Billie Redmond’s love/hate relationship with debt

The News and Observer published a letter today from Raleigh mayoral candidate Billie Redmond, in which she responded to mayor Charles Meeker’s reassurance regarding Raleigh’s debt.

Redmond’s letter closed with this:

Making our debt a high priority, based on a slowing economy, and demanding that we spend within our means – and not take on new projects we cannot afford – is not being critical. It’s being responsible.

Let’s take a look at Billie Redmond’s history with debt, shall we?
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Red Hat hangs its hat in downtown Raleigh!


Looks like Red Hat plans to hang its hat in downtown Raleigh, taking a lease in the new Progress Energy building! Now didn’t I tell you that company was smart?

I just returned from Durham’s American Tobacco Complex and admired its startup incubator there, thinking Raleigh could use a startup incubator, too. Red Hat is no longer a startup company but it is a well-known tech company that will draw other tech companies into downtown. Not only that, but downtown’s nightlife and condo market should see a boost as well.

Downtown Raleigh just became a whole lot cooler. This will lead to more great things for the city!