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This scheme is not insane, it's well beyond insane. Unfortunately, I cannot come up with a stronger word to describe it.
Read more at http://globaleconomicanalysis.blogspot.com/2012/08/ponzi-financing-in-poway-california.html#zvXAabXhMt39kWxp.99
How about "GUBMINT"
http://www.youtube.com/embed/maKcNF004a8&feature=related
They are no longer kicking the can, They are now trying to figure out how to LAUNCH it down the road.
Ponzi Financing in Poway California Based on Massively Rising Property Values
http://globaleconomicanalysis.blogspot.com/2012/08/ponzi-financing-in-poway-california.html
Mish