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Perhaps now Albanians are beginning to see... (none / 0) (#1)
by Jim Travers on Tue Oct 24, 2006 at 09:02:57 AM EST
... why Jennings is so afraid of losing control of his city's finances to a fiscal control board. If that were to happen, he'd lose his ability to make such sweetheart backroom deals.

By the way, hasn't anyone questioned the other sweetheart deal the mayor's been working on with his good friend, Pataki?

You know, the deal whereby Albany receives the next twenty or twenty-five years of PILOT from the state in a lump sum - now.

Could there be anyone we could trust less to do the right thing with all those millions of dollars at their disposal?

If he gets his hands on that money, which was structured to be paid over a long period of time for a very good reason, it'll surely be gone before Albany elects their next mayor.

Again and again Jerry's broken his promises and betrayed public trust.

We really won't know how much he's mortgaged Albany's future and their taxpayers with until it's revealed by some future administration.

Perhaps it is time for a fiscal control board to take over Albany's finances.
                                                                           

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