"It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage, than the creation of a new system. For the initiator has the enmity of all who would profit by the preservation of the old institutions and merely lukewarm defenders in those who would gain by the new ones." Machiavelli
Jennings' Short Term Liquidity and Your Long Term TaxesBy DIA, Section News
I've been writing about Mayor Jennings' gross financial mismanagement of the city finances for two years now. Debt has skyrocketed during his time in office. The water department is jacking up rates because it is so poorly managed. And all along the mayor is saying he is "balancing budgets". What he is doing is mortgaging your future. Literally. Because he is either incapable of properly managing the city or he just could care less. He's made his money, made his friends and donors much richer and he will leave the mess to someone else. Today the Times Union chimes in on the latest financial mess. However, let's be clear: this is just one more in a long line of examples that the mayor is digging a deep financial hole for the city of Albany. When you listen to his excuses remember to ask one question: Who has been running the city with total control to make all decisions for the last 14 years?
Mayor Jennings says the city had little choice but to strike the deal: "If we don't have the $6 million a year that we get from Allied, I have to lay off workers. It would impact the city's budget dramatically. This was a short-term step to maintain liquidity."Maybe we could lay off the mayor's driver? He's spokesman? Maybe treasurer betty barnette could no longer have a tax payer funded car? Perhaps ever sign in town doesn't need to say "Brought to you by Mayor Jennings". We could stop printing those. You know, I'm sure i could come up with $6 million in very reasonable budget cuts in no time. And how about we see how many workers would have to be layed off. When you thrown in all the benefits we pay our workers they probably cost us at least $75K a pop on average. That would be 80 workers. Back in Corning's day we use to have almost 80 janitors working on city hall alone. Anyone think there aren't 80 jobs we could cut in the city of albany? And remember one other thing in all this. Mayor Jennings has said the convention center will lose money. If it does (and it will) you will have to make up the loss with your tax dollars. It's time for a new mayor. PS. You should check out De Rosier's cartoon today in the print edition. Its sums up Jerry's career in one simple image.
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