Thursday, December 11, 2008

The Editor's Notepod, Thursday, December 11, 2008

Area: Bus transit plans canceled. This is penny-wise and dollar foolish. Even though the price of gas is down. And it is certainly a strangeness that profits go up when price of gasoline goes down. I suppose they sell more gallons, and there’s also more room for the profit margin. Also, just as the CEO of the ICPA says, that stations don’t pass on the full extent of the price increases, they probably don’t pass on the full extent of decreases, either. That’s not just gas stations. Any volatile market would work that way, I’d think.

Southington: Up-close on Eric Daigle, and the whole story. I think it’s too bad that it all worked out in this manner. As we said when Daigle’s name was originally mentioned, he seems like a natural asset to a police department.

Meriden: Crestwood II rent increases demonstrates the dark side of the federally assisted development, which is that eventually, the federal assistance is paid ff, and the owner is then able to move toward the market value, never mind who the tenants are.

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