tag:blogger.com,1999:blog-11887973.post116770498997370413..comments2023-11-02T04:58:34.355-04:00Comments on Libertarian Party of Allen County, Indiana: Another GREAT article from the Indiana Policy Review GroupJeannette Jaquishhttp://www.blogger.com/profile/00226385515110623744noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-11887973.post-1167769162478024202007-01-02T15:19:00.000-05:002007-01-02T15:19:00.000-05:00Carmel has floated over a quarter-billion in bonds...Carmel has floated over a quarter-billion in bonds, just in the past 2-3 years. Mayor Brainard invariably uses the diclaimer that Carmel's tax RATE is the lowest of any Indiana city. Brainard never mentions that the City's bond debt was less than $40 million just 5 years ago, and he certainly never mentions the bonds as future taxes. Mainly, he believes that Carmel will attract additional development and population to COVER the debt down the line.<BR/><BR/>That looks and smells like a Ponzi Scheme to me. It's Enron Accounting at its worst.<BR/><BR/>And yes, Brainard is a tax-and-spend Republican.Mike Kolehttps://www.blogger.com/profile/17573721231319244630noreply@blogger.com