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This is a sub-selection from Comcap and AT&Trash

25139889

join:2011-10-25
Toledo, OH
reply to keithps

Re: Comcap and AT&Trash

the FTTH network can NOT be profitable nor can the city. IRS Law.


cramer
Premium
join:2007-04-10
Raleigh, NC
kudos:9

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"?