View Single Post
  #31  
Old Posted Jul 6, 2008, 3:53 PM
Phalanx Phalanx is offline
Registered User
 
Join Date: May 2008
Location: Halifax
Posts: 584
Quote:
Originally Posted by someone123 View Post
What are these other methods that do not involve taking money from ratepayers?
Borrowing against future earnings, issuing stocks, bonds, or just reinvesting current earnings. And yes, I'm aware that bonds have to be paid back over time.

Quote:
Also, how is this relevant when there may be little or no net cost imposed and a portion of revenues currently go to paying for leased space?
Because according to their CEO, there will be a cost imposed, and we're not likely to see the end of it.

Quote:
It is a fundamental part of the nature of business that customers provide moneys to companies which is in turn used to fund business-related expenditures.
Yes, I'm aware. That's what we're already doing, and they're operating in the black, which is as it should be... So why should they pass the cost of this down to us, too?
Reply With Quote