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Charlotte Amalie
Friday, April 19, 2024
HomeNewsArchivesThe $200 Million Loan

The $200 Million Loan

Dear Source:
The government is asking for a two hundred million dollar (or more) loan and everyone is silent!
What government fails to do is see where it can cut costs first. I'm sure there is wasteful spending that can be cut, as well as, the huge executive salaries it pays out, in many of it's departments. Have they ever attempted to reduce overhead by cutting salaries? We're in a monetary crisis! We as taxpayers are the ones that will have to repay this loan. Where is the outrage?
Where has the conversation drifted on act 6905? Talk about wasteful spending, how about illegal spending. An act delivered in the final hours, minutes, behind closed doors. An act passed without the money to pay for it. What about the SUV's, etc.? Shall I continue with the "myriad" of ways of cutting costs? Major corporations are reducing overhead, why can't this government do the same.
I suggest this government actually "work" at finding cuts in government before asking taxpayers to foot the bill. This is something they should be doing full time. The stimulus will not last. The government will go through this money, like water.
The U.S. is in crisis and this government should realize, that more money will not be forthcoming, as it has in prior years.
The Virgin Island government must reduce it's overhead before it can go out to borrow more money!
George Hollander
St. John

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