Speculation...
...according to the American Heritage Dictionary -
1.
a. Contemplation or consideration of a subject; meditation.
b. A conclusion, opinion, or theory reached by conjecture.
c. Reasoning based on inconclusive evidence; conjecture or supposition.
2.
a. Engagement in risky business transactions on the chance of quick or considerable profit.
b. A commercial or financial transaction involving speculation.
I think the definition of speculation applies to this thread is the first one. If this topic was being discussed by a group of present (or retired) tax accountants or attorneys, I feel that the speculation would be of tremendous value in that the opinions would be of experts in that area.
On this forum we have varying degrees of understanding of this issue. That's OK. But when we speculate that this will all be the responsibility of the developer or this will reduce home prices or this will cost us each $50,000 - and at the same time we say we really don't understand why bonds are used or how this is related to the bond on their home that is paid off - that is dangerous. It is basically gossip that can cause fear and worry, prevent people from enjoying the years they have worked hard for etc.
I am all for The Sentinel reporting this - but as I used to tell my daughter when she was younger - go upstairs to your room and come back down for a discussion when you are willing to leave the "attitude" behind. The Sentinel doesn't just have a point of view - it has a 'tude that prevents fair reporting.
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Holyoke, Mass; East Granby, Monroe, Madison and Branford, Conn; Port Clyde, Maine; North Myrtle Beach, SC; The Village of Bonita (April 2009 - )
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