THE MARKET WILL NOT SUPPORT THREE BRIDGES

I cannot believe the statement made. Finally, the truth is coming out. As you will see, I was not that far off the mark in speculating what the DRIC process was really about.

To be direct, if I am right, taxpayers on both sides of the border should be outraged at the incredible waste of taxpayer dollars. Heads should roll.

In Canada, the Auditor General should act immediately and investigate what has happened. It is a national disgrace. "The Office of the Auditor General (OAG) audits federal government operations and provides Parliament with independent information, advice and assurance to help hold the government to account for its stewardship of public funds." Now I suspect I know why Minister Cannon is afraid to come to Windsor

Read this Question and Answer that came out of the Official Minutes of the DRIC Public Meeting held in Detroit on March 21, 2007

• Q. – Betty Hegedus said she is a lifetime resident. An El Central newspaper article says a sixlane, cable-stayed bridge will be added next to the Ambassador Bridge. So, if they do their project, does that mean there will be three bridges?
  
  R. – We do not know whether that second span of the Ambassador Bridge will happen. Nonetheless, it is believed (by Joe Corradino) that the market won’t support three bridges.

DUHHHH do they still think the Ambassador Bridge is fooling! I guess they must or else they would have to fold their tents and disappear into the night. In other words, the only reason they are around is for "insurance" purposes and to justify spending more money they have to say that the Bridge Co. may not do what they say they are going to do!

Mr. Corradino just proved everything I have been saying on finances is correct.

NOT ONLY WOULD A P3 BRIDGE GO BANKRUPT BUT IT WOULD PROBABLY TAKE ALL OF THE CROSSINGS IN SW ONTARIO AND SE MICHIGAN DOWN WITH IT.

The consequence of this would be massive subsidies required to be paid by the four Governments in order to keep the bridges operating or the economies of our countries would be in a mess.

HAS SOMEONE TOTALLY LOST THEIR MINDS! WILL THIS MADNESS FINALLY CEASE!

Which investor would finance a P3 bridge now unless the Governments put the Ambassador Bridge out of business or buys their business!

As I said before...isn't this what DRIC is all about! "Create the possibility of a new crossing with the Americans" to force the owner of the Ambassador Bridge to sell out cheaply!

It also proves that the DRIC traffic numbers are worthless if the market cannot support another bridge. That was the basis of moving forward. No wonder new reasons kept popping up for building a new bridge. All of them phony too.

Seriously, with the melt-down in the Michigan economy, with no money for the new Bridge in the Provincial budget and a ridiculously low sum in the Federal one, does anyone really think that Governments really want to build or can build a new bridge here now.

Isn't the issue now who is going to swallow their pride and be the one to ask the Bridge Co. to build that bridge. Sandra and Dwight need jobs, jobs, jobs that would be created by the project for their re-election. Harper hopes he might pick up a seat or two here. Granholm needs the Federal matching grants and something to get the economy going.

Get out of the way as they all run to the Bridge Co. office to be first in line!