Incompetents on Incompetents: Chron editorial board reduces $180 million METRO writeoff to $12 million

Use it or lose it: Metro's budget shuttle to the airport needs support from riders and stakeholders - Houston Chronicle

Considering that Metro has a nearly billion dollar budget and just this April wrote off $12 million in wasted investments, a $1.9 million a year airport shuttle doesn't seem that extravagant.

$12 million writeoff?

Try $180 million ($168 million, as first reported by Mike Reed and the Examiner news -- and later updated to reflect a $180 million writeoff).

Confusing a $180 million writeoff for $12 million is about what we'd expect from the same newspaper that saw fit to turn Mike Snyder and Lisa Falkenberg loose on a reporter actually doing watchdog journalism on METRO: Weak.

Posted by Kevin Whited @ 06/12/11 08:42 PM | Print |

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