Governments should stay out of stocks, real estate
We keep seeing too much skimming of finances of federal funds and grants by organizations as well as overpaid bonuses for personal usage.
Why is Kalbert Young still involved in the Department of Budget and Finance?
It is a wonder since the investment with Merrill Lynch during the Linda Lingle years was a flop and money was lost. Why is it that we are gambling in the stock market with taxpayer funds in the first place?
The corporate counsel always thinks it is slick by trying to persuade the council members that their options are limited.
The only thing government or county or states should be investing is in roads and basic developments, not aggressive stock trade or real estate. These areas of business should be designated only for businesspeople, not politics.
Edward Ka’ahui Jr.