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alstry (35.18)

The Industrial Age...Going...Going....

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March 27, 2010 – Comments (2)

Like nearly every other transit agency in the state, AC Transit faces a huge deficit. And like many of those agencies, the East Bay's bus operator is making major service cuts to help balance its budget. AC Transit's service reductions take effect Sunday, with commuters and students feeling the full brunt of the cutbacks on Monday. And most riders will feel the pain. AC Transit is cutting service by about 8 percent, but the cuts will affect 108 of 113 routes. A total of 31 routes will be eliminated, others will run shorter hours or require longer waits, and some will be shortened or otherwise rerouted.

 http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/03/26/BAOS1CM0V2.DTL#ixzz0jPsxMMCgYOU CAN ONLY CUT SO MUCH BEFORE THERE IS NOT MUCH LEFT TO CUT....."We've gone through fare increases, salary freezes, hiring freezes, layoffs and 15 percent reductions in every department budget," he said. "We're left with this - streamlining service."

It really is not very complicated....when you cut off credit to a credit dependent economy and pay savers nothing while letting bankers borrow for free and loan to the government.....eventually the private economy shuts down and tax receipts to government evaporate.....some call it Zombulation.

2 Comments – Post Your Own

#1) On March 27, 2010 at 7:37 PM, HarryCarysGhost (99.68) wrote:

Alstry.

If we move from the Industrial age to the Digital age, can you give a short list of stocks that will benefit. 

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#2) On March 28, 2010 at 10:23 AM, alstry (35.18) wrote:

Those companies focused on nooklear power;)

Companies focused on high speed electric land transit

Companies delivering convergence communications

Online education suppliers

 

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