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Over 100 US Cities Bankrupt

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Re: Over 100 US Cities Bankrupt

Unread postby Tyler_JC » Wed 29 Dec 2010, 18:18:39

Part of your property taxes go to pay for useful services from which you cannot be excluded and thus must be forced to pay for.

Example: police protection.

Every municipality has a local police department that investigates crimes, arrests offenders, keeps the peace, etc.

The mere existence of a local police station reduces crime. Even if you have never been a victim of crime, you are still better off with a police station than without it.

Moreover, police protection has a positive externality. If houses A, B and D pay for police patrols, house C still enjoys protection.

How are you supposed to pay for a local police force if everyone can choose to "opt out" of paying, knowing full well that their neighbors will foot the bill?

deMolay, ever heard of the free rider problem?
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Re: Over 100 US Cities Bankrupt

Unread postby FairMaiden » Wed 29 Dec 2010, 19:05:02

Thank you Tyler for your points. I'm sure DeMolay drives his vehicle on paved roads and thinks nothing about the costs of acquistion (appropriated land) and maintenance. Let someone else pay for it - he should be given a free pass.

The "state" are not the farmers - they farmers are the rich corporations who run the gov and give you impression that you have a voice.

The pension problem is that you are comparing apples and oranges. I work for the provincial gov't here in Canada. I make $5k/year less than I did in private sector. I also pay $600/mo to the pension fund which the private sector does NOT pay. I am forced to pay this whether I like it or not. I'm not eligible for retirement till I'm 65...I will receive $20K per year upon retirement. I just ran a private investment calculator and it tells me that I only need to put $185/mo for that kind of yearly retirement...(note: I have a bit of private RRSP as well and that's included)...so how am I getting a deal here? I'm not. I'm paying for the poor financial decisions of the pension fund managers and I don't have a say about any of it. I'm also paying for the ppl who get to retire at 45 and have jacked up their last 5 years of earning to get more than their fair share. Close those loopholes - but don't take about "luxury" pensions bc MOST gov't employees don't see that. At least not those of us in the middle/bottom!!

I only switched bc I was tired of the downtown commute and gov't services is the biggest industry in my area...so for my sanity/extra time with kids is worth it...
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Re: Over 100 US Cities Bankrupt

Unread postby Pretorian » Wed 29 Dec 2010, 19:11:29

$this->bbcode_second_pass_quote('deMolay', 'C')ome if you must Pretorian, I will surely make you welcome. But in the meantime, do you not pay TAXES? Do you not rent your property back off the Human Tax Farm Owner? You see that is the source of the evil.


I am not coming, you can relax your bunnies now. But my sensors detect a bit of sarcastic hostility there. What happens is that you are too shy to admit that you will be breaking all your phones trying to get somebodies ear to listen your plea for help. Police, Mounted red-suits, FBI, whatever. In other words, you would expect somebody to risk his health and life, to come (and thus waste his time and car also) and help you to keep your home. Furthermore, you would expect him/them to make sure I dont come back for awhile, in other words to maintain me in prison. Lets count how much of waste that is, and how many builders, cooks, farmers, guards, judges, public prosecutors have to make you a favor as well.

Now lets say you dont have so many aquiantances or favor-coupons available and decided to do something yourself. Lets suggest you are loony enough for that. What you are gonna do? Lets suggest you grabbed your AA-12 or M-60 and killed me dead. But I didnt say I came armed , or broke into your house, did I? I could be just an unarmed big guy just strong enough to kick your butt really good.
So you commited a murder. Better yet, you got yourself a good lawyer, so $200K and 2 years later you are leaving the court/prison with a standing ovation from the audience, and go right back to your house ( that nobody decided to inhabit while you were gone, for some reason).
And before your kettle whistles there is another guy calling your door and telling you to vacate the premises. Whatcha gonna do?
Now lets suggest that while you were seeking truth away in a prison, libertarian paradise came into a place and RE and other taxes got abolished along with everything that they are paying for. Why would your new visitor be bothered to ask you to give him your house instead of just shooting you in the face? For cleaning reasons? Or better yet,he can shoot you in the knees, so you can tell him in your last minutes (hours? days? weeks?) where your goodies are at.
You, as a rich guy, benefit from the state more than anybody else (except for those who are richer than you) simply because without existing of such you would never be able to become rich in the first place , let alone to stay rich. The state itself exists to protect the rich from the poor. Why would the poor pay to protect the rich? The state lets you use other people as slaves (yes, renting people is no different than buying them) and to rape Gaia on their behalf. So the rich people pay the state to continue this process (with money usually earned by their slaves). Very simple.
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Re: Over 100 US Cities Bankrupt

Unread postby vision-master » Wed 29 Dec 2010, 19:14:10

$this->bbcode_second_pass_quote('', 'I') getting a deal here? I'm not.


