"But the fact is, you are a Prog, and your shame at admitting it is extremely telling." LOL...in your crazed mind that is. I'm a life-long Democrat...now deal with *that* "Sean". Run along now....
"BT had neither in amounts anywhere close to $17m." Too bad they didn't ask for $17 million in one lump sum. Half-truths are soooo easy to knock down yanno. ----------------------------------...
Who's "Jeffie"??
"I'm sure you all would rather have BT fail, ceded to Citi and its infrastructure sold to Comcast" Exactly! ------------------ "I don't think it was a well-thought-out idea, but that doesn't...
"BT did not take money out in $260K chunks, it was taken out all in one month by all accounts." Got any proof of that?? I didn't think so... "When BT took the pooled cash, they did not have r...
"Who gives a sh** whether you think there were 'NO other choices.'" So, what other choices were there back then "Sean"? "please splain me why Leopold chose not to immediately tell the Council...
"The taxpayers will have to eat the 17 million" ...since many different sides have allied themselves to block BT from moving forward with refinancing, which is the *only* way that the City can ...
Putting words in someone else's mouth is a sign of a weak argument BTW.
"BT continued to violate all three after being informed of the violation." What was *your* solution to the problem back then "Jimmy"? Or have you been opposed to BT all along?? "This is like ...
LOL...now you're not making *any* sense whatsoever...good luck with that...
"Never mind the fact that no one is going to loan BT the kind of money without a City guarantee (ie. the PJ proposal)" You don't know that at all. Half a dozen financial firms are willing to gi...
"your comments belie a profound misunderstanding of financial and legal mechanics that responding to you would be a waste of time at this point." Thanks for wasting all of our time by posting a...
I'm not a Prog "Sean"...try & keep up, will ya?
"What part of this did he not get and why isn't someone getting prosecuted?" Because what was done with the so-called "cash-pool" simply wasn't illegal, period.
"What part of secretly taking $17 million out of city funds without informing the City Council or the Board of Finance; not paying it back within the required 60 days as mandated by the PSB permi...
"Are you saying they took it out in $260K chunks?" The money was taken in small amounts due to the fact that BT couldn't get refinancing on the open market due to one of the worst worldwide eco...
"You're the one who's trying to make the case that they took it out in small enough pieces that they could potentially have had receivables to match the amounts being 'borrowed.' Do the math, it'...
"Only that you are acting as their spokesperson." Which I'm not, since I'm *not* a Prog "Sean". Once again, try & keep up.
"Money was taken out of the taxpayers' bank account" Really now Mr. Troll?? How often were individual taxpayers taking money out of this "bank account" for their own use?? "Taking money you k...
We've all long been bored with you, Jeffie.
You express no logic. You don't have to be a Prog to act as their spokesperson, which is what you are doing. Whether you admit to being a Prog or not is irrelevant. You are acting as their chie...
"Progs, for mercy's sake, you've got to get this guy back to the hospital and stop having represent himself as your spokesperson." Did the above post say that you are a Prog? No. Only that you ...
Dude, when did you escape from Vermont State Hospital? You can't even follow a thread that starts with your own 3/5/10, 5:52 p.m. posting? How dumb are you? Progs, for mercy's sake, you've got ...
That's exactly what you are saying. Making an argument, and then criticizing someone for calling you out on exactly what you're saying, is a sign of a weak argument BTW.
"When commercially expedient, stealing is legal." -MisterGuy, Shameless-Idiot-Apologist to Kiss/Leopold.
"That's not the point at all...not that you'll ever get it of course. Once again, the choice that the City faced with BT a while back was very, very clear...either let BT fail or get BT the money...
You're "sure?" Well, you're wrong. It's wrong of you to assume that everyone who thinks Kiss/Leopold acted arrogantly, outrageously, unethically, undemocratically, and, yes, illegally, is against...
I'm gonna have to give MisterGuy the advantage on this one. Something isn't illegal just because you want it to be or because you're against municipalized utilities... I'm sure you all would ra...
You're the troll, Coop. How many blogs have you been banned from already?
"What was *your* solution to the problem back then "Jimmy"?" Pretty much what they're doing now. Assessing viability and taking action based on the findings. You know, like most companies do on...
No money was robbed??? Wrong. Period. Money was taken out of the taxpayers' bank account -- ungodly, unfathomable, obscene amounts -- that BT had absolutely, positively no hope whatsoever of ...
You're wasting your time: "MisterGuy" wouldn't recognize logic, reason, or truth if he tripped over it.
"since not all of BT's customers (especially the business ones) pay the same amount of money to BT every month." If the average residential customer pays $100/mo, the average business would hav...
You're the one who's trying to make the case that they took it out in small enough pieces that they could potentially have had receivables to match the amounts being "borrowed." Do the math, it's...
BT did not take money out in $260K chunks, it was taken out all in one month by all accounts. If you have evidence to the contrary, cite it. There are no state laws, city charter provisions or an...
@ MisterLiar: What's "clear" is that the borrowing was never mentioned -- not once -- by Herr Leopold. His spreadsheets made a buried, indirect reference to it, by showing that BT was in the red....
"Too bad they didn't ask for $17 million in one lump sum." 2600 subscribers x $100/mo = $260K receivables at any given time. Even if they took the money $1m at a time, they still violated the C...
"Too bad they didn't ask for $17 million in one lump sum." 2600 subscribers x $100/mo (generous estimate) = $260K receivables at any given time. Are you saying they took it out in $260K chunks?...
"Both the City Council AND the Board of Finance were informed about the diversion of funds from the so-called "cash pool" at the time that they occurred." Lie. They were not informed at the tim...
1. Condition 60 specifies that pooled cash "loans" must not be for more than cash on hand or receivables. BT had neither in amounts anywhere close to $17m. The condition was violated the second t...
What part of secretly taking $17 million out of city funds without informing the City Council or the Board of Finance; not paying it back within the required 60 days as mandated by the PSB permit...
"What part of this did he not get and why isn't someone getting prosecuted?" "Because what was done with the so-called "cash-pool" simply wasn't illegal, period." It was, actually. See the Ver...
Ever notice that when leadership is needed, mayor Kiss is out of town instead of minding the store? Ironic that he's at a "sustainability" conference, when right here at home we're all having o...
MisterGuy, my point was that your retorts were absurd. But I see your point....as you wish...carry on!
"You don't know that at all. Half a dozen financial firms are willing to give BT the money that it needs right now." Not one of those firms has made a commitment to lend a dime. You are a joke....
MisterGuy, I admire your willingness to defend the City/Mayor, however your comments belie a profound misunderstanding of financial and legal mechanics that responding to you would be a waste of ...
"Half a dozen financial firms are willing to give BT the money that it needs right now." Again - a response to an RFP is not a commitment to lend money. No one has made a commitment to lend BT ...
"The agreement that Citi has with the City of Burlington is very similar to the arrangement that one makes when one buys a car with a loan from a bank..." Your analogy misses the point that th...
"IMHO, the City should just make BT's payment... from pooled cash & have BT dedicate money to get it paid back within 60 days." One thing that gets lost in all of this is that the wording of Co...
Kiss first said the taxpayers would never be at risk of exposure no matter what happened to BT. Now he's saying that unless the city uses 'pooled cash', the taxpayers will be at risk. This guy ...