Sinkhole cities: Debt crisis hits home

David Moadel  |  February 8, 2019

This lack of transparency has an obvious motive: career politicians want voters to re-elect them based on false claims that the city’s budgets are balanced or at least improving. By denying the voters access to truthful and transparent information, this practice makes it impossible for them to be knowledgeable participants in their governments. And that’s exactly what they want: to operate without scrutiny by keeping the electorate uninformed. Thankfully, there are organizations like Truth in Accounting and other watchdog groups to expose the local corruption – the sinkholes, if you will – that will sink the entire nation if we’re not careful.

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