Why America’s Grand Bike-Sharing Experiment Is Failing
22nd January 2014
Hint: People steal stuff left out, especially in Blue State behavioral sinks like New York and Chicago.
The Montreal-based bike-sharing company Bixi is like something out of a right-wing nightmare.
Bzzt! Wrong. Obama is like something out of a right-wing nightmare. Bixi is like something out of a left-wing wet dream. There is a difference, not that Time magazine would know it.
The firm is a government-owned entity, in Francophone Canada, that sells solar-powered bike-share equipment for cities around the world.
A recipe for failure if ever I saw one, not that Time magazine would know it.
And yesterday, the company filed for bankruptcy protection, citing $50 million in debts. Part of the shortfall comes from $5.6 million owed the company by bike-sharing programs in New York City and Chicago, payments that have been withheld because of widespread problems with the company’s software which reportedly have caused many users to be unable to rent or return bikes.
My, what a surprise! Aren’t you surprised? I’m sure surprised.
January 23rd, 2014 at 04:53
The Montreal-based bike-sharing company Bixi is like something out of a right-wing nightmare.
Unbelievably, this is the first sentence of the article. Because the most important thing about any news is the reporter’s posturing, politics, and who-whom. Can’t report. Must editorialize. Morons.