All that glitters isn't silver | Arkansas Blog

Friday, December 28, 2007

All that glitters isn't silver

Posted By on Fri, Dec 28, 2007 at 7:17 AM

I see North Little Rock Mayor Hays proposes to take out a line of credit to guard against disappointing results from the city's pig-in-a-poke hydro plant. If it doesn't perform up to optimistic expectations, the city will have to borrow money to pay an increased electric bill. Raises for city employees? None. Handouts to wealthy developers? Millions.

The Levy Project is already on the mayor's case bright and early. Comments include news of another mayoral handout, to the operator of a riverside drinking barge.

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