Town Of Portsmouth Wind Turbine Bunce Scheme Continues 8/27/2012
Posted in the Rhode Island Forum
#1 Aug 26, 2012
The Town of Portsmouth is discussing investment recommendations for repairs on its three year old wind turbine. Sooner or later the town council will have to vote on the wind turbine repairs. The council are the individuals who have the responsibility of investing and monitoring the cash revenues taken in from real estate taxes.
The town owned turbine has recently become a high risk investment falling on bad fortune. The town purchased a three million dollar commercial wind turbine and put it into service in March of 2009. The turbine had been sold to the town with only positive information that the turbine would last twenty years.
Here is how the bunco scam or swindle works. The town buys a 3 million dollar wind turbine. The commercial wind turbine industry has a dirty little secret that the gear box units, the heart of the turbine,only lasts a few years just enough to get past the warranty period.The wind industry just happens to have companies in the secondary market that for a million bucks they can restore your turbine likes new.Wow!
The town council looks stupid if they choose a loser but it's not their money and so they aren't so worried about it. The wind industry officials tells them that they should repair the turbine, and do their job correctly. That way the taxpayers don't feel "tricked in a bad way" when the town council got fooled.
Commercial wind turbine salespeople are masters of perception. They read emotions and use them against you. The Town of Portsmouth had been screaming for a commercial wind turbine since 2004. Individuals in Portsmouth had been duped by the "green scam" thinking economic independence for years to come.The wind industry sold them a turbine.
Like a game of Three Card Monty the town council will meet again Monday night August 27,2012 to pick another card at 7 PM .
Add your comments below
|sarah beth zink||Jan 5||know her||5|
|Democrats think Trump won on economic issues - ...||Dec 25||The Real Donald T...||3|
|Horror hills||Nov '16||Someone||1|
|Kitchen Cabinets For Sale In Bracknell Forest A...||Nov '16||nove01||1|
|shortage of women in rhode island! (May '12)||Oct '16||need answers||3|
|Curt Schilling eyes US Senate run against Eliza...||Oct '16||Lawrence Wolf||5|
|...'' l....Love Rhode Island..''' (Sep '10)||Sep '16||Peter WolfMan 363||6|
Find what you want!
Search Rhode Island Forum Now
Copyright © 2017 Topix LLC