In article ,
Harryk wrote:

Canuck57 wrote:
On 18/05/2011 3:11 PM, LilAbner wrote:
http://greatlakesecho.org/2011/05/13...gan-approaches
-15-billion-gallons/


Sounds like time to arrest some local officials. Pretty darned stupid to
be dumping raw sewage these days. No excuses.

--
Take a look at ANY country, more debt is more problems. So why do we
allow our governments more debt? Selfishness, greed, denial, ignorance?

State and municipal infrastructure improvements usually are paid for by
the sale of bonds. Bonds mean more debt. So, you're against more debt
except when you are not.

The questions are, why are they in debt, and who got the money?
My suspicion is that the investors got the money, and the citizens got
the shaft.

There are 3 credit rating firms to my knowledge, Moody's, S & P, and
somebody else. These are the same firms that gave derivatives (toxic
stocks) AAA ratings. Yeah, that's my guess.
--
- Billy

Mad dog Republicans to the right. Democratic spider webs to the left. True conservatives, and liberals not to be found anywhere in the phantasmagoria
of the American political landscape.

America is not broke. The country is awash in wealth and cash.
It's just that it's not in your hands. It has been transferred, in the
greatest heist in history, from the workers and consumers to the banks
and the portfolios of the uber-rich.
http://theuptake.org/2011/03/05/michael-moore-the-big-lie-wisconsin-is-broke/