Anonymous
02/16/2022 15:01
Subject: Not bad
Republicans aren't tough on crime. They are tough on minorities committing petty crime.
They are completely soft on rich white people committing much larger-scale crimes.
They are completely soft on rich white people committing much larger-scale crimes.
Anonymous
02/16/2022 15:00
Subject: Not bad
Anonymous wrote:DC's bond rating is AA+. DC's GDP per capita ranks #1 at $229,802. DC has it's problems, but it's a pretty well run district compared to Alabama, Missouri, or Texas.
Definitely better run than Alabama, Missouri and Texas.
Anonymous
02/16/2022 08:45
Subject: Not bad
Anonymous wrote:Anonymous wrote:Anonymous wrote:DC's bond rating is AA+. DC's GDP per capita ranks #1 at $229,802. DC has it's problems, but it's a pretty well run district compared to Alabama, Missouri, or Texas.
You don’t know what the bond rating means. DCs GO bonds are have an investment grade rating because DC has agreed to effectively a private sector fiscal control board. All DC income tax revenue does not go directly to the DC treasury, like it does for normal jurisdictions. Instead, it goes directly to a bond agent who uses it to pay bond holders and then once bond holders are paid in full, the remaining funds are transferred to the DC treasury. The analogy is that your credit card company is garnishing your wages and getting paid first directly from your employer. It seems odd that people would be more comfortable allowing Wall Street bankers to have unprecedented control over DCs finances than elected officials.
Second, without this arrangement, DC bonds would not be investment grade. DCs fiscal position is not sustainable. DC has some of the highest per capita public debt levels in the country which is compounded by declining population growth. The writing is on the wall.
This is just incorrect and complete mischaracterization.
All income and business tax revenue in DC goes first and directly to the Income Tax Secured Bond Fund to pay the ITB bondholders. Those payments to bond holders are made even before DC is allowed to provide tax refunds that are due. This is why the bonds are rated AA+.
Fitch also takes note of DCs statutory cap on debt, the inability of DC to declare bankruptcy and the implied an Federal guarantee. To claim that the bond rating means anything else than issuer default risk is a huge mischaracterization of what the ratings are.
Anonymous
02/16/2022 08:08
Subject: Not bad
Anonymous wrote:Anonymous wrote:DC's bond rating is AA+. DC's GDP per capita ranks #1 at $229,802. DC has it's problems, but it's a pretty well run district compared to Alabama, Missouri, or Texas.
You don’t know what the bond rating means. DCs GO bonds are have an investment grade rating because DC has agreed to effectively a private sector fiscal control board. All DC income tax revenue does not go directly to the DC treasury, like it does for normal jurisdictions. Instead, it goes directly to a bond agent who uses it to pay bond holders and then once bond holders are paid in full, the remaining funds are transferred to the DC treasury. The analogy is that your credit card company is garnishing your wages and getting paid first directly from your employer. It seems odd that people would be more comfortable allowing Wall Street bankers to have unprecedented control over DCs finances than elected officials.
Second, without this arrangement, DC bonds would not be investment grade. DCs fiscal position is not sustainable. DC has some of the highest per capita public debt levels in the country which is compounded by declining population growth. The writing is on the wall. [/quote
This is just incorrect and complete mischaracterization.
Anonymous
02/16/2022 07:51
Subject: Re:Not bad
Anonymous wrote:Anonymous wrote:Op here. In a perfect world we wouldn’t need Republicans to step in to actually help alleviate the 320% rise in car jackings, but at this point anything we’ll help because the current modus operandi is to just let it happen, proclaim its all systemic injustice and not the perpetrators’ fault, and then to not prosecute and to release.
And this is coming from someone actually from dc. Im more Washington than anyone else on here. Born and raised. I was here throughout the crack years. When CVS was called Peoples. When Hechinger’s was a real hardware store. When Kim’s Karate and Greenberg and Betterman commercials were still on TV. So don’t act like I’m some Maryland mofo just coming on here with a suburban perspective.
