efanton wrote: » Yes, and then some NTR the private company that had a stake in the M50 toll recouped its costs of building the M50 bridge all the way back in 2007/2008. The bridge cost NTR €58m to build, and they have been making in excess of to €40m a year profit since. Apparently the bridge is now in sole ownership of the state, but the tolls have not gone away. From 2005 to 2020 it is estimated that the tolls generated €936 million in revenue, of which €616 million, net of taxes, went to NTR In essence the Irish motorist/taxpayer has spent close to a BILLION euro for a bridge that should have cost less than €60 million to build. Do you still believe and trust in Public/private projects representing value for money?https://www.independent.ie/irish-news/private-firm-to-reap-115bn-bonanza-from-m50-toll-deal-26628381.htmlhttps://www.irishtimes.com/news/state-bodies-to-get-936m-from-tolls-on-m50-bridge-1.477789
Shefwedfan wrote: » You do realise the M50 was massively updated recently......plus what about newlands cross? Did that money just magic itself up :P:P:P:P
efanton wrote: » I have no doubt lots of things have been built since. That is not the point. the point was the government at the time (FF I believe) introduced tolls and brought in a private contractor to build and operate the toll on the promise that this was a cheaper and more affordable way to get this particular public infrastructure built. THe M50 toll was never itended to be a cash cow, the toll was supposed to be in place for as long as it took for the company that built it to recoup their costs and make a REASONABLE profit. I do not call €500+ million a reasonable profit on a €58 million investment, I would call that outlandish. Even if you did agree with the principal of Tolling, which I dont, why would FF hand over a structure that costs €60 to build and generate so much profit to a private enterprise. Remember €600 million of the tolls collected HAVE NOT been spent on further public infrastructure they have gone directly to a private company. I'm sure that money would have paid, or almost paid, for all further upgrades of the M50 So are you still going to argue that Public/private infrastructure project offer good value for money?
Shefwedfan wrote: » Your going in circle, need to stop reading the SF bulls**t If you don’t want to use the m50 get public transport
efanton wrote: » Thanks for the link. Yes I was mislead, being that I saw tolls being collected by a private company. I was not aware they were contract by Transport Infrastructure Ireland. But my point is still valid. Why are people still having to pay for tolls on the M50 when that project and the sub contractors who built it have been fully paid for? Another broken promise by the existing and previous governments. Worse, why have those tolls be allowed to increase being that the project was fully paid for? It is a public road and should be funded through motor tax.
Runaways wrote: » Aren’t FG planning to spend billions building a national broadband network to then hand it over to a private interest for profit? I’m sure I heard that somewhere
Runaways wrote: » Sorry but that’s a really childish attempt at retort. Ps you’ll find the vast almost complete majority of the doleites and waster you all so despise don’t use the m50. Not having cars and mainly using public transport. That same cohort rarely of ever turns up to vote either. So it wasn’t them voted for SF in any significant numbers. You’re going to have to wrap your head around the fact that SF are the now most popular party in the country and it wasn’t down to any populism. Childish and Ill informed to suggest it is. We’re an educated and tuned in population and electorate thanks to our small size nothing much slips last even the most uninterested person. Listen to 98fm any day of in doubt of that. They’re only going to become more popular if FFFG shack up again and implement more austerity which is likely. They’re going to get savaged completely next election if they do. They’re done for.
blanch152 wrote: » Yes you did, on some fake news propaganda website. The national broadband plan is a bad idea, but not for the reasons you state,
blanch152 wrote: » Lol. Delusionally funny post. We can’t even socially isolate properly, yes, a majority of the population is well-educated but it is the 25% of the population mired in the entitlement culture who are going to kill us all,
Runaways wrote: » It’s not a bad idea it’s vital for continued FDI and infrastructure nationwide moving on away from everything conglomerating around Dublin. We have and are moving into the regions. we have to. And without a serviced working broadband structure our economy and development will wither
blanch152 wrote: » There should be tolls across the M50. They should be in inverse relationship to the distance travelled.
Paschal Donohoe, the finance minister, said it was not possible for the state to interfere to prevent evictions but called for landlords to exercise “forbearance” with their tenants
The Government has announced a temporary ban on evictions and a pause on rent increases for an initial period of three months, while the Covid-19 crisis is ongoing.
blanch152 wrote: » Yawn, back to the future of DeValera’s Ireland of comely maidens dancing at the crossroads. The future is the cities - Cork, Waterford, Limerick and Galway - as well as a few other towns like Athlone and Sligo. It isn’t every hamlet in the country and every gombeen ribbon development along country roads.
efanton wrote: » LOL. It would be very hard for me to use either, I dont live in Dublin. That bullsh!t I was reading was the Irish Times. Would you suggest me reading the Irish Sun instead? Maybe you could suggest to me a paper that I should read instead? Do FG publish something similar to An Phoblacht, that might be an entertaining read
efanton wrote: » Because more congestion is exactly what Dublin needs. Tolls are a terrible way to pay for public infrastructure. They encourage those should use it most (heavy vehicles and company vehicles) to try use alternative routes defeating the whole point of them.
Runaways wrote: » Who hurt you ? It’s fine gaels idea. Not Sinn Feins. That’s gotta rankle. Itt was exactly those towns i was referencing. You also know that. Your post didn’t make much sense either thh
Shefwedfan wrote: » Dublin needs public transport which m50 pays towards, the toll should reduce people usage of the road but it doesn’t..... Taking a toll off the m50 would just increase traffic on it....less people using public transport Why would company vehicles not use it?
smurgen wrote: » Leave him off.just bitter that the leader off the party he allegedly follows is a national laughing stock talking about growing salads during a crisis.
efanton wrote: » But you miss the point completely, which is probably not surprising. If traffic flows quicker on the M50, and more commercial vehicles use it (especially the ones that would use it multiple times a day) the traffic on roads in the centre of the city would be less. That enables quicker and more frequent public transport. Plus the cost of repairing many roads on a frequent basis is reduced. The M50 is designed to carry heavy vehicles, many of the roads in the city were never designed to carry heavy vehicles which is why they are constantly being repaired and resurfaced. Again yet more money saved that could be used for Public transport. the reason why most people still use their cars rather than public transport is the time taken is often less. With faster public transport more would switch.
FrancieBrady wrote: » Things that happen because opposition put governments under pressure:https://www.thetimes.co.uk/article/state-bears-responsibility-for-renters-who-lose-jobs-due-to-coronavirus-3xr3cm0w3https://www.rte.ie/news/coronavirus/2020/0319/1124168-evictions-ban-coronavirus/ Results the fanboys and girls do not want to see. Insurance companies being pressured the same way.
