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July 28, 2005

Top 10 things the MTA learned from the West Side Stadium debacle

10. You really CAN raise fares and cut back service while subsidizing developers.
9. Picking the low bidder, gives hope to underdogs everywhere.
8. Voodoo economics isn't just an 80's thing.
7. Just because the public thinks you're a puppet, is no reason NOT to act like one.
6. A bird in the hand is worth more than three in the other hand.
5. Fuzzy math isn't very fuzzy wuzzy, was he? Not if you're a designated developer!
4. The best way to not select the low bidder is to "negotiate" with the low bidder.
3. Hey, it's not cronyism if no one gets paid off.
2. Negotiating with two bidders is "immoral," but sweetheart deals aren't.

...and the #1 thing that the MTA learned from the West Side Stadium debacle is,

ABSOLUTELY NOTHING.

Posted by lumi at July 28, 2005 10:52 AM