Jogeephus
Well-known member
Need a little help with something. Had breakfast this morning with a contractor and we were discussing a little venture and I need your help with the math.
Lets say the contractor and I went in together and built one of those big furry rainbow things the government wants so bad. The government will reimburse us 90% of the cost of building the little furry rainbow thing and we can probably pad the bills to where they will pay 100% possibly even 120% but lets say we don't and we play honest. Now if we were to do this we are guaranteed an 18% return on our investment for 20 years - assuming of course someone in Washington doesn't get smart and call this a waste of taxpayers money and change the law but this isn't likely to happen because its furry and rainbowish.
My question is this, what would you say would be our rate of return if we built this big furry rainbow things without the government paying for 90% of it?
Lets say the contractor and I went in together and built one of those big furry rainbow things the government wants so bad. The government will reimburse us 90% of the cost of building the little furry rainbow thing and we can probably pad the bills to where they will pay 100% possibly even 120% but lets say we don't and we play honest. Now if we were to do this we are guaranteed an 18% return on our investment for 20 years - assuming of course someone in Washington doesn't get smart and call this a waste of taxpayers money and change the law but this isn't likely to happen because its furry and rainbowish.
My question is this, what would you say would be our rate of return if we built this big furry rainbow things without the government paying for 90% of it?