[PRCo] Re: Maintenance standard
Boris Cefer
westinghouse at iol.cz
Wed Jun 14 13:01:34 EDT 2006
But LATL did not buy the PCCs to scrap them.
----- Original Message -----
From: "Fred Schneider" <fwschneider at comcast.net>
To: <pittsburgh-railways at dementia.org>
Sent: Tuesday, June 13, 2006 11:46 PM
Subject: [PRCo] Re: Maintenance standard
> OK, Boris. LATL did better. From your point of view. Now from a
> business point of view they were stupid. One doesn't spend money
> maintaining a property that you are going to scrap. That was
> taxpayers money. It constitutes malfeasance in office. And if it
> were a private corporation, it was the stockholders' money that was
> thrown down a rat hole and you don't spend the stockholders' money
> fixing something you plan to retire if you want to be relected to the
> board next year.
>
> What makes sense is buying a piece of machinery and running it to
> make money until that piece of machinery is worn out and then
> scrapping it. Fixing it and then scrapping it is not something a
> sane businessman does.
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