Tuesday, March 1, 2011

Downtown Ponzi Scheme

As Paul K. Ogden reports this morning (when talking about the passage of the NoSo subsidy), City-County Council President Ryan "Vaughn said that in order to keep afloat previous downtown development subsidized by taxpayers, we need to keep pumping more taxpayer dollars in. The law enforcement authorities have a term for that. It is called a Ponzi scheme."

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