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This page contains a single entry from the blog posted on October 25, 2009 12:15 PM. The previous post in this blog was First week's 'dog picks are in. The next post in this blog is Counsel, submit your briefs -- ewww, not those. Many more can be found on the main index page or by looking through the archives.

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Sunday, October 25, 2009

How governments go broke

They sign up for "great deals" with Henry Paulson and his pals.

Comments (10)

Yeah, and we get to pay for an unnecessary 1 billion in debt treatment system for a public health problem that doesn't exist.
. and yes your water rates will double in less than 5 years.

Maybe it doesn't exist for you Lawrence.

I said public, not private, Robert.

Please don't shoot the messenger.

Here's some info:

http://friendsofreservoirs.org/

Maybe Sam and Randy can follow Chicago's plan with a little help from Paulson.
http://cbs2chicago.com/local/water.system.2.1267896.html

I'm surprised there's no post on the O's front page fluff puff piece on LLP today.

Highlight: LLP wasn't born with a silver spoon in his mouth -- he just got picked up from private school in time for family vacations to the Galapagos.

Takeaway: If he's guilty of anything, it's innocence!

I commented on it over there. The fact that the O had Anna Griffin rewrite John Canzano's earlier puff piece isn't worth wasting space on on this blog.

Fair enough, today's feature is somewhat of a rehash. Still, it has a fair share of howlers, and it's on the front page.

The story reminds me of the saying, "From sandals to sandals in three generations" -- although in this case the second generation goes barefoot (but only cos it's cool).

He asks us to please remember that he is not a dilettante, because pappy expects to get paid back someday. 'nuff said...

A good case can be made to end all public-private partnerships. Almost always they end up benefiting a few private individuals while fleecing the taxpayers.

"The quick brown fox jumps over the lazy dog"

Speaking of Paulson and his ilk, there's no one who writes about them better than Joe Bageant, author of the outstanding "Deer Hunting with Jesus"

His latest if superb:

http://www.joebageant.com/joe/2009/10/raising-up-dead-horses.html




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