Saturday, August 06, 2005

Coincidences?

The average parking meter in Boston requires repair four times a month. However, meters near restaurants which offer valet parking have to be repaired much more often. Coincidence or a profit-making opportunity?

Valet parking companies are required by law to park cars in garages. Of course, the valet people have to pay the garage. If they can park cars on the street, they pay no one and lower their cost of doing business. Ergo, net income is higher.

Is it a coincidence that 500 foreign objects were placed in meters in the major restaurant district in July? It certainly doesn't sound that way to me.

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