Tuesday, February 23, 2010

More From Email. Financial Problems or Fraud?

We get such leadership from the mayor, --- wow impressive -- "let's see what others suggest."

Here is a suggestion. How about calling all city/RDA loans due now, especially those made to employees on their RDA houses, including Schwab?

Interest rates are as low as they are going to be, they should refinance & repay now. If the loans are underwater so let them share with the bad credit rating that will follow under payment of a loan.

The city has been out of compliance with the state on low income housing for years. Sharon has documented the "funny business" of "low income housing" sites Schwab submitted to Sacramento for years. The senior center is low income housing it was pushed for a long time without publicly saying so.

Interesting to watch IF it were on CH 3 like it is supposed to be.

About time