There have been all sorts of articles lately about how downtown vacancies are about to wreak havoc on property taxes, City has been using reserve funds just to lessen the increase on property taxes etc.... How is this a good time to spend millions on an Olympic bid?
When my credit card is maxed out, I'm not buying new clothes even if they are 'on sale' (i.e. subsidized by other levels of government), because then I'm even further in the red. Especially if the salesperson is using shady tactics / misrepresenting facts.
|