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A rule for borrowers.

Publication: The Register-Guard (Eugene, OR)
Publication Date: 31-JAN-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: A rule for borrowers.(Editorials)(Don't use bonds for short-term projects)(Editorial)

Article Excerpt
Byline: The Register-Guard

Apparently the credit crunch has not affected state government, because the Oregon Senate has hurriedly approved bills allowing the sale of $176 million in bonds to finance construction and maintenance projects. It's Salem's version of the stimulus bill working its way through Congress - the Legislature intends to create jobs by spending borrowed money. As the House prepares to consider the bills, it...

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