Nov. 26, 2008: It's the pot calling the kettle black

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To The Editor:
The front-page article in the November 19 issue of the Catskill Mountain News was eye opening in that it highlighted the disingenuous position of Crossroads.
When the organization expects the tax payers of our state to fork over $60 million to enrich the investors who do not even, in most cases, identify themselves, when we are on notice that the state may well have to cut spending on health and education, when the Catskill Heritage Alliance points out that this gift of tax payers money is unwise, Crossroads answers, “their request is untrue, short sighted and self-serving in the extreme.” Can any one believe their eyes when they see something like this in print? It brings to mind the old adage of “the pot calling the kettle black”.
Further down in the article we come to a statement, by a spokesperson for The Coalition to Save Belleayre, to the effect that governments at every level are developing economic stimulus packages. We must have different news sources for my sources tell tales of the many pleas for corporate bailouts of mismanaged companies, and additional bailouts of various banks and other financial institutions that have granted funds to pie-in-the-sky entities whose managers have backed failed boondoggles. The consequents of this chicanery is that the tax payers are left holding the bag and the top executives float to safety by means of “golden parachutes.”
The $60 million in question is better spent on needy citizens and not gifted to an organizations that does not have faith in its own professed conviction, a conviction that claims that they are promoting a viable scheme, and proving it by putting up their own money and not go begging at the public trough.
This nation has ended up in a monumental financial crisis because of schemes such as this where the small business community along with the long-suffering taxpayer is left to foot the cost. It is time to change direction but before we can we must come to a full halt and stop rewarding public funds to private enterprises.

Stuart E Buswell,
Margaretville