The Nelson City council has confirmed in writing that it has not taken any economic or financial advice about its decision to take a mortgage holiday; a decision which imposes a trebling of debt, a trebling of interest and a doubling of rates.
One organisation has just publicly released its submission to the LTCCP which canvasses the view that council was ethically and duty bound to take advice.
The submission expresses its stance on that duty and then poses five questions with regard to council's actions, which it deduces, are entirely whimsical.
That stance and those questions are so relevant and compelling, that bullchips will repeat them verbatim over the next six blogs
About Me
- pinocchio
- This blogspot is born out of a deep democratic concern about the continual political spin and the outright manipulation and suppression of information by local government and local media. In my view that rampant disinformation has become so extreme that it can only be considered grossly deceptive. This blogspot attempts to provide some balancing transparency to that situation. Hopefully it might even help keep the "buggers" honest.