Submitted by GuestOrator (not verified) on Wed, 06/20/2012 - 6:32am.
That tells you all you need to know about the potential this endeavor has for economic success. If there was truly money to be made here, the private investors would be clamoring to get a piece of the action. Instead, it looks like the unwilling taxpayers of Wilmington will be left holding this ginormous bag of debt.
I sat through the whole presentation last night and was thoroughly unimpressed with the product NSS sold us and also in the reaction to it by council members. It was painful to witness them being scammed right before my eyes, especially when they are using my money to pay for this farce.
No Private Funding
That tells you all you need to know about the potential this endeavor has for economic success. If there was truly money to be made here, the private investors would be clamoring to get a piece of the action. Instead, it looks like the unwilling taxpayers of Wilmington will be left holding this ginormous bag of debt.
I sat through the whole presentation last night and was thoroughly unimpressed with the product NSS sold us and also in the reaction to it by council members. It was painful to witness them being scammed right before my eyes, especially when they are using my money to pay for this farce.