Tom Gulotta, County Executive and the Republican con rolled government elected officials as well as the entire Republican Party are in total denial like compulsive gamblers regarding finances and like gamblers are looking for the elusive big score to bailout. Just like gamblers they are looking to blame everyone else for their own addiction regarding mismanagement of county finances including the Democratic Assembly.
When the average citizens find themselves overextended with credit problems with no income to pay off debts as well businesses that owe money with no receipts they go into bankruptcy in order to correct the problem. Nassau County has gone to the state for a similar bailout.
In bankruptcy court a financial administrator is appointed by a judge to oversee the orderly resolve of the financial problems and hopefully to permanently correct it so it never happens again. State and local lawmakers insisting on a fiscal oversight plan, giving Carl McCall, State Comptroller oversight over the county's budget problems and spending cuts in return for a bailout plan is no different than a judge appointing a bankruptcy administrator. Carl McCall has done an excellent job in the financial administration of the state's funds and for overseeing state government programs and bureaus and cutting waste of taxpayer funds. This plan is not political but fiscally prudent under the circumstances.
It is time the Republicans wake up and see the handwriting on the wall, the longer they stall the worse the debt rises with each passing day as Wall Street firms keep downgrading the county's credit rating until the county can no longer pay its bills. The ultimate result will be increased taxes and services cut and the residents of Nassau County, you can rest assured, will reflect their outrage at the polls in future elections.