
“Though Redflex made $361,200 from operating the cameras in El Cajon, the city ended up losing $62,000 after ticket revenue was split with state and county governments. Money was not an issue in South Gate which also terminated its contract earlier this month. Officials predicted the program would make $75,763 in profit for the South Gate and $336,319 for Redflex out of the $5 million worth of tickets issued. After ten years, the city council decided to end the program based on public input. Cities have also recently been spooked by the Redflex bribery scandal in Chicago, Illinois that has already cut the Australian firm’s profit in half.”
http://www.thenewspaper.com/news/42/4216.asp
Related posts:
Dentists vs. Smiles
Imprisoned CIA Torture Whistleblower John Kiriakou Pens “Letter from Loretto”
Trump Nuke Plan Resets the Doomsday Clock
Gold Sector Analysis: Gold Blows Up, Travels to 1300 on EU Easing
How the CIA Maneuvered to Get Secret Information From a Swiss Banker
Drone drops drugs into Ohio prison yard, inmate brawl ensues
Bitrated: You Can No Longer Say Bitcoin Has No Consumer Protection
Brooklyn Bodega Owner: Why Merchants Should Start Accepting Bitcoin
Minnesota Food Freedom Farmer: Alvin Schlangen
Reality Check: VP Biden, "No law abiding citizens fears 2nd amendment infringement".
Familiar Price Gains, Updated Infrastructure: A Look at the Bitcoin Economy
11 GOP convention speakers who actually ‘didn’t build that’
UBS starts Singapore gold-vault service amid bullion rout
Jacob Hornberger: Trump’s New War for America
Another Failed Gun Control Experiment