October 8, 2008
Showing the Way
It seems that Christchurch has once again become a world leader.
The council's $16 million bail-out of the failed developer Dave Henderson has been copied not only by the US - though their $1 trillion bail-out was a trifle larger than ours - but also by the UK and Ireland.It's a pity our city dignitaries did not have the forethought to patent the procedure. Licence fees, rather than rent rises for pensioners, would have paid for the extravagancy.
(c) 2008 Press, The; Christchurch, New Zealand. Provided by ProQuest LLC. All rights Reserved.