“Stephen Reed, Harrisburgs former mayor who ran the city for 28 years, brought it to near bankruptcy as the more than $500 million in bond deals he oversaw to finance development projects drained the city’s coffers, according to Bloomberg.”
Sounds like what is going on in D.C.
Sounds like what is going on in D.C
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DC ended up with a 400 mill (give or take) surplus.
THE ONLY thing (officially) NOT mentioned is giving it back to the taxpayers.
HIZHONOR, MAYOR FOR LIFE, Marion Berry (The Biatch set me up) took after the Comptroller - who Resigned yesterday.
Berry’s BIGGEST problem is “HOW stupid is the administration to allow that money to be shown as a plus. Back in my day, we had stopgaps to PREVENT extra monies from being found”.
Of course MB was one of those pols that truly thought “THE BUCK STOPS HERE” only he was talking money, not scruples.
I heard that from the ‘fly on the wall’ that was present.
Hell, if it works for Reid, it should work for me.
http://www.pennlive.com/midstate/index.ssf/2012/06/former_harrisburg_mayor_stephe_3.html