Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 4 and the preceding Part 1, Part 2 and Part 3.] By:David A. Smith In late November, 2011, as the Commonwealth of Pennsylvania was moving to appoint a receiver for its state capitol, Harrisburg, the city council by a 4-3 vote abruptly filed a bankruptcy petition, which was immediately [...]
[Continued from yesterday's Part 3 and the preceding Part 1 and Part 2.] By:David A. Smith After a decade of borrowing, the latter half of which consisted of borrowing to pay debt service on previous unwise borrowing, the voters of Harrisburg had had it – in 2010, they voted out Mayor Reed, and [...]
[Continued from yesterday's Part 2 and the preceding Part 1.] By:David A. Smith By now in our story of Harrisburg’s steps into insolvency, we’ve reached the point where Mayor Stephen Reed, whose political dominance was so great that candidates for city council ran as part of a “Reed team,” had persuaded the city [...]
[Continued from yesterday's Part 1.] By:David A. Smith God: What are you doing now? Arthur: I’m averting my eyes, oh Lord. Oh, don’t grovel. If there’s one thing I can’t stand, it’s people groveling. When yesterday’s post ended, longstanding Harrisburg mayor Stephen Reed, who had already embarked on an ambitious program [...]
By:David A. Smith Father: One day, lad, all this will be yours! Herbert: What, the curtains? But I don’t want land It began with a failing incinerator, and an ambitious politically invincible mayor. Tomorrow, Tuesday May 21, Harrisburgers will vote in the most important mayoral primary in thirty years (in this [...]
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