Regarding this $800 million capital bond issue being proposed by Pima
County guvment and reported in today’s Star: $160 of this capital is supposedly to repair roads. I have but a fleeting notion of finance, but “repair” is normally classified as a maintenance item, which is an expense as opposed to a capital investment. Accountants scream like maniacal banshees when you mix maintenance expense with capital investment. You’re not allowed to used debt to finance expenses. Believe me when they scream, they’re loud. This is basic Accounting 101. Why then are the banshees imitating church mice when it comes to this bond issue?
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Any one noticed that the Star’ editorial page has shrunk by a half page? There’s no pretense to editorials — as those reprinted from Bloomberg and the Washington Post. The Star runs columnists in that space and has relegated the half page space for advertising.
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Department of cutsey-stupid newspaper leads:
By Zack Rosenblatt, Arizona Daily Star
April 19, 2015
“We’re not so different, you and I.”
It’s a line uttered by Dr. Evil in the first “Austin Powers” movie.
It’s probably how Bobby Hurley’s first conversation with Sean Miller will go, too.
Kidding, of course, but it’s true — Hurley and Miller are not so different ….
Such a kidder. Who’s the evil one?
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Dear guv doogie:
Why do you want 200,000 Arizonans to lose their health insurance. Have you no soul?
Salud,
Dr. Kildare
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Greetings guv doogie:
Congratulations on your RV tour. Apparently you call it the “Opportunity Express.”
“I’m proud of the work we’ve done and the path forward we’re paving to a better Arizona,” you say. We don’t see a whole lot of forward motion in your reign so far. You’re about as backward and regressive as a corn cob in the outhouse.
What on earth can you possibly be proud of? Often opportunity depends on how much you can afford to pay for a university education. In that sense, seems like your RV would be more accurately named the Screwmobile.
Sincerely,
Slats Grobnik
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