02-01-2016, 08:06 AM
quote:Again, Super Ferry was PRIVATE. The company went bankrupt. Why does this myth keep persisting that the state of Hawaii was responsible for Super Ferry? The state involvement was Republican governor Lingle allowed EIS (environmental impact statement) waivers. On appeal, these EIS waivers were found to be invalid, and the company had to start over. During this time, the protesters were able to discontinue service to Kauai, then to Maui. When Super Ferry started, oil was $25 per barrel, by the time it went bankrupt, oil was $100 per barrel, something the investors never factored in. The epilogue to the Super Ferry fiasco was the US Navy bought both Super Ferrys and turned them into HSV (bailing out the company plus providing more contracts to Austral, the builder). The US Navy has now found out the aluminum catamaran hulls don't hold up to open ocean conditions. That is costing the taxpayer hundreds of millions right now.
Originally posted by Kenney
How much did we spend on the Interisland Ferry fiasco? Same results. Cart before the horse syndrome coupled with"complete and utter incompetence."
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"Aloha also means goodbye. Aloha!"
*Japanese tourist on bus through Pahoa, "Is this still America?*