Comments on: Kingsport to borrow money to replace a $200k roof and finance it for 20 years http://www.nowhitewash.com/2009/10/kingsport-to-borrow-money-to-replace-a-200k-roof-and-finance-it-for-20-years/?utm_source=rss&utm_medium=rss&utm_campaign=kingsport-to-borrow-money-to-replace-a-200k-roof-and-finance-it-for-20-years Exposing Tax, Borrow, and Spend Polices of Government! Fri, 02 Dec 2011 01:22:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Montanahttp://www.nowhitewash.com/2009/10/kingsport-to-borrow-money-to-replace-a-200k-roof-and-finance-it-for-20-years/comment-page-1/#comment-137 Montana Mon, 08 Nov 2010 11:05:12 +0000 http://www.nowhitewash.com/2009/10/kingsport-to-borrow-money-to-replace-a-200k-roof-and-finance-it-for-20-years/#comment-137 As I recall, this was discussed by an Alderman that this should be a maintenance item and there were funds that could have paid for this. But that Alderman was voted down. If a city is in such bad shape that they have to borrow 200k to replace a roof and finance it for 20 years plus interest, then we need new leaders. I would suggest Thad, that you look at the total debt that the City of Kingsport has to help you better understand the problem.By the same token, I don't think my bank would be receptive if I went to my bank to borrow money to replace the roof on my home and asked that it be financed for 20 years. As I recall, this was discussed by an Alderman that this should be a maintenance item and there were funds that could have paid for this. But that Alderman was voted down. If a city is in such bad shape that they have to borrow 200k to replace a roof and finance it for 20 years plus interest, then we need new leaders. I would suggest Thad, that you look at the total debt that the City of Kingsport has to help you better understand the problem.

By the same token, I don’t think my bank would be receptive if I went to my bank to borrow money to replace the roof on my home and asked that it be financed for 20 years.

]]> By: Thad J.http://www.nowhitewash.com/2009/10/kingsport-to-borrow-money-to-replace-a-200k-roof-and-finance-it-for-20-years/comment-page-1/#comment-136 Thad J. Sun, 07 Nov 2010 21:41:42 +0000 http://www.nowhitewash.com/2009/10/kingsport-to-borrow-money-to-replace-a-200k-roof-and-finance-it-for-20-years/#comment-136 Expenditures are regularly spread out over time, which does not indicate things being in "bad shape." Do you got to the meeting or bring this up to your representatives?I share some of the concerns of conservatives and open government activists (espeicallty them), but they often loose me in their approach to solving problems (or not as the case often appears to be). Why not work through government, because that is precisely what government is-a mechanism for making collective decisions for the citizenry. The government is only as good as the citizens participating. When I look at our (US) low turn out figures and the demographics of who turns out consistently, it is no wonder we are falling apart. Expenditures are regularly spread out over time, which does not indicate things being in “bad shape.” Do you got to the meeting or bring this up to your representatives?

I share some of the concerns of conservatives and open government activists (espeicallty them), but they often loose me in their approach to solving problems (or not as the case often appears to be). Why not work through government, because that is precisely what government is-a mechanism for making collective decisions for the citizenry. The government is only as good as the citizens participating. When I look at our (US) low turn out figures and the demographics of who turns out consistently, it is no wonder we are falling apart.

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