Liberal here who works in criminal justice. Most of the violent crime is being driven by social fallout from the pandemic. Part of it is also a growing number of ghost guns in the area. Part of it is being caused by the national conversation on police reform, and a huge push on "defunding" or basically trying to remove police from as many situations as possible. When people don't see the government as legitimate, they don't obey basic rules and laws. And whether we like it or not, the way the conversations (and some policies) have been implemented, we have eroded police legitimacy. Add to that the police shortage, which has been going on for years.
I am hopeful the COVID insanity will just be a phase and things will get closer to the pre-pandemic normal.
The issue of ghost guns has to be dealt with federally. But since some are being made by 3D printers, I think this problem is here to stay. And it's concerning.
The police legitimacy issue requires political leadership efforts to support good policing, improve policing, and continue to invest in other non-police responses. It isn't an either/or. It has to be all of them. The number one evidenced-based best practice for violence reduction is both social services supports and law enforcement presence.
What Republicans will offer is heavy-handed policing of the 90s. While that suppresses crime, it does so in a way where the "cure" is as harmful as the disease.
Progressives offer much less policing and lots of social service wrap-around supports. But they fail to understand or willfully ignore the fact that crime is caused by multiple social pressures from jobs to health to education to housing. They would have to support these areas perfectly to significantly reduce crime without law enforcement.
The solution is in the middle.
We said, thank you.
Unfortunately in recent years progressive and conservatives have all decided (some would say been influenced) to think that middle ground and compromise is for pussies and unbelievers of the One True Way, (which is their way, whatever it is). I first saw this trending on my college alumni discussion boards, where younger graduates started explaining to us, with the hushed reverence of the newly converted, that moderates were the Worst because Reasons--and here their reasons always got convoluted or nonsensical or ideological--and that the only way forward was to dismantle the police, end corporate America, etc. Etc.
Some might dismiss that as typical twentysomething posturing, but the tone was different, and the level of zeal, disturbing. We see this kind of reductive thinking everywhere now. We have all grown smaller and more siloed because of it.
So how do we move forward? I think your ideas are good. I probably should have just said that instead of tangenting off, but I keep trying to articulate that things have changed and it's not for the better and we need to find a way back.
Anonymous
02/16/2022 07:23
Subject: Re:Not bad
Anonymous wrote:Op here. In a perfect world we wouldn’t need Republicans to step in to actually help alleviate the 320% rise in car jackings, but at this point anything we’ll help because the current modus operandi is to just let it happen, proclaim its all systemic injustice and not the perpetrators’ fault, and then to not prosecute and to release.
And this is coming from someone actually from dc. Im more Washington than anyone else on here. Born and raised. I was here throughout the crack years. When CVS was called Peoples. When Hechinger’s was a real hardware store. When Kim’s Karate and Greenberg and Betterman commercials were still on TV. So don’t act like I’m some Maryland mofo just coming on here with a suburban perspective.
Liberal here who works in criminal justice. Most of the violent crime is being driven by social fallout from the pandemic. Part of it is also a growing number of ghost guns in the area. Part of it is being caused by the national conversation on police reform, and a huge push on "defunding" or basically trying to remove police from as many situations as possible. When people don't see the government as legitimate, they don't obey basic rules and laws. And whether we like it or not, the way the conversations (and some policies) have been implemented, we have eroded police legitimacy. Add to that the police shortage, which has been going on for years.
I am hopeful the COVID insanity will just be a phase and things will get closer to the pre-pandemic normal.
The issue of ghost guns has to be dealt with federally. But since some are being made by 3D printers, I think this problem is here to stay. And it's concerning.
The police legitimacy issue requires political leadership efforts to support good policing, improve policing, and continue to invest in other non-police responses. It isn't an either/or. It has to be all of them. The number one evidenced-based best practice for violence reduction is both social services supports and law enforcement presence.
What Republicans will offer is heavy-handed policing of the 90s. While that suppresses crime, it does so in a way where the "cure" is as harmful as the disease.
Progressives offer much less policing and lots of social service wrap-around supports. But they fail to understand or willfully ignore the fact that crime is caused by multiple social pressures from jobs to health to education to housing. They would have to support these areas perfectly to significantly reduce crime without law enforcement.
The solution is in the middle.