This is absolute folly. This is like maxing out your credit cards to pay you balances. You will pay back more in interest charges than you borrow. You'll never be out of debt.
How did O'Brien vote on this issue? Need I ask? How about Tercyak, Geragosian, Boukus? Again, need I ask?
O'Brien wants to be Mayor of New Britain? NO THANKS!
Frank:
ReplyDeleteThis is absolute folly. This is like maxing out your credit cards to pay you balances. You will pay back more in interest charges than you borrow. You'll never be out of debt.
How did O'Brien vote on this issue? Need I ask? How about Tercyak, Geragosian, Boukus? Again, need I ask?
O'Brien wants to be Mayor of New Britain? NO THANKS!
Maybe the legislature plans to borrow Obama's printing press?
ReplyDeletemore debt for our grandchildren to pay?
ReplyDeletePass a $1 B healthcare mandate then borrow $1 B to plug the hole in the budget? Is this what passes for leadership nowadays?
ReplyDeleteDoes this mean O'Brien and company just built in a $1B deficit every year?
Does this mean O'Brien and company just built in a $1B deficit every year?
ReplyDeleteI would expect the cost to be much more than $1 billion, they always grossly underestimate the costs of their social programs.
Is this the leadership you want for your city. Imagine how high your property taxes can go!