30 August, 2007

What will it take to sink this ship?

Just when you thought we had heard the last about the fast ferry, it is back in the news. It seems that a law suit has been filed against the city. The suit alleges that the city had no authority to purchase the failed venture.

Now, I completely agree that it was about the dumbest thing for the city of Rochester to do, but will a law suit fix it? It will just end up costing the city more money.

First, the city will have to spend money to defend itself.

Second.. if they lose, what happens? Will they have to buy the boat back from Germany to let it get repoed by the myriad of creditors?

We should just let it go. Cut our loses, and move on to the next waste of tax dollars.. Renaissance Square.

Just remember, when the Renaissance Square project fails, we can't sell it to the Germans.

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