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Author	Topic: Gov. Kasich's turnpike plan delivers cash, jobs and debt	Post a Reply Back to Topics

nraacct Champion Author North Carolina Posts:6,872 Points:1,468,200 Joined:Jul 2004	Message Posted: Jan 24, 2013 4:25:43 PM Ignore nraacct Report Abuse Gov. John Kasich left hundreds of millions of dollars on the table while he kept much of northern Ohio happy last month by opting to leave the Ohio Turnpike intact. Combining operations with ODOT or leasing it to a private operator would have earned far more than the $1.5 billion the governor plans to generate by borrowing against future tolls at the turnpike, a study shows. Visit The Plain Dealer for full article

nraacct

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North Carolina

Posts:6,872
Points:1,468,200
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Message Posted: Jan 24, 2013 4:25:43 PM

Ignore nraacct Report Abuse

Gov. John Kasich left hundreds of millions of dollars on the table while he kept much of northern Ohio happy last month by opting to leave the Ohio Turnpike intact.

Combining operations with ODOT or leasing it to a private operator would have earned far more than the $1.5 billion the governor plans to generate by borrowing against future tolls at the turnpike, a study shows.
Visit The Plain Dealer for full article

REPLIES (newest first)Ignore Short Messages

DrCashFlow Champion Author Massachusetts Posts:7,064 Points:1,626,250 Joined:Jun 2008	Message Posted: Jan 26, 2013 5:15:47 AM Ignore DrCashFlow Report Abuse when in doubt, pile on debt.
CorvairHaven Champion Author Cleveland Posts:4,349 Points:1,452,965 Joined:Sep 2008	Message Posted: Jan 25, 2013 9:22:20 AM Ignore CorvairHaven Report Abuse I am pleased that the Ohio Turnpike was not leased to a third party. I just wish that it could have become a FREE road, like was promised when it was built (after the bonds were paid off). At that time, it was deemed a cash cow, and the tolls became permanent.
mpg611 Champion Author Cleveland Posts:2,334 Points:569,095 Joined:Apr 2011	Message Posted: Jan 24, 2013 10:33:12 PM Ignore mpg611 Report Abuse Now if only our king, I mean govenor, can find a way to deliver low gas prices.
HorizonChaser Champion Author Montgomery Posts:1,978 Points:454,835 Joined:Dec 2011	Message Posted: Jan 24, 2013 9:21:57 PM Ignore HorizonChaser Report Abuse OK
BBopp Champion Author Dayton Posts:6,834 Points:1,937,480 Joined:Dec 2006	Message Posted: Jan 24, 2013 7:17:56 PM Ignore BBopp Report Abuse We can only hope the best decision was made.
bcline909 Veteran Author Virginia Posts:401 Points:80,170 Joined:Nov 2012	Message Posted: Jan 24, 2013 6:27:12 PM Ignore bcline909 Report Abuse alright
Jeff4U Champion Author Atlanta Posts:8,749 Points:1,852,145 Joined:Nov 2004	Message Posted: Jan 24, 2013 6:24:52 PM Ignore Jeff4U Report Abuse Everyone's a critic, but nobody can deny that Kasich has done a terrific job.
mastermariner Champion Author Texas Posts:4,247 Points:493,010 Joined:Jun 2011	Message Posted: Jan 24, 2013 6:24:41 PM Ignore mastermariner Report Abuse Excellent
JDchefF Champion Author Lancaster Posts:1,045 Points:228,270 Joined:Aug 2012	Message Posted: Jan 24, 2013 5:46:12 PM Ignore JDchefF Report Abuse Interesting, sounds like a good approach to this problem.
mike56MI Champion Author Michigan Posts:1,215 Points:307,365 Joined:Aug 2011	Message Posted: Jan 24, 2013 5:29:02 PM Ignore mike56MI Report Abuse 2 out of 3, not bad.
humblepie Champion Author Toledo Posts:34,191 Points:2,371,370 Joined:Mar 2006	Message Posted: Jan 24, 2013 4:50:59 PM Ignore humblepie Report Abuse 1 and a half billion in todays dollars as oppossed to more billions of obama future bux sounds good to me