Friends and readers.
Lothian Buses are in line to be fucked up by this incompetent corrupt Council. A perfectly good operation is about to be robbed of millions of pounds to help pay for an extension to a worthless, loss making, needless vanity project.
If you started a company, you’d need funds to invest. TfE just appears out of the dust of the quango ”Transport Initiatives Edinburgh”… and everyone assumes its ‘Edinburghs’.. but is it? What happened to the funds/assets in TIE? Why is it still an active company? We all just assume ‘the council’ has made a new company, but the same council had ‘no money’ to line the parks football pitches, or keep toilets open etc etc . “Its the councils company” folk say “but the council is ours isn’t it”? ….or is it? So who owns these companies .. they say they’re owned by the people but they’re not.. you can’t take your share or transfer ownership but you are the one paying for it .. you’re paying for the trams but cant just walk on or sell your shares.. Who owns these companies they make? Is it really just the lawyers making money?
TRANSPORT FOR EDINBURGH LIMITED
55 ANNANDALE STREET, EDINBURGH, MIDLOTHIAN, EH7 4AZ
Net Worth: £90.9 million
TRANSPORT INITIATIVES EDINBURGH LIMITED 4TH FLOOR SALTIRE COURT,
20 CASTLE TERRACE, EDINBURGH, LOTHIAN
Net Worth: £0
It’s only right that Prada Hinds destroys Lothian Buses as a final reminder to future generations what she and her party can do, and did, to what should be a wealthy, well maintained city. There’s nothing left to ruin, so why not? Crack on, sell Lothian Buses. At least the next administration and council tax payers will understand why the city is in the state it is in and can begin the arduous task of undoing the damage that has been done. The place is a mess. It’s bankrupt. Schools are falling apart. The roads are a disgrace and an embarrassment. People can’t get to or from work timeously in the early hours due to potholes and ludicrous speed restrictions, road closures and a multitude of other unnecessary restrictions. And £10s, millions poured down the drain every year on a seasonal tourist tram fiasco, going hand in hand with an unpayable debt. Statutory repairs. Baby ashes. Corruption. Cafe culture. Pollution. Congestion. Parking charges. Hogmanay Calton hill closure. £20 festive season access tickets. The list goes on and on.
Pilton Sucks is not the predicting type but on this occasion we cannot resist it.
We predict this carve up will Go ahead and at least one of the Councillors who are standing down will be given a substantial salary to be on the new board. Prepare for conflict ahead.