Monday, April 09, 2007
Soon Americans may be able to push back even the most basic forms of spending: parking meters. Wisconsin is testing the waters in the capitol city of Madison with new meters that will accept credit cards. The city said it would begin testing the new meters next month and leave them in operation for 90 days. Instead of a line of gray meters, the new system will use a single battery-powered box that controls up to 14 spaces. While each system costs $10,000, the city hopes to recoup the costs with collection and maintenance savings. The spaces will cost $1.25 per hour but the city could change the rates at different times of the day depending on demand. Some see this move as yet another move towards a cash-less society that further leverages itself with debt in order to cover even more of our daily lives.

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