Thursday, November 06, 2008

Vancouver's Olympic Village: A Modest Proposal

ThePeople'sLeverage
PropertyFundVille



First, the background from FABula:

Vancouver lends $100 million to keep Olympic village going

November 6th, 2008 · No Comments

That’s the story from my Globe colleague Gary Mason this morning, plus more little bombshells, like the apparent news that finance director Estelle Lo has tendered her resignation.



Now.....

Here is my proposal:

Make The Bastards Pay!

More specifically, if the CondoKings want to be bailed out by OUR property fund*, make them pay by giving us back the 33-and-a-third split all round (market/affordable/subsidized housing mix) that was originally planned by the Campbell/Green team but was later canned by Smilin' Sammy and his Minions because it was gonna cost, gasp!, about half of what this bailout is going to cost.

OK?

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*9:00am CBC Radio One newscast reported that using the Property Fund was Peter Ladner's solution to 'protect' Vancouver taxpayers.


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