Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (83792)	8/25/2008 4:05:27 PM
From: ajtj99	Respond to of 116555

They don't even need to remain a city. They should revoke the city charter and just let the residents be governed by the township and the county. Townships should govern unless the size gets above around 25,000 residents or so, IMO. There's too much waste otherwise.

To: mishedlo who wrote (83792)	8/25/2008 8:26:33 PM
From: Sr K	Read Replies (1) \| Respond to of 116555

I don't agree that because "the city’s operating costs per month are $275,000 per month, but the town has only collected $53,000 in revenue this month" means "The city is currently losing $222,000 a month." For all cities, revenue is not collected evenly each month over a course of a year. Proper accounting and communication should not distort cash flows for the purpose of promoting either cuts in services or the need for increased taxes or other revenues. IMO.