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Hamilton's fifty Million short


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editor
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The Older I get The less I know for sure


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« on: September 12, 2007, 06:48:27 pm »

Fifty Million shortfall

Re-CATCH News September 12, 2007


Caused by "heavy spending in previous years" The Red Hill project that was to immobilize industrial growth that was supposed
to justify this expenditure, including the millions in overrun costs. Waste management, the wasted distribution of the green containers
to thousands of homes that should have been encouraged to compost, including the distribution of such to farming communities.
These are only a couple of disasters that epitomizes the direction of this City.   Additionally one has to economically examine the cost
of returning to two way traffic in the downtown area, when in fact has added little to nothing and if anything has only created more
frustration. In addition the billions spent on the airport project without insuring a meaningful time line for financial return. Including
the thousands of dollars spent on outside sourcing on ideologies and projects that have never see the light of day, like Oil peak,
and others...A 50 million dollar oversight from previous year suggest that this city's erosion continues in the same direction that
it has for the past decades.  The more things change the more they remain the same...it truly speaks loudly of the increase of
councilors  wages and the comments of our new mayor promise, who stated that this city would be run in a business manner.
Considering this short fall this council and mayor should take a leave of absence without pay, until that can come up with a strategy
that will recover such funds, without raising taxes. Any business that operated in such a fashion would fall into receivership until a
court is satisfied there is a reasonable restructuring plan... One that is satisfactory to the majority of the share holders or find some
new investors.

Where does it end...on the backs of the poor?


What do you think...?

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ham_editor@yahoo.ca
« Last Edit: September 13, 2007, 08:49:16 am by editor » Report Spam   Logged

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