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<br /> December 26, 1997 ~ - '"i'~ !'!i <br /> CC <br /> <br /> To: West Hawaii Today COU, ; <br /> 3ubj: "Yamashiro wants to borrow record 40 million" <br /> It's hard enough to fine someone qualified from the business <br /> sector to run for the office of Mayor under normal circumstances. <br /> I would think that a businessman would give much thought before <br /> stepping in to manage n business, such as the County of Hawaii, <br /> <br /> which is already floundering. Who would want to run a business <br /> that has very few assets and whose borrowing (especially after <br /> another, additional debt of 40 million) are essentially an its <br /> last legs ? One would need an "IOCOCCa" to come forth to assume <br /> responsibility of the Counties debts and its empty coffers. Steve <br /> Yamashiro, in my mind, is the beat Mayor we could ask for and has <br /> done an exceptional job managing this county. Unfortunately, <br /> when his term expires, he becomes history. We need to give much <br /> thought before acquiring more debt. In the process we need to <br /> find a very savvy business person to run for mayor. Let the new <br /> mayor decide which path to take, for he or she is the one who <br /> will have to live with it. In the meantime, let's learn to bite <br /> the bullet while trying to create a turnaround in our economy. We <br /> could begin by lowering taxes, having much, much leas regulation, <br /> even deregulation, for every law we enact, we remove two <br /> consensual laws. And, if you want a top of the line mayor, raise <br /> his salary to the level of a proper executive These are just a <br /> very few ways to start moving toward stability. <br /> RespectfulplyG~J~ <br /> Hugo von~aten Lnder <br /> P, O, Hoz 786 <br /> Holualoa, Hawaii 96725 <br /> <br />