Comment Re:A business investment. (Score 0) 326
"Saturday's vote authorizes Lafayette Utilities System to sell up to $125 million in bonds for a fiber to the home and business project."
How do you think bonds are paid back? Personally, I've never seen someplace lower taxes once they've been raised.
So it brings in more 'honest' persons to live in the area, and you can reduce the need for some police force, well, you still have to find a way to pay for the installer, maint people, administrators, etc, etc. At best, it's a 1:1 ratio of loosing people to gaining people workforce wise.
Now, that's just for the city workers. Let's talk about other smaller companies (50 people) that currently try to compete, or offer services that compliment someone elses existing service.
COX will no longer need as many installers, SBC won't either. What about those people going on goverment aid.
The city would have made a better move to openly give access to land that has already been set aside, for telcom providors, instead of either saying no.
The only people that make out in the end, are the people that sold the idea to them, and got the contract to install it. Everyone else looses.
How do you think bonds are paid back? Personally, I've never seen someplace lower taxes once they've been raised.
So it brings in more 'honest' persons to live in the area, and you can reduce the need for some police force, well, you still have to find a way to pay for the installer, maint people, administrators, etc, etc. At best, it's a 1:1 ratio of loosing people to gaining people workforce wise.
Now, that's just for the city workers. Let's talk about other smaller companies (50 people) that currently try to compete, or offer services that compliment someone elses existing service.
COX will no longer need as many installers, SBC won't either. What about those people going on goverment aid.
The city would have made a better move to openly give access to land that has already been set aside, for telcom providors, instead of either saying no.
The only people that make out in the end, are the people that sold the idea to them, and got the contract to install it. Everyone else looses.