Look closer, you can get a disablity pension if needed. 3 in 10 ppl end up on disablity before retirement age. Don't be so short sighted....
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Re: Over 100 US Cities Bankrupt

Unread postby deMolay » Wed 29 Dec 2010, 20:45:23

Pretorian you scare no one least of all me. If I can run off a black bear, I am sure I can run off a blowhard like yourself. Like I said, I will make you welcome. The source of the Problem is "Property Taxes." Property Taxes should be outlawed. FairMaiden up the list mewls about her great contribution to her Provincial Pension. Well miss mewl, I have news for you. Canada is broke as well. And per capita we are further in the hole than the USA. If you live in Ontario for example, Ontario's Total Public Debt is North of 310B Dollars. Your pension is most likely unfunded and you will never be paid. Property Taxes should be completely banned. Property Taxes are a relic of the past, and are part of the old European Feudal system. They were instituted at the time the Feudal system was being dismantled, and folks began to own their own homes versus the Crown or King etc. Today tho we now pay more in Taxes than we have left for Food, Clothing and Housing combined. The money is just being squandered to pay for civil servant wages and pensions. When what we really need to do, and very soon. Is end as many programs as we can immediately and cut all civil servant staff by 25% across the board. Get them off the peoples backs. Let them fend for themselves. As for the necessity of cops, give me a break. I take care of myself and even if I did call a cop, he probably would show up a day later anyway. That is why loudmouths like Pretorian would probably not make it very far here. He is a bedpisser like Fair Maiden. When austerity is finally forced on Canada and the US in 2011. Remember my words.
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Over 100 US Cities Bankrupt

Unread postby Revi » Wed 29 Dec 2010, 21:17:56

The worst thing is that they cut services like police and fire and at the same time jack up the property taxes because there are fewer and fewer people to pay them. That's the reason that Detroit and places like that are not being re-inhabited by families. It isn't safe, and it isn't cheap to live there either.

I think we are looking at a much less kind and gentle America.

By the way I think Pretorian's rant was offensive also DeMolay. No need to threaten anyone on this forum. To alert moderators, click on the red asterisk. Eastbay.
Deep in the mud and slime of things, even there, something sings.
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Re: Over 100 US Cities Bankrupt

Unread postby FairMaiden » Wed 29 Dec 2010, 23:32:10

DeMolay - I wasn't mewling or whatever...I was just pointing out that public pension plans are not these great luxury benefits. They are paid for by the employees. As I pointed out, I will pay more than 3x what my pension will be worth. Of course, I'm not complaining bc I get to work in my community (I believe I ended with that but you will clearly read what you want/what validates your point). The problem is not the public penions - it's that the public won't put the equivalent $185 away and when they have nothing and we have something (if it lasts that is)...they will complain that's it's all taxpayer's money instead of allocated wages.

Property taxes are completely fine. If you don't want to pay them - then move to the Reserve.

In Canada we have less of a problem bc we operate like a 3rd world country. Sell our natural resources and buy back finished products.

You sound bitter - is the 'history of your enslavement' that new to you? That's old news. As long as we are well fed and have a decent roof over our heads, we don't really care...bc what's the alternative...
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Re: Over 100 US Cities Bankrupt

Unread postby deMolay » Thu 30 Dec 2010, 08:06:06

Fair Maiden, I am not bitter in the least. I have prepared as well as possible and have 6 different income streams coming in, all pretty much unrelated to each other. You and Pretorian remind me of the Squid Billies. As to pensions being the real problem. I refer you again to this site documenting civil servant and public employee pensions. These are the real fat cats that are bankrupting the EU as well as Canada and the USA. Open the spread sheets, they are the actual pensions of firefighters, cops and unionized labour union members working for the city of Chicago and are typical for all of North America. Only the identity of the people collecting the pensions has been protected by substituting their initials for their real names. http://www.illinoisisbroke.com/pensionmillionaires.aspx
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Re: Over 100 US Cities Bankrupt

Unread postby deMolay » Thu 30 Dec 2010, 09:37:42

"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Over 100 US Cities Bankrupt

Unread postby IsThisRealLife » Thu 30 Dec 2010, 10:11:08

$this->bbcode_second_pass_quote('Tyler_JC', '.')..If houses A, B and D pay for police patrols, house C still enjoys protection.
You may remember the case of the fellow in Tennessee that opted out of the fire department protection. His house burned down.

http://www.msnbc.msn.com/id/39516346/ns/us_news-life/

A la carte Gov't can suck big time.
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Re: Over 100 US Cities Bankrupt

Unread postby IsThisRealLife » Thu 30 Dec 2010, 10:34:33

$this->bbcode_second_pass_quote('deMolay', '.')..actual pensions of firefighters, cops and unionized labour union members working for the city of Chicago...
Providing this information is real and for real...

