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Poorly run cities get bail out, others get nothing

Poorly run cities get bail out, others get nothing

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AverageJoe1
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Is it FAIR for Pelosi to bail out (give money to) cities that have improperly managed the finances of their government and their citizens? I ask that, because other cities, like Lander, Wyoming, or Palousa WA, or many thousands of other cities, have run their cities correctly and are not going to get any money. Some of the money will come from you.

Is this rational? Theoretically, cities in the future might just let themselves get reckless, knowing that they can get bailed out. Good gracious.

Woofwoof

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@averagejoe1 said
Is it FAIR for Pelosi to bail out (give money to) cities that have improperly managed the finances of their government and their citizens? I ask that, because other cities, like Lander, Wyoming, or Palousa WA, or many thousands of other cities, have run their cities correctly and are not going to get any money. Some of the money will come from you.

Is this rational? ...[text shortened]... future might just let themselves get reckless, knowing that they can get bailed out. Good gracious.
"Theoretically, cities in the future might just let themselves get reckless, knowing that they can get bailed out. Good gracious."
- averagejoe1


If you'd have substituted the word "cities" with words like "banks" or "corporations"... that would have made a mighty powerful statement.

As it is, you seem to prefer falling-back to safety by picking on the powerless and vulnerable.

No courage in your convictions do I sense.

AverageJoe1
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@wolfe63 said
"Theoretically, cities in the future might just let themselves get reckless, knowing that they can get bailed out. Good gracious."
- averagejoe1


If you'd have substituted the word "cities" with words like "banks" or "corporations"... that would have made a mighty powerful statement.

As it is, you seem to prefer falling-back to safety by picking on the powerless and vulnerable.

No courage in your convictions do I sense.
Ok. If a person, or chrysler, tesla, KMart or a weed shop cant run their finances, they need to bankrupt or go out of business. Be Responsible, a concept lost on liberals.
which gave rise to my question.

Nothing in the Constitution provides federal govt would have anything to do with it.

Wolf, If I make a bad investment and lose $10,000 in the stock market, if the government under the above concepts covers my $10,000 loss, should they not have to also give you $10,000 ? Why should I get money for doing something stupid, and you’re leading a nice simple life and don’t do something stupid, you are the loser. Logic.

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@averagejoe1 said
Ok. If a person, or chrysler, tesla, KMart has or a weed shop cant run their finances, they need to bankrupt or go out business. Be Responsible, a concept lost on liberals.
which gave rise to my question.

Nothing in the Constitution provides federal govt would have anything to do with it.
The years 2008 and 2009 beg to differ.

no1marauder
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@averagejoe1 said
Is it FAIR for Pelosi to bail out (give money to) cities that have improperly managed the finances of their government and their citizens? I ask that, because other cities, like Lander, Wyoming, or Palousa WA, or many thousands of other cities, have run their cities correctly and are not going to get any money. Some of the money will come from you.

Is this rational? ...[text shortened]... future might just let themselves get reckless, knowing that they can get bailed out. Good gracious.
Federal aid to States and cities who's revenue have been reduced by the natural disaster of COVID-19 is no different philosophically than Federal aid to Louisiana because of damage caused by the natural disaster of a hurricane. Do you oppose that "bailout", too?

vivify
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@averagejoe1 said
Is it FAIR for Pelosi to bail out (give money to) cities that have improperly managed the finances of their government and their citizens? I ask that, because other cities, like Lander, Wyoming, or Palousa WA, or many thousands of other cities, have run their cities correctly and are not going to get any money. Some of the money will come from you.

Is this rational? ...[text shortened]... future might just let themselves get reckless, knowing that they can get bailed out. Good gracious.
People live in cities; families, children, etc. It wouldn't be right to punish a city because the people whose job it is to responsibly manage finances messed up....especially for those who voted against the politicians in office.

A business in the same situation is a different matter, though.

Earl of Trumps
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@vivify said
People live in cities; families, children, etc. It wouldn't be right to punish a city because the people whose job it is to responsibly manage finances messed up....especially for those who voted against the politicians in office.

A business in the same situation is a different matter, though.
I strongly disagree.

Cities are like a corporation only they have a monopoly.
If the people voted in stupid spenders, let them live with it.
It's the same as stockholders of a corp. voting in a CEO that runs the company aground.

no different.

vivify
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@earl-of-trumps said
If the people voted in stupid spenders, let them live with it.
What about the voters who chose someone else? Should they be punished for a choice they didn't make?

AverageJoe1
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@no1marauder said
Federal aid to States and cities who's revenue have been reduced by the natural disaster of COVID-19 is no different philosophically than Federal aid to Louisiana because of damage caused by the natural disaster of a hurricane. Do you oppose that "bailout", too?
OK. Query that running the cities, pension plans, (I cud go on) into the ground is done my misfeasance, malfeasance, nonfeasance, a dash of criminal intent, by the leaders, elected officials.

The desolations you mention that (justifiably) are covered by federal government are brought on by storms, et al , natural causes. You, yourself, cite Covid as a natural disaster.

Are you aware that you are saying that Councilmember Capone could steal $1M from the treasury, and the govt would cover the loss?

This is the simplest answer i can give you.

AverageJoe1
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@vivify said
People live in cities; families, children, etc. It wouldn't be right to punish a city because the people whose job it is to responsibly manage finances messed up....especially for those who voted against the politicians in office.

A business in the same situation is a different matter, though.
Respectfully, the people agree on a System of a town ,and move there. Law says you accept the elected officials and their decisions. So if they make a decision, which is proven later to be a bad decision, you are saying that the federal government should step in and get involved with the elected officials, and ultimately give money to the town to correct the bad decisions of its officials? Please see my answer to Marauder above.

AverageJoe1
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@vivify said
What about the voters who chose someone else? Should they be punished for a choice they didn't make?
It is about accepting the law of the town, which is to abide by the officials ‘that were elected’. I won’t vote for Biden, so if he tells me I have to wear a facemask, do I have to????

AverageJoe1
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@earl-of-trumps said
I strongly disagree.

Cities are like a corporation only they have a monopoly.
If the people voted in stupid spenders, let them live with it.
It's the same as stockholders of a corp. voting in a CEO that runs the company aground.

no different.
Exactly.

vivify
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@averagejoe1 said
Respectfully, the people agree on a System of a town ,and move there. Law says you accept the elected officials and their decisions.
Uh, no it doesn't. You may have to respect the laws but not the financial decisions of lawmakers.

Furthermore, not everyone has the financial freedom to simply choose to move wherever they wish. You can't expect such people to just accept the bad decisions of lawmakers.

AverageJoe1
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@vivify said
Uh, no it doesn't. You may have to respect the laws but not the financial decisions of lawmakers.

Furthermore, not everyone has the financial freedom to simply choose to move wherever they wish. You can't expect such people to just accept the bad decisions of lawmakers.
You have to explain how one would go about “(you dont have to respect) the financial decisions of the lawmakers.” Maybe give us an example of a decision the lawmakers make which One doesn’t like. Does that mean the citizen does not have to follow that decision. What do you mean?

vivify
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@averagejoe1 said
You have to explain how one would go about “(you dont have to respect) the financial decisions of the lawmakers.” Maybe give us an example of a decision the lawmakers make which One doesn’t like. Does that mean the citizen does not have to follow that decision. What do you mean?
Financial decisions aren't the same as laws everyone has to follow; for example, giving huge tax breaks corporations. A citizen who disagrees with giving large tax breaks to corporations doesn't have to respect that decision.

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