Don't Worry....Be Happy

Here's Johnny in Wonderland...

Mayor Picard held a press conference (or political ad on taxpayer's time) to tell us he's right and everyone else is wrong:

There are just a few problems with this screwed-up viewpoint:

1. The $5,300,000 in debt he "forgave" to lower the stated debt - The City didn't "forgive" this debt, any more than they'd "forgive" the taxes that you owe. No, the Mayor simply moved these debts into other accounts (more AIG juking and jiving here) to keep this debt from being visible.
2. Telling the State to go to Hell - While the Municipal Finance Advisory Commission has only the power to advise, it's created by the Office of Policy & Management (or OPM). All state grants go through this Office before they're approved. So in simple terms, Picard is saying, "we need no stinkin' state funds....we got 'prudence'!"

Just don't seem right, do it?