"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 and the DumpBy DIA, Section News
Apparently I can see the future. This was written two years ago.
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."When Jerry ran for re-election in 2005 he kept saying that there were a lot of things he wanted to stay around to finish. And the voters gave him four more years. Anyone care to tell me what he has finished other than the running the city into a financial hole?
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