White Plains, NY is considering acquiring a country club ... during a "national debt crisis".

Mounting Debts by States Stoke Fears of Crisis
By MICHAEL COOPER and MARY WILLIAMS WALSH

Published: December 05, 2010

http://mobile.nytimes.com/article?a=709396&f=19

But the finances of some state and local governments are so distressed that some analysts say they are reminded of the run-up to the subprime mortgage meltdown or of the debt crisis hitting nations in Europe.


Analysts fear that at some point - no one knows when - investors could balk at lending to the weakest states, setting off a crisis that could spread to the stronger ones, much as the turmoil in Europe has spread from country to country.

So how come White Plains, NY is considering acquiring a country club?