Monorail Project was approved much less financed. Not the other way around.
Second the amount borrowed will be 11 billion (that's a "B"), the total collected as interest will be around 45 Billion. These "Junk Bonds" have residuals (ie ballon payments), which the project has admitted will just be rolled in to new "Junk Bonds" without balloon payments.
First, repeating a false statement does not make it correct. The MVET went away with I-695, long before the Monorail Project was approved much less financed. Not the other way around.
Second the amount borrowed will be 11 billion (that's a "B"), the total collected as interest will be around 45 Billion. These "Junk Bonds" have residuals (ie ballon payments), which the project has admitted will just be rolled in to new "Junk Bonds" without balloon payments.
When a true statement, whether is is read correctly or not, is repeated it is still true. When it is misconstrued by an idiot and mistated, it is a straw man. You are not a rational human being and I do not understand your rationale or motivation. Talk radio must have turned your brain into shit. You are your own enemy and don't even know it. JB
# posted by : 8:47 PM
: 8:47 PM
Oh yeah. Original question: Do you have an alternative plan for the financing of transportaion projects? (Bithin' ain't gonna get it.) JB
# posted by : 8:50 PM
: 8:50 PM
JB,
You are a "straw man". I say "again" that I have no problem funding these projects through Government Bonds, NOT Junk bonds. The MVET was NOT financing transportation, it was (for the most part) going in to the General Fund. I did not get this from "talk radio" but from the state's own report on where expenditures from the MVET went. You need to quit listening to "Liberal Propaganda" that states otherwise. If you can not do "basic research" on a subject then expect to get your hat handed to you. Since your statements on this subject are not true.
You are a "straw man". I say "again" that I have no problem funding these projects through Government Bonds, NOT Junk bonds. The MVET was NOT financing transportation, it was (for the most part) going in to the General Fund. I did not get this from "talk radio" but from the state's own report on where expenditures from the MVET went. You need to quit listening to "Liberal Propaganda" that states otherwise. If you can not do "basic research" on a subject then expect to get your hat handed to you. Since your statements on this subject are not true.
The last plan for financing transportation was the MVET, I remember, I was there. The MVET went away ans the bonds were never sold. Period. Now do you have an alternate method of pay for bonds of any type? That is the question. No one likes to pay taxes, (duh). What is your answer? How should we finance transportation? It's gotta come from somewhere even if you borrow it. JB
# posted by : 8:03 PM
: 8:03 PM
JB,
Oh, so you are a Counsel Member?
One of the gallery? What year?
Come on, you can remember I am sure. Actually the MVET still exists, it is just $30 per vehicle. Not based on the vehicles estimated worth. Seattle can enact a special MVET for the Monorail to those in it's taxing area but it would never cover the cost because of limits established by I-695.
So now to prove you don't know what you are talking about. I-695 was passed in 1999, The Monorail
project MVET in 2002. Stuff it, moron.
Oh, so you are a Counsel Member?
One of the gallery? What year?
Come on, you can remember I am sure. Actually the MVET still exists, it is just $30 per vehicle. Not based on the vehicles estimated worth. Seattle can enact a special MVET for the Monorail to those in it's taxing area but it would never cover the cost because of limits established by I-695.
So now to prove you don't know what you are talking about. I-695 was passed in 1999, The Monorail
project MVET in 2002. Stuff it, moron.
Okay you stupid, cocksucking idiot....The transportation plan of the time for the first time was to be funded by the MVET, however AS I HAVE PREVIOUSLY STATED, THE MVET WAS ABOLISHED BEFORE BONDS COULD BE SOLD. YOU EITHER HAVE READING COMPREHENSION PROBLEMS OR YOU ARE JUST STUPID AND DISHONEST. NOW, DO YOU HAVE AN ALTERNATIVE PLAN FOR FUNDING STATE TRANSPORTION OR DO YOU NOT??
I AM CERTAIN YOU "THINK" YOU ARE WINNING ARGUMENTS/DEBATES BECAUSE PEOPLE JUST WALK AWAY. THEY ARE WALKING AWAY BECAUSE THEY DO NOT WANT TO BE SEEN ARGUING WITH AN IDIOT! JB
I AM CERTAIN YOU "THINK" YOU ARE WINNING ARGUMENTS/DEBATES BECAUSE PEOPLE JUST WALK AWAY. THEY ARE WALKING AWAY BECAUSE THEY DO NOT WANT TO BE SEEN ARGUING WITH AN IDIOT! JB
# posted by : 8:48 PM
: 8:48 PM
JB,
Couple of websites for you, since you can not do research on your own.
