Bulldozer anyone

[Bullwinkle]

http://www.hawaiitribune-herald.com/arti...ocal04.txt

Quite the saga ---- now they want to replace a bulldozer the city sold off in a sweet (smells like an inside) deal - with an overpriced new bulldozer

[dmbwest]

LOL ... "saved millions of dollars"

Offer it to Private guys .... They would drive said dozer off the cliff ( an den feex ) to get this contract.

aloha,
pog

[Kelena]

The sale of the bulldozer as a "sweetheart" deal was obviously part of the privatization scam, where government sells off an asset to private enterprise and then, because it needs to use that asset, rents it back while the private company makes a profit.

They have paid $100,000 a year since 2005, renting a bulldozer that is at least 20 years old (it was sold in 1991 according to the article). The bulldozer would pay for itself in 8 years at the price of $800,000 (8 years rent @ $100,000/year = $800,000.).

So comical when some who encourage privatization decry the sale of such assets as "sweetheart deals". It is true that these are usually sweetheart deals, but then you should no longer be suggesting that privatization is good for government, and therefore good for the citizens of Hawaii.

Arizona privatized their prisons in a major sweetheart deal (the Governor's husband was heavily invested in private prisons.)Then two murderers got out with garden clippers and murdered again. Good fences and highly motivated and well-paid and well-trained guards raise overhead and then reduce profits. Pay peanuts, get monkeys.

Recognize the folly of privatization and buy the dang bulldozer. It's privatization itself that is the sweetheart deal.

[dmbwest]

SoGlen,

WenUcummingdown tostay ?

aloha,
pog

[John S. Rabi]

quote:

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Originally posted by Glen
The sale of the bulldozer as a "sweetheart" deal was obviously part of the privatization scam, where government sells off an asset to private enterprise and then, because it needs to use that asset, rents it back while the private company makes a profit.

---

Just like the "privatization" in the former communist countries! I could write a book about it!

Aloha,
John S. Rabi, GM,PB,ABR,CRB,CM,FHS
888.819.9669
johnrabi@johnrabi.com
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
(This is what I think of the Kona Board of Realtors http://KonaBoardOfRealtors.info)

[Bullwinkle]

Funny - My buddies on the mainland call this place " The peoples republic of Hawaii"

" But boss I left my house at 8"

quote from an employee that showed up after dropping his kids at school & breakfast on the way in. Rolls in at 9ish = expecting to be paid from the time he left his house

Same employer had a forklift dis appear on the Oahu docks as it was being shipped in - we dont know what happened brah - grin