They sure as heck had the money to spend on explosives.
They blew that #### bus up with so much force they could've sent kids on a field trip to the moon
Information on South Carolina School Buses.
Discussion in 'LTL and Local Delivery Trucking Forum' started by Mike2633, Feb 18, 2017.
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Bob Dobalina and Mike2633 Thank this.
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so, how are they going to pay for these new buses?
well of course, they are going to issue a new bond issue, so wall street gets a cut, you get to pay top dollar plus interest for new buses for the next 20 years and a couple head honcho's in the state get some nice kickbacks.
This kind of crap is idiotic and is why we as a nation are failing. When you buy something, a truck, a roof, whatever, it has a lifespan. And you put away the replacement cost every year. a roof lasts 20 years, you put away 1/20 of the cost every year and replace it on the 20th year. It's called depreciation. it's in the tax code for private business's. But governments (at all levels), nooooooooooooooooooooooooooooooooooo. Well X, Y or Z is worn out now and we need to issue a bond to just do regular maintenance.
What happened to the money over all the years for replacement? Where did that go? corruption, pensions, salaries, etc
You can't borrow money to do regular maintenance, this is a planned for number, you know what it's going to cost each year to replace this kind of stuff, there's no reason beyond total incompetence that rates should have to rise or a bond issue.Mike2633 and CasanovaCruiser Thank this. -
She's one of my favorite pop culture icons. I don't know what she's up to today but I am sure she's doing just fine. -
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Mike I have to call BS on part of your article.
I cannot believe that any government would make such ridiculous rules. They have to have been thought our and well researched prior to being signed into law. Don't they?KillingTime and Mike2633 Thank this. -
Sir Topham Hats greatest management line is "you've caused delay and confusion, now go back to the shed and think about what you've done." Topham Hat wasn't big for screwing around.
The state of South Carolinas plan was to use unclaimed lottery money to fund the purchase of new school buses. I don't know how they thought that was going to work.Cardfan89 and Bob Dobalina Thank this. -
The government of South Carolina didn't pass the 15 year replacement law until 2007? Why would you pass a law to replace school buses you have no interest in replacing putting your self on the hook for something you were never serious about fallowing through on?
If you watch that news report its all kicking the can down the road and he said she said and schools blaming the state and the state blaming law makers. -
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