I-695:
http://www.mrsc.org/subjects/finance/695/i-695.aspx
Monorail news:
http://www.monorails.org/tMspages/News.html
Seattle Monorail Project:
http://www.elevated.org/project/funding/cartax
As you continue to insult me, all you do is prove what an arrogant idiot you are. Too bad you are not as smart or as wise as you claim to be. I gave you the chance to prove your points, you did not.
You continue to rant about things that are blatantly wrong. Please install the window in your belly, so you can see outside.
Couple of websites for you, since you can not do research on your own.
I-695:
http://www.mrsc.org/subjects/finance/695/i-695.aspx
Monorail news:
http://www.monorails.org/tMspages/News.html
Seattle Monorail Project:
http://www.elevated.org/project/funding/cartax
As you continue to insult me, all you do is prove what an arrogant idiot you are. Too bad you are not as smart or as wise as you claim to be. I gave you the chance to prove your points, you did not.
You continue to rant about things that are blatantly wrong. Please install the window in your belly, so you can see outside.
So, I will take that as a "no" after all this, that you HAVE NO ALTERNATIVE TO THE GAS TAX. End of discussion. JB
# posted by : 7:54 PM
: 7:54 PM
Sidenote: You are either unemployed or you have a wonderful employer that lets you play on the computer at work. JB
# posted by : 7:56 PM
: 7:56 PM
JB,
I do work, but my day starts at 4 AM. I do not blog from work. Again you f***ing moron, I have no problem with running the Monorail as a Government project with realistic goals, planning and PROPER funding (bonds, Fed grants,etc) like any other major road construction. The current project does none of this by purpose or design. I actually have advocated a system like the Bay Area Rapid Transit (BART) be built for the last 15 years. But the current project is a foolish waste of time and resources. In fact, too much money has already been spent when it did not have to be.
I have said this at least two times in this tread alone. If you can not understand ENGLISH, it is not my fault.
I do work, but my day starts at 4 AM. I do not blog from work. Again you f***ing moron, I have no problem with running the Monorail as a Government project with realistic goals, planning and PROPER funding (bonds, Fed grants,etc) like any other major road construction. The current project does none of this by purpose or design. I actually have advocated a system like the Bay Area Rapid Transit (BART) be built for the last 15 years. But the current project is a foolish waste of time and resources. In fact, too much money has already been spent when it did not have to be.
I have said this at least two times in this tread alone. If you can not understand ENGLISH, it is not my fault.
Does your entire organization start at 0400? Why? If you are off at 1300, does anyone who needs something from you have to wait until the next day to get it? WTF? JB
# posted by : 11:37 PM
: 11:37 PM
JB,
If you do not know how bonds are paid for, by this point in the conversation, I am not wasting my time.
No, I and the other inspectors start at 0400 to check the previous day's work. An 8 hour day with no lunch would mean I would get off at 1200. I am on call (job furnished cell) 24 hours a day. I often end up working 7 days a week by the end of the project. This often means 12 hour days to support the schedule. Unlike the Seattle Transportation Department, I have to make my schedule and stay in budget. In fact, the current contract that I am working had built in cost overruns and delays. This is because historically, there have been problems caused by weather or other work interference. These delays can cause the work to stop, in order to insure that we are following process for the materials we are using and its location. As far as I can deterimine there was not such provisions in the Monorail Project. Which is why it keeps shrinking in size and service locations.
Post a Comment
If you do not know how bonds are paid for, by this point in the conversation, I am not wasting my time.
No, I and the other inspectors start at 0400 to check the previous day's work. An 8 hour day with no lunch would mean I would get off at 1200. I am on call (job furnished cell) 24 hours a day. I often end up working 7 days a week by the end of the project. This often means 12 hour days to support the schedule. Unlike the Seattle Transportation Department, I have to make my schedule and stay in budget. In fact, the current contract that I am working had built in cost overruns and delays. This is because historically, there have been problems caused by weather or other work interference. These delays can cause the work to stop, in order to insure that we are following process for the materials we are using and its location. As far as I can deterimine there was not such provisions in the Monorail Project. Which is why it keeps shrinking in size and service locations.
