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Wednesday, July 2, 2014

Re: My Comments on Livermore Annual Town Meeting

Citizen Hines,
 
This overview was humorously informative. Perhaps thought provoking to a much broader audience than intended.
 
Many of the caveats leaned into the old saw: 
"If money can fix it 
 - it isn't a problem,
 it's an issue.
 
The staggeringly poignant moment of the overview was the unchallenged practice of borrowing money for operations.
As Will Rogers observed on March 18, 1923:
 
"If you think borrowing ain't a suckers game,
why is your banker the richest man in town?
Why is your bank the biggest and 
finest building in your town?"
 
Inspired,
Norm McDonald 

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