Old Drum

Commentary on Warrensburg, Johnson County and Missouri issues from a Libertarian perspective. View my earlier commentary at www.olddrum.net.

Sunday, July 04, 2010

"Certificates of Participation"

Warrensburg is issuing "certificates of participation" - a fancy way of saying they're issuing bonds without a specific vote of the people. Just another way to get what they want without bothering to ask for it. BTW, I can't find a link to the DSJ story.


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