‘That’s Illegal’: U.S. City Cites Troubling Reason for ‘Emergency’ Borrowing of $70 Million
This article originally appeared on WND.com
Guest by post by Bob Unruh
‘Our leaders want our money, but not our vote. They’re trying to take advantage of legal loopholes to saddle their own constituents with tens of millions of dollars of debt, systematically stripping power from the people by ignoring laws and twisting their truths.’
Officials in the Arizona town of Payson have decided to borrow $70 million and use it for various projects they want, and they’ve called it an “emergency,” a move that deprives residents of a constitutional time frame to oppose it, simply because they think that interest rates might go up.
And they might. Or they might not.
