Tuesday, August 17, 2010

Lake Worth to pay for casino project upfront, borrow money to replenish funds once complex opens

Click title for link to Palm Beach Post article. Commissioner Maxwell had more concerns about this arrangement than the project being done in a soft economy and so did the many people from the audience that raised similar questions to the ones that I raised here. The Post and their smoke machine continues to work in concert with Lake Worth's political machine.

Why does this plan sound like kiting checks?