Monday, December 22, 2008

Arlington Development & Redevelopment - A Ponzi Scheme by County Government?

How much will bad planning decisions and massive vanity projects cost Arlington taxpayers in the future?

11 comments:

Anonymous said...

Arlington's entire planning, development, and redevelopment "system" is a huge Ponzi scheme. Neither the public nor the private sectors will be willing to maintain and renovate the extravagant public and private infrastructure in place and being planned when the infrastructure needs to be modernized in 20-30 years. Expensive vanity projects will be the worst. They are huge wasters of tax dollars.

Anonymous said...

There are already something like 9,000 Arlington County employees for 200,000 residents. And the County will paying for new special interest wants like the Newseum Cultural Center. To be followed by three or four additional cultural centers, an aquatic center, and a tourist trolley. So there is a huge commitment up-front for these vanity projects which will be expensive to maintain. Yes, it is a Ponzi scheme for Arlington County to pledge tax dollars to these expensive vanity projects, not telling taxpayers what the eventual cost will be.

22204 said...

A Ponzi scheme means the current investors are being paid by new investors' investments and new investors receive promises of good investment income.

So Arlington taxpayers are receiving promises of how wonderful life will be if we only agree to hundreds of millions of dollars spent for vanity projects which will cost no one know how many future tax dollars to maintain.

Anonymous said...

Remember Boss Hogg in he Dukes of Hazzard?

Anonymous said...

Remember the Arlington Baseball Stadium promoters?

Anonymous said...

Have you driven around and seen Arlington's streets? I asked when my street would be repaved and was told that that asphalt was too expensive. OK, now a barrel of crude is below $40. So how about buying some asphalt and paving my street?

Anonymous said...

Nationals Stadium? Cost the DC taxpayers $617 million, middle class neighborhoods near the stadium are getting redeveloped into expensive condos, Washington Nationals team is a dog. Fisette and Favola would have voted for it to be built in Arlington.

Westie - 22205 said...

Look at the promises and reality for the Westover branch library. We wanted a branch library. What we'll get from County Government is a mixed use facility that will be overcrowded from the day it opens. Way over budget and a decade late.

Worse than a Ponzi scheme.

Dump Fisette in 2009 said...

Time to dump Log Cabin Jay Fisette and the rest of the Republicrats who are ruining Arlington with their special interest extravagances and vanity projects.

Anonymous said...

Merry Christmas A.Y.

Anonymous said...

Alot!!!!!!