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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (317889)8/1/2009 9:29:40 PM
From: unclewest2 Recommendations  Read Replies (2) | Respond to of 793912
 
Walking Away From A Billion Dollar Boondoggle

The total reported cost for the 4 subs was initially $6 Billion and grew to over $7 Billion.

They must have reintroduced accelerated depreciation to write off one of the four for $237 Million.

Put that kind of accelerated appreciation on investment real estate and even I might buy a distressed shopping center.

PS grandson got weathered out the other day. Made 2 jumps today from 13,500 feet.