4256 Hits, 1 Error

Our May appearance on Ted Baker’s morning show is now available. It contains a factual error that we want to correct. 11 minutes into the interview, Augustine addresses the County Revolving Loan Fund and the cited problems involving loans to the Geneva IDA about the incubator building. It is during this discussion that a factual error was made.

Augustine stated, “[t]his is public money and there is a standard of accountability for that. So, when we see a document that says that no loan application was filed until two and a half months after the monies were dispersed, well, I’m sure that was done for expediency to help the businesses along, to serve some public purpose, but that doesn’t relieve anyone of the obligation of being the watchdogs of the public dollar. This is not monopoly money, this is tax money.”

In the interest of full disclosure, we wish to set the record straight on this matter. The Geneva IDA loan application was filed two and a half years after the money was dispersed. This was detailed in the list of loan irregularities that we posted here .

Councilor D’Amico made a comment about Pete Rose. We weren’t sure how to interpret that reference, but we’re happy to report that we surpassed his career hit record (4,256) on June 2nd. We’re not gamblers, but with only one error so far, it looks like our credibility is a pretty safe bet.