“Greed is good.”

According to his 1992 Edward Little High School yearbook photo, this quotation by Ivan Boesky is Auburn Mayor Jason Levesque’s favorite.

It explains a lot. Greed is defined as “intense and selfish desire for something, especially wealth or power.”

Auburn government released FB Environmental’s revised findings regarding development in the Lake Auburn watershed. Originally, FB said “we found no net environmental, economic, or social benefit supporting expansion of development in the Lake Auburn watershed.”

The revised report says by changing the lot size from one acre to three acres, development will make the lake cleaner. I have read several lake studies as a Auburn Water District trustee for over 20 years, and never realized science works that way. Isn’t it still three developed acres replacing three acres of nature’s filtration?



Folks purchase land in the Lake Auburn watershed (including John Gendron’s Gracelon pit) knowing that strict lake protection rules will prevent them from easily developing the land. While the majority of landowners accept that fact, greedy investors have found an accomplice in Mayor Levesque.

The Gendron pit was in the watershed when he purchased the land several years ago, but the mayor and council have removed the pit from the watershed and rezoned it for development even though it borders the lake. Citizens of Auburn are intensely opposed to development around the lake, but the mayor’s greed machine marches on.

We are forewarned by the agencies overseeing the waiver from filtration that development will likely cause us to lose this precious rule. John Gendron Development, AWD Trustee Dan Bilodeau, and others will prosper. All Auburn taxpayers and ratepayers will pay more.

Greed pollutes lakes (and people).

Julian Casablanca says, “Greed is the inventor of injustice as well as the current enforcer.”

I agree.

Bruce Rioux, Auburn

Related Headlines

Comments are no longer available on this story