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re: Mitch Landrieu held in contempt; one week to find a way to pay or house arrest

Posted on 9/4/15 at 10:07 am to
Posted by tLSU
Member since Oct 2007
8630 posts
Posted on 9/4/15 at 10:07 am to
That was a helluva deal he came to court with.

"We'll pay you the 75 million...over 30 years. Oh, and only if the taxpayers pass a new millage on the ballot next year, otherwise we aren't paying a thing. Also, waive other claims and all of the $100 million in interest we owe."
Posted by Mung
NorCal
Member since Aug 2007
9054 posts
Posted on 9/4/15 at 10:39 am to
so where do you think the money will come from?

virtually every pension fund in the State has a huge UAL. Somebody is going to be paying more taxes to make that up.
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