Thursday, February 25, 2010

Today's Tribune column: "Take my city — please?"

When failure is the mantra, then there's only one way to make the prophecy self-fulfilling.

BAYLOR: Take my city — please?

Amazingly, others among us believe that the best way of coping with the sewer utility’s financial crisis is to take every last cent of the city’s economic development money, both now and for decades into the future, and use it as a subsidy for today’s rates. My 3rd district councilman, Steve Price, suggested exactly this approach, aloud, last week.

2 comments:

  1. If I were a bondholder, I'd come get it now. What current evidence is there that would reassure them about recouping their money otherwise?

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  2. I have a post in reply to "Take My City" that's a take on our city in other words (fairytale format). However, it is too long.

    Anyone who would like to read my Fractious Fractured Fairytale about NAMU and our sewer system, please send me e-mail at kat330@gmail.com. For "Rocky and Bullwinkle" fans (if anyone here is old enough), it will be a fun reminiscence.
    Kathleen

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