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Victorian State Election
#38
(11-26-2018, 03:07 AM)capcom link Wrote:Mr Andrews disputed whether the contracts signed by the Government with the wining consortium yesterday were legally binding.

“There is nothing to walk away from, be very clear about this, the contracts are not worth the paper they’re written on,” Mr Andrews said. “This is not a legally binding contract.”


One billion plus later

Dont believe everything they write about 1 billion plus later.

They often do the creative accounting.

The plans cost X
The property acquisition to put the proposal into realistic territory (including compensation for people losing their homes) cost X (note real estate will have higher value today than it did when it was purchased)
The legal fees of signed contracts cost X
The exit fees of signed contracts cost X
The Productivity loss of the employees who worked on the proposal and then cancellation cost X
The cost of borrowing money to make the proposal "real" cost X.

In total, it cost 1 billion plus only for Mr. Andrews to "not build a road".

Only one component of which is his direct fault, and wouldn't have cost 1 billion by itself.  It's also worth remembering, that the money borrowed for said road, sat in a bank account earning interest until it was fully cancelled which was ignored.

This is how your political spin doctor statement arrives at Mr. Andrews costing 1 billion+ to not build a road.

Its all bulldust.  Politicians should be running the AFL.  They are career liars.
"everything you know is wrong"

Paul Hewson
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Messages In This Thread
Victorian State Election - by Lods - 11-24-2018, 09:10 AM
Re: Victorian State Election - by kruddler - 11-24-2018, 09:31 AM
Re: Victorian State Election - by cookie2 - 11-24-2018, 10:02 AM
Re: Victorian State Election - by Gointocarlton - 11-24-2018, 10:45 AM
Re: Victorian State Election - by LP - 11-24-2018, 12:28 PM
Re: Victorian State Election - by DJC - 11-24-2018, 12:36 PM
Re: Victorian State Election - by Baggers - 11-24-2018, 10:18 PM
Re: Victorian State Election - by DJC - 11-24-2018, 10:47 PM
Re: Victorian State Election - by Bear - 11-24-2018, 11:12 PM
Re: Victorian State Election - by cookie2 - 11-24-2018, 11:20 PM
Re: Victorian State Election - by DJC - 11-25-2018, 01:08 AM
Re: Victorian State Election - by ElwoodBlues1 - 11-25-2018, 01:47 AM
Re: Victorian State Election - by cookie2 - 11-25-2018, 02:04 AM
Re: Victorian State Election - by Professer E - 11-25-2018, 02:05 AM
Re: Victorian State Election - by ElwoodBlues1 - 11-25-2018, 02:14 AM
Re: Victorian State Election - by cookie2 - 11-25-2018, 02:22 AM
Re: Victorian State Election - by ElwoodBlues1 - 11-25-2018, 03:40 AM
Re: Victorian State Election - by cookie2 - 11-25-2018, 04:10 AM
Re: Victorian State Election - by Gointocarlton - 11-25-2018, 04:14 AM
Re: Victorian State Election - by Professer E - 11-25-2018, 04:17 AM
Re: Victorian State Election - by Gointocarlton - 11-25-2018, 04:33 AM
Re: Victorian State Election - by cookie2 - 11-25-2018, 05:21 AM
Re: Victorian State Election - by laj - 11-25-2018, 05:47 AM
Re: Victorian State Election - by laj - 11-25-2018, 05:53 AM
Re: Victorian State Election - by Baggers - 11-25-2018, 07:17 AM
Re: Victorian State Election - by Professer E - 11-25-2018, 07:19 AM
Re: Victorian State Election - by Baggers - 11-25-2018, 07:31 AM
Re: Victorian State Election - by Professer E - 11-25-2018, 07:39 AM
Re: Victorian State Election - by capcom - 11-25-2018, 07:44 AM
Re: Victorian State Election - by ElwoodBlues1 - 11-25-2018, 08:07 AM
Re: Victorian State Election - by kruddler - 11-25-2018, 09:41 AM
Re: Victorian State Election - by Thryleon - 11-25-2018, 12:21 PM
Re: Victorian State Election - by Thryleon - 11-25-2018, 12:25 PM
Re: Victorian State Election - by laj - 11-26-2018, 12:40 AM
Re: Victorian State Election - by LP - 11-26-2018, 12:49 AM
Re: Victorian State Election - by DJC - 11-26-2018, 01:04 AM
Re: Victorian State Election - by capcom - 11-26-2018, 03:07 AM
Re: Victorian State Election - by Thryleon - 11-26-2018, 03:25 AM
Re: Victorian State Election - by LP - 11-26-2018, 03:31 AM
Re: Victorian State Election - by capcom - 11-26-2018, 04:55 AM
Re: Victorian State Election - by Thryleon - 11-26-2018, 05:08 AM
Re: Victorian State Election - by laj - 11-26-2018, 05:53 AM
Re: Victorian State Election - by Bear - 11-26-2018, 07:08 AM
Re: Victorian State Election - by Professer E - 11-26-2018, 07:12 AM
Re: Victorian State Election - by kruddler - 11-26-2018, 07:26 AM
Re: Victorian State Election - by Thryleon - 11-26-2018, 11:33 AM

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