KCMO LOOTERS STAY WINNING: CITY HALL BORROWS $90-MILLION AGAINST TAXPAYER CASH TO FINANCE STALLED NEW KCI!!!
Downplayed by most local media, here's an inevitability that high finance creeps attempt to explain away . . .
Aviation Director Pat Klein confirms that the Industrial Development Authority of Kansas City took action Tuesday to provide about $90 million in short-term loans to the airport, so construction can begin as soon as the deal is in place.
Translation . . .
RIGHT NOW KANSAS CITY IS BORROWING TENS OF MILLIONS TO PAY FOR THE AIRPORT DESPITE PROMISES IT WOULDN'T COST TAXPAYERS A DIME!!!
One our our readers actually noted this . . . If locals stole a few hundred from a liquor store, they'd go to jail for years if caught.
MEANWHILE, WITH NO AGREEMENT IN SIGHT . . . CITY HALL JUST 'BORROWED' $90-MILLION WITHOUT A PUBLIC VOTE!!!
Moreover . . .
KANSAS CITY FUNDING THE NEW KCI WAITING GAME MIGHT BE ONE OF THE GREATEST RIPOFFS OF A GENERATION GIVEN THAT THIS MONEY WILL BE PAID OUT DESPITE THE LACK OF PROGRESS!!! REMEMBER CITY HALL HAS ALREADY BURNED THROUGH 20 MILLION BUCKS!!!
This is something LESS THAN DEMOCRACY and probably a good reason to vote against every incumbent who has an opponent in the upcoming City Hall contest.
Developing . . .