01 October 2010

Live and don't learn

Who was it that said, "The Olympics can no more lose money than a man can have a baby"?
Although he scrupulously avoided the word “default,” Mayor Gregor Robertson said on Thursday that Millennium Development Corp. paid only $192-million of the first payment due on Aug. 31.
Yeah... who knew... you let politicians get hold of the purse-strings and bad shit can happen...
Its failure to come up with the other $8-million through some means other than village condo sales – admittedly sluggish for many reasons – is a serious concern.