I'm not opposed to JM, a firefighter, earning a $51K/year pension. It's actually not a lot of money in Chicago. I'm opposed he's getting a retirement at age 50. That's insane! Maybe 50 isn't fit for fighting fire and it's putting people's life at risk, but there's a lot of good life left in a 50-year old to do good desk work, training, mentoring, maintenance, etc. It's money not well used, IMO.
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Re: Over 100 US Cities Bankrupt

Unread postby Tyler_JC » Thu 30 Dec 2010, 12:51:17

$this->bbcode_second_pass_quote('IsThisRealLife', '')$this->bbcode_second_pass_quote('Tyler_JC', '.')..If houses A, B and D pay for police patrols, house C still enjoys protection.
You may remember the case of the fellow in Tennessee that opted out of the fire department protection. His house burned down.

http://www.msnbc.msn.com/id/39516346/ns/us_news-life/

A la carte Gov't can suck big time.


That's why I used police protection rather than fire protection as the case study.

Fire protection can be segmented, to some extent, but only if my house fire doesn't burn down your house.

There is no way to do that with security services. If my half of the street pays for police patrols, how am I supposed to exclude your half of the street from enjoying police protection?

Until someone finds a way around that problem, I will continue to view the "property taxes = theft" crowd as shortsighted and ignorant of the free market economic principles they claim to espouse.

There are such things as public goods. They must be provided for the sake of maintaining a civil society. The Founding Fathers knew this, that's why they put the provision of public goods in the Constitution. (Article 1, Section 8 )
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Re: Over 100 US Cities Bankrupt

Unread postby IsThisRealLife » Thu 30 Dec 2010, 13:34:43

$this->bbcode_second_pass_quote('Tyler_JC', 'I')f my half of the street pays for police patrols, how am I supposed to exclude your half of the street from enjoying police protection?
I truly hope this is not the case, but it's not hard to visualize the situation. You paid for protection, I didn't. People are vandalizing our houses, the police comes, does something about your house, and shrug the shoulders about mine.

As a matter of fact, the Tennessee man's neighbor's property started to catch fire, the FD put out the fire and watched the fire consume the man's house with fully functional, fully deployed equipment, ready to go.

(And BTW, a small detour, I blame the man that rolled the dice and didn't pay the $75 annual fee, yet he owned dogs and seemingly had money for dog food. For me the choice between dog food and a house is quite clear, but that's just me. Sorry about the detour. Back to the show already in progress.)
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Re: Over 100 US Cities Bankrupt

Unread postby Pretorian » Fri 31 Dec 2010, 05:23:08

$this->bbcode_second_pass_quote('deMolay', 'P')retorian you scare no one least of all me. If I can run off a black bear, I am sure I can run off a blowhard like yourself. Like I said, I will make you welcome. The source of the Problem is "Property Taxes." Property Taxes should be outlawed.


You know, I would expect, from somebody who paid millions of dollars in taxes (which is quite of a fit--for a Canadian) to be a little bit more interesting and you know, cognitive. Not that intelligence got something to do with having money-- but there is always a hope. Your problem, in the world without taxes, would be not me but 10 000 000 people within a driving distance. Yourdeletedbrawlery might scare off a black bear, good luck using it to protect your properties and 6 investment projects from anybody who wish to have them. You want to discuss taxes-- discuss taxes, leave senility outbreaks to your gerontologist (which is paid by the government, btw)
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Re: Over 100 US Cities Bankrupt

Unread postby deMolay » Fri 31 Dec 2010, 08:54:56

Like I expected, you are climbing back down from your personal threats against me. Because you are a blowhard and I recognised that about you right away. As to senility, you really need to look in the mirror. You have bigger issues than mere senility. deleted
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Re: Over 100 US Cities Bankrupt

Unread postby Pretorian » Fri 31 Dec 2010, 15:59:33

$this->bbcode_second_pass_quote('deMolay', 'L')ike I expected, you are climbing back down from your personal threats against me. Because you are a blowhard and I recognised that about you right away. As to senility, you really need to look in the mirror. You have bigger issues than mere senility. deleted


I haven't made any personal threats against you or anybody else, ask your English teacher for a refund if you think otherwise. Better yet, enroll in one of the free (paid by the government) English courses near your location.

