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Fort Dodge hits $814K jackpot

Refinancing public debt will save more money than expected, city learns Monday

April 9, 2013

A move to refinance about $8.2 million worth of public debt has yielded a payoff even greater than what Fort Dodge officials had hoped was possible....

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Apr-11-13 3:02 PM

Nothing negative for the city, dodgerbob, but very negative for all prudent savers who, directly or indirectly via some bank, not only get stuck with annual interest on their savings that does not keep up with inflation but erodes the purchasing power of their principal as well. Thus, does FED control of interest rates promote govt confiscation of the economic security of hard-working Americans. (See "Economics in One Lesson," free at "fee dot com".)

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Apr-11-13 12:21 PM

hbockoven, you simply are adding creedance to my post. You too would not have blog privledges. I am as conservative as they come. My point is simply how can anyone find negative in a $800,000+ for our city.

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Apr-10-13 6:26 PM

Can I make a suggestion to the Messenger. Can we add an IQ test to the requirements to the blog post privledges. If that were in place, the only post on this article besides mine would be Marvin. Just an observation.

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Apr-10-13 1:48 PM

Why wasn't this done earlier?

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Apr-09-13 3:56 PM

'They're really taking note of the good work you're doing here,' Doing good at what, taxing the living heck out of residents?

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Apr-09-13 9:42 AM

"Back door dealing with union bosses?" Thought that was Dean Hill. Or Taylor. Or Patterson. They all signed a pledge to honor union contracts even though city workers weren't actually represented by a union.Looks like we got a good deal. Who got it done?

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Apr-09-13 8:04 AM

Oops...looks like Kim "Zero Financial Aptitude" Alstott's revelation of how the city was in peril due to our bond rating gets submarined again. Dude should stick to something he is good back door dealings with union bosses.

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