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By R Don Lyres (anonymous) | Posted January 25, 2011 at 09:01:50
I sometimes get the impression that if Bob Young spent thirty dollars on a haircut then that would be considered an investment in the city.
Never before have I seen the operating costs of a business equated, dollar for dollar, as investment.
Another oddity of this whole exercise is the apparent existence of a profit and loss statement that features only column -- costs.
Nowhere is revenue ever mentioned. It is as though BY's group of businesses have expenses but no income.
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