Quote:
Originally Posted by jrc
While I know this doesn't fit the narrative about the evils of private enterprise, someone has the landlord and the tenant swapped. This snip is from the Concord Monitor story:
"Ray and McLear will sign a 35-year lease with the state that calls for at least $23 million in rent payments and a tiered percentage of fuel and other sales. In total, the state could bring in about $38 million."
So the state will receive money from this deal.
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So the state pays 35 million dollars now and may get $38 million over a period of 35 years? Wow, what's that about .000001% interest? A great deal, NOT!