Should the City of Cincinnati forgive it? I can't help but thinking of Third World Debt, and the efforts to have that debt forgiven. Both situations have a very vague parallel, mostly on terminology.
I say forgive it. It was a great festival, and the city needs more like it. This is the not the best time to write off debt. Why not wait a while? Maybe have them pay some of it off? This would make a great election year issue for Fall of 2005.
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