Carmel city hall panics over PAC default crisis
Posted in the Carmel Forum
#1 Aug 24, 2012
Carmel-CRC and 4CDC defaulting over $80,00,000
#2 Aug 25, 2012
$80,000,000 is now for the Carmel Tax-payers
to pay for. The Carmel Tax Payer is "on the hook".
And things are getting worse.
#3 Aug 26, 2012
Brainard has NO PLAN to save Carmel from
PAC-PALLADIUM Bond Default super crisis.
Carmel Tax Payers MUST pay ALL $80,000,000.
#4 Aug 26, 2012
Carmel Bonds no longer have any COLLATERAL
back-up. Same for PAC Bonds.
Bonds are WORTHLESS!
#5 Aug 28, 2012
Again, NO COLLATERAL!!
#6 Aug 28, 2012
Again, NO COLLATERAL, no more "rainy-day"
funding, and NO PLAN!
The Carmel Taxpayers are on the "hook" again!
#7 Aug 29, 2012
Brainard is the ALIBI "mayor".
He is GUTLESS. Just look at his stooges
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