Roy Carroll's John Hammer insult to George Hartzman in Today's Rhino Times; Berger Walker Aftermath

"Hartzman claims to be a financial advisor, so perhaps the Finance Department should hire Hartzman to consult on the city’s investments.  He once spoke against a loan the city took out at an interest rate of 0.01 percent because it was a variable and not a fixed rate.  And that rate is not a typo, the city borrowed money at one-hundredth of one percent and Hartzman found fault with that."

http://www.rhinotimes.com/ben-holder-dominates-city-council-from-afar.html

Also in today's Rhino Times

 is a big advertisement for giving Roy Carroll a taxpayer owned street, 
meaning John Hammer is using a "news" paper that endorses city council candidates
to convince said councilpersons who have received campaign cash from Roy Carroll
to give Roy what looks like more than $1 million in taxpayer owned real estate.

For the record, John may be a little angry with me lately for pointing out his bosses financial contributions to Phil Berger during a Walker press conference, after which Mark carved out a pretty big credibility issue for Hammer by pointing out some of John's slanted "reporting", and I put some posts lately that were pretty critical of Mr. Hammer and the Rhino, which can be found in the links at the end of this post.

Messrs. Hammer and Carroll missed the election by a pretty big margin, and are most likely depressed and upset with the outcome, as they more than heavily backed Berger Jr. over Walker, after disparaging Walker with some false information provided by the Berger camp.

I don't recall seeing a Walker ad in last week's Rhino.

I also was a bit instrumental at removing Roy Carroll's Robbie Perkins from being mayor.

As I believe John is relatively financially illiterate, especially given his recent personal experiences with numbers, I feel obligated to provide an explanation.

I suppose I was pretty sure about what I was saying, as I produced the video below about it.

The variable rate for the loan adjusts weekly.

The higher long term rates rise, the more it costs to lock in the debt at a later time.

I believe the city was trying to keep their short term interest costs low with the variable rate, to stay under a debt cap, so the city could borrow even more money than they otherwise could have.

The video is after the jump;

Unanswered October 12, 2012 North Carolina FOIA Request: Guilford County, North Carolina Legislative Delegation and Thom Tillis

George Hartzman
Hartzman's Inquistion
2506 Baytree Drive
Greensboro, NC 27455

October 12, 2012

Phil Berger, Alma Adams, John.Blust, Marcus Brandon
Pricey Harrison, John Faircloth, Maggie Jeffus, Don Vaughan
Thom Tillis, Stan Bingham, Gladys Robinson

Dear Guilford County, North Carolina Legislative Delegation:

Under the North Carolina Public Records Law, G.S. §132-1.,
I am requesting an opportunity to inspect or obtain copies of emails that:
include the words "Marlene Sanford" and/or "TREBIC"
from January 1, 2008 to the present.

This request is posted at hartzman.blogspot.com

I would also like to request a waiver of all fees
in that the disclosure of the requested information is in the public interest
and will contribute significantly to the public’s understanding of lobbying.

This request is related to news gathering purpose,
and is not being sought for commercial purposes.

The law requires that you respond to and fulfill this request
"as promptly as possible."

If you expect a significant delay in responding to and fulfilling this request,
please contact me with information about when I might expect copies.

If you deny any or all of this request, please cite each specific exemption
you feel justifies the refusal to release the information
and notify me of the appeal procedures available to me under the law.

Thank you for considering my request.

Sincerely,

George Hartzman