Considering the debt train wreck and the current request for taxpayer funds over the next three years the situation raises a question: at any point, or at all points, would/did the power purveyors of the museum become indebted to the point of a debt train wreck as they implicitly expected/were seeking a taxpayer bail out? That the amount of debt was a function of an implicit assumption that the amount of debt was of no matter, as eventually, taxpayer dollars would fund the amount of debt?
Ah, a debt train wreck.
ReplyDeleteConsidering the debt train wreck and the current request for taxpayer funds over the next three years the situation raises a question: at any point, or at all points, would/did the power purveyors of the museum become indebted to the point of a debt train wreck as they implicitly expected/were seeking a taxpayer bail out? That the amount of debt was a function of an implicit assumption that the amount of debt was of no matter, as eventually, taxpayer dollars would fund the amount of debt?
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ReplyDeleteTrain wreck on life support. Pull the plug.
ReplyDeleteAdd to that the delinquent loans to Skip the City is hiding
ReplyDelete