Re: “Tolls on SR 167 HOT lanes finally overtake spending” (TNT, 12-27).
Perhaps a different headline would be more appropriate for this story: “DOT cooks the books in order to prove themselves right” or “DOT uses accounting smoke and mirrors to justify money-losers.”
Didn’t we just go through a financial crisis in this country, much of it due to phony “accounting profits”? And now The News Tribune writes a front-page story celebrating the same “sham” accounting tactics that brought us Enron, AIG, Lehman Brothers and a host of others.
Do we never learn? Why do we keep handing blank checks to the bureaucrats at the state, especially at the Department of Transportation? Will no one be held accountable for allowing these “Ponzi schemes” to continue?