Dec.
27th
TOLLS: DOT accounting is smoke and mirrors
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 …