“Pulling tax dollars out of thing air” goes on to say “Rendell tries to counter criticism of the borrowing by stressing that the borrowed monies are capital funds that can only be used for economic development, not to restore cuts, say, I libraries or health services. But this is a distinction without a difference, since it involves tax payer money either way.”
WATCHDOG: A wag of the tail. But talking about “distinction without a difference”, why didn’t the New Era make the same point about Millersville University over paid many millions on a bail out of local interests to acquire the Pennsylvania Academy of Music at a time when it is cutting staff and raising tuitions? The college claimed the money was from a capital fund. Yet it too came from the tax payers!
