tag:blogger.com,1999:blog-12703782.post4054024723737022414..comments2024-03-25T13:42:25.771-05:00Comments on Advance Indianaâ„¢: Star Wants You To Believe City's Credit Rating Is In Jeopardy If Public Safety Tax Increase Revenues Are Used As IntendedGary R. Welshhttp://www.blogger.com/profile/15185079937305083438noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-12703782.post-61532803721902580062015-07-30T17:13:23.922-05:002015-07-30T17:13:23.922-05:00Honestly who cares ? AA credit rating is still con...Honestly who cares ? AA credit rating is still considered very high quality and will not impact interest rates in terms of bond issuance due to the low interest rate environment right now.<br /><br />Credit ratings (like Indiana's AAA) is pretty short-sighted and makes for good political sound bites nothing more. In theory, a higher credit rating leads to lower interest rates, which means lower Government spending, which means lower taxes.<br /><br />The reality is that the Government will still waste money in one way or another (like hiring an out of state public relationships firm for a the RFRA debacle), Mike Pence's CECI agency to fight Glenda Ritz, etc....<br /><br />Last I checked, a credit rating can't be used to buy groceries, tax money that is taken can be though.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-8632029554250528152015-07-30T15:11:47.456-05:002015-07-30T15:11:47.456-05:00There are two huge scams run nationwide, or even w...There are two huge scams run nationwide, or even worldwide, by govs on their respective citizens. These two are education and law enforcement. Scams in the sense of overpaid/overpriced "service" to include their pensions all funded by tax dollars. Every year these two union-controlled industries are paraded before the citizen as needing ever increased financing or doom is sure to follow. And this on top of tye cafr scams.<br />http://www.cafrman.com/<br /><br />Only a ten percent tax increase this year? Why not install a ten percent increase every year? That should fix everything!Joshnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-81848435485759787102015-07-30T13:44:42.306-05:002015-07-30T13:44:42.306-05:00I am Anon 7:55; I voted in the most recent Primary...I am Anon 7:55; I voted in the most recent Primary and utilized a Republican ballot.<br /><br />Paul Ogden just penned on his blog "After Supporting Wasteful and Likely Illegal Blue Indy Deal, Why Should Indy Conservatives Vote for Brewer for Mayor?" and I enjoyed the comment by "Pete Boggs" who said...<br /><br /><b>"Locally, the base is semi-permanently decoupled from the establishment apparatus; which won't change anytime soon. The uninspired base will throw up, not show up; understanding as adults, that choices between "evils" aren't of their making..."</b> AMEN, Brother! AMEN!!<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-41388859631138411442015-07-30T11:57:05.142-05:002015-07-30T11:57:05.142-05:00So essentially what we have here is a group that w...So essentially what we have here is a group that won't be voting for anyone for Mayor, and didn't vote for anyone in the Republican primary for Mayor, and doesn't seem to find anyone who wants to run for Mayor that they'd deem acceptable. As far as I can read, there's only one acceptable person on the Council, but, they being seemingly unacceptable to Council members of either party, apparently isn't particularly effective. All combined, those are rough positions because you either need to find, and get elected, a considerable bunch of councilors, and/or a Mayoral candidate for an election that's a bit over four years away. I'm not attempting to stake out a position there, because, generally, Councilors tend not to be collectively effective, and nothing much seems to change from one Mayor to the next. Just one more thing that makes one grateful for beer.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-25418803797742079542015-07-30T09:00:40.445-05:002015-07-30T09:00:40.445-05:00"Where's the harm? Bond rating firms are ..."Where's the harm? Bond rating firms are thought to be paid for describing realities. They would be no good to us if they didn't downgrade, so to speak, our bond rating. It, the downgrade, tells us that Indianapolis is fiscally irresponsible. It is also a benefit to us in that by raising the cost of borrowed bucks, in a rational world, less would be borrowed. The cost benefit ratio gets much steeper and so if we would elect a rational mayor he'd borrow much less. End the borrowing would be a good policy-the former stupid mayor was borrowing money to meet operating "needs" instead of being a competent manager." Ogden asks why any fiscally conservative would vote for the Republican running for Mayor. Good question. There was a book once that talked about exchanging new lies for old ones. A cynic might think the upcoming choice is to exchange old crooks for new ones. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-90420087895654450792015-07-30T07:55:11.623-05:002015-07-30T07:55:11.623-05:00Bravo, bravo, bravo, Gary! Another splendid analys...<b>Bravo</b>, <b>bravo</b>, <b>bravo</b>, Gary! Another splendid analysis. I am an employed Marion County taxpayer who has had it up to HERE with these damned tax increases our feckless and useless City County Council (the Honorable Councilor Christine Scales excepted) and their idiot mayor foist upon us. The corrupt Republican Mayor Greg Ballard could not get his corrupt agenda through without the close work and assistance of our generally pathetic City Council under asleep-at-the-wheel Democrat Maggie Lewis. How and why the witless Kyle Walker thinks we Marion County Republicans will elect Chuck Brewer for a third Greg Ballard term is something for psychiatric professionals to assess.<br /><br />We must not forget that the City County Council Democrats are often in goose step with Kyle Walker's corrupt Republican mayor. The lockstep Democrats are just as guilty sucking our hard earned money from our depleted pockets as is Greg Ballard... they simply steal our money so they can give it to someone else and I am damned tired of them all.<br /><br />So, to the MCRCC/Marion County GOP... I will not vote for Joe Hogsett (whom I believe is being given the mayor's chair anyway) but you can be completely guaranteed that this Republican blog commenter <b>will never ever vote for Chuck Brewer</b>! <br /><br />Anonymousnoreply@blogger.com