Soddy Daisy, TN
·EPB Fiber Optics
|reply to 25139889 |
Re: Comcap and AT&Trash
That's not the complete picture. It's easy to make your financials look good when you can bury costs in the power side of the house.
|reply to keithps |
the FTTH network can NOT be profitable nor can the city. IRS Law.
said by 25139889:
the FTTH network can NOT be profitable nor can the city.
It's not "profit", it's a "reserve fund". There are several government ventures that actually make money (shocking, and rare) -- however, on the whole, they tend to spend money faster than it can be printed.
Case in point... NC wants to up the sales tax to "fund education." Wasn't that the reason given for the cluster f*** known as the NC State lottery? Where's all the billions the lottery was supposed to generate "to fund education"?