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Re: Over 100 US Cities Bankrupt

Unread postby deMolay » Fri 31 Dec 2010, 18:29:06

Pretorian, I see that you have deleted the post were you threatened me. Just like I called you. A gutless BLOWHARD. Because that is all you have going for yourself. Except in my case it won't work. I don't run and I don't hide. Live up to your threat, bring it, I will welcome you. You forgot to get rid of the post of someone else that picked up on your threats. $this->bbcode_second_pass_quote('', 'D')ecember 29th, 2010, 7:17 pm

The worst thing is that they cut services like police and fire and at the same time jack up the property taxes because there are fewer and fewer people to pay them. That's the reason that Detroit and places like that are not being re-inhabited by families. It isn't safe, and it isn't cheap to live there either.

I think we are looking at a much less kind and gentle America.

By the way I think Pretorian's rant was offensive also DeMolay. No need to threaten anyone on this forum. To alert moderators, click on the red asterisk. Eastbay.
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Re: Over 100 US Cities Bankrupt

Unread postby mattduke » Fri 31 Dec 2010, 18:55:36

Image
$this->bbcode_second_pass_quote('', 'T')his coastal city next month will begin an aggressive campaign to warn residents of severe budget cuts that lie ahead, as the cash-strapped town tries to avert insolvency.

Laura Snideman, appointed earlier this month as Half Moon Bay's city manager, says she and the five-member city council and top managers will meet in the next few weeks with residents to alert them about impending changes, such as potentially outsourcing the town's 15-person police department to an outside agency.

The financial troubles of Half Moon Bay have made the coastal city a poster child for the problems plaguing Bay Area municipalities.

The city has planned as many as a dozen meetings and will have a town hall gathering at the end of January, says Ms. Snideman. She adds that Half Moon Bay hasn't embarked on such an aggressive public outreach before and plans to walk residents through the city budget to show where cuts need to come from.

"The choices are no longer hard, they're painful," says Ms. Snideman, formerly an economic development manager in the city of San Mateo. She adds that she hopes by making the case for cuts, some residents will offer ideas or even volunteer to save some services and programs.

The campaign is the latest development in Half Moon Bay's long and winding financial descent, which has made it a poster child of the problems plaguing Bay Area municipalities. While many towns face budget gaps, Half Moon Bay is in especially tough straits. The city already has outsourced some public-works services, including trash, building inspection and health-code enforcement to independent contractors and private companies.

The city of 13,000 is essentially "turning into a functionally unincorporated locale," says Christopher Thornberg, a principal at consultancy Beacon Economics in San Rafael. "They're pretty much a city in name only, having turned over or outsourced most of their essential services."

So it is cheaper to outsource than to perform the services themselves. Why didn't they outsource long ago?
$this->bbcode_second_pass_quote('', 'T')he city's fortunes worsened in November when voters defeated a measure to lift sales taxes to 10.25% from 8.5%, which would have yielded $1.4 million over the next seven years. That same month, California residents voted in favor of Proposition 26, which requires a two-thirds majority vote before a city can increase fees for services and permits. The combination has limited Half Moon Bay's ability to capture new revenue.

Sounds like the citizens have voted to rightsize government.
http://online.wsj.com/article/SB1000142 ... 84916.html
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Re: Over 100 US Cities Bankrupt

Unread postby vtsnowedin » Fri 31 Dec 2010, 19:32:14

$this->bbcode_second_pass_quote('deMolay', ' ')To alert moderators, click on the red asterisk. Eastbay.

.
.
I don't know about your computer screen but I don't see any red asterisk. (*) I do see a red exclamation mark(!) or exclamation point up next to the Quote button. Is that what you are trying to direct EastBay to?
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Re: Over 100 US Cities Bankrupt

Unread postby Pretorian » Fri 31 Dec 2010, 19:54:11

$this->bbcode_second_pass_quote('deMolay', 'P')retorian, I see that you have deleted the post were you threatened me. Just like I called you. A gutless BLOWHARD. Because that is all you have going for yourself. Except in my case it won't work. I don't run and I don't hide. Live up to your threat, bring it, I will welcome you. You forgot to get rid of the post of someone else that picked up on your threats. $this->bbcode_second_pass_quote('', 'D')ecember 29th, 2010, 7:17 pm

The worst thing is that they cut services like police and fire and at the same time jack up the property taxes because there are fewer and fewer people to pay them. That's the reason that Detroit and places like that are not being re-inhabited by families. It isn't safe, and it isn't cheap to live there either.

I think we are looking at a much less kind and gentle America.

By the way I think Pretorian's rant was offensive also DeMolay. No need to threaten anyone on this forum. To alert moderators, click on the red asterisk. Eastbay.


I haven't deleted any posts in my 4 years here and all posts I wrote in this thread are right up there, noone deleted any (not yet, anyway). If you think otherwise, call the police (courtesy of your local tax-payers). For all other concerns, call your gerontologist.
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