Hell, why not? If banks, auto manufacturers, and more are all bellying up to the pork buffet, why can’t the MTA?
Senator Chuck Schumer wants the federal government to write a check for a few billion dollars to bail out the MTA.
Just think, this could have been done back when Congestion Pricing was all the rage. It wouldn’t have been a bailout either. Under the Congestion Pricing plan, the city would have received a massive grant to fund the building of the infrastructure to get the system off the ground…to the tune of $500 million. Much of it would have also went to improving services to handle the expected increase in ridership.
Then, the city would have created a new and massive revenue source…all of the congestion pricing fees (taxes) that could have been funneled right back into maintaining the MTA services.
But noooo…we had to block that. F*cking idiots. Everyone who opposed that plan should be booted out of office.
Would it have completely avoided the current crisis? Probably not, but it would have done a ton to make it better. The estimated yearly revenue generated from the congestion pricing plan is around $491 million. That would have gone a long way to helping get us out of the disaster we are currently lost in.
The MTA approved the doomsday budget yesterday that will allow them to hike the fares starting as early as Thursday this week. The new budget would/will need to be approved tomorrow (Wednesday), and the new fare would kick in Thursday.
How much? Single rides would be $2.50. The monthly unlimited Metrocard would jump to $104 at least (official source). It could be more if the MTA picked the plan that had no service cuts. However, it looks like there will be some service cuts in addition to the fare increase to keep the actual financial burden as low as possible.
So should I go buy 12 unlimited Metrocards right now while they are still just $81 ? Will they be honored? Technically, they don’t activate until their first use.
Was anyone delayed by the wall collapse on Lexington in the 30’s today?
Apparently, there was a 10 foot wall that collapsed at a construction site. Emergency officials evacuated a neighboring building as a precaution because they feared that the ground movement might make the foundation of that building unstable. It wasn’t really that bad though.
Then they ordered the MTA to slow train traffic on the 4, 5, and 6 through the area. The train vibration can cause more ground settling.
Just wondering if there really was a big delay or not. I’d imagine not. Probably just right when it happened.
People in my office were flipping out that another building had collapsed. Uhhhhh no. Go back to work.
So here’s an idea that came to my mind. I’m sure I am not the first one to think of this, so I’m by no means trying to take credit. I’m just trying to initiate the discussion.
What if Metrocards were priced based on residency?
People living in the 5 boros would receive a significant discount on Metrocards while people from out of town would pay the higher rate.
Let’s assume that the price of all fares are going up. With that in mind, let’s make the out of towner rate a premium and residence get a break. Maybe the price of a monthly unlimited card goes up to just $90 for residence.
You could sell them like TransitCheks. Residents would simply receive their cards via mail or from their employers. Or maybe it is just one card that automatically gets renewed month to month. That way you would be able to verify who is a resident.
You could attach it to drivers liscences or ID cards even!
Just an idea.
Mayor Michael Bloomberg said it best today when he summed up the state of the MTA. He says the MTA does not have a single dollar for it’s 2009 capital plan. Not just falling a little short…literally does not have a single dollar.
So now law makers are scrambling to find revenue alternatives. They are getting very desperate.
Governor Paterson is throwing around things like East River tolls, fare hikes, service cuts, and on and on.
You can refresh and vote up to three times if there’s more than one you like.
There’s probably some ideas missing, so hit them up in the comments.
Due to a complete cluster f*ck of the MTA financial systems, the Daily News reports that the MTA has drawn up plans to shut down the W and Z lines as well as turn the J into a local train.
These plans are not official, but they seem like they’ll have to be put into place.
Additionally, as many as 1,500 jobs could be cut, overnight waiting times up to 30 minutes, and a fare hike making a single ride $3.00 seems to be right around the corner.
Here lies the problem. The MTA is a bureaucracy controlled by the State up in Albany that really only impacts the lives of people in New York City. (Yes, I know the MTA runs services in the burbs such as buses, etc. But I’m concentrating in the bulk of the issues which are here in the city.)
So there really isn’t enough outrage on behalf of the citizens of New York. For example, people living in Utica, NY could give a crap if the subway runs on time, or if the W and Z lines continue to be around. So they aren’t going to say anything. Actually, they’re probably against financial support of the MTA because it has nothing do do with them really.
Mark my words, major sh*t is about to go down.