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Type: Posts; User: Locke09

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  1. Castle Doctrine does not cover you in a house...

    Castle Doctrine does not cover you in a house behind a closed/locked door and the person is on the outside. If you are also outside, then Castle doctrine does not require you to retreat into your...
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    Perhaps I commissioned the study, because they...

    Perhaps I commissioned the study, because they make some of the same points I and others who have actually analyzed the data in all the reports make. And they come to the same general conclusion that...
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    Yeah. All you have to do is use google to know...

    Yeah. All you have to do is use google to know that the issue is not being ignored.
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    http://www.riverfronttimes.com/2011-06-09/news/kno...

    http://www.riverfronttimes.com/2011-06-09/news/knockout-king-elex-murphy-hoang-nguyen-dutchtown-murder/6/

    A lengthy and rather chilling article from 2011 [[St. Louis). It analyzes what was then...
  5. Replies
    137
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    63,089

    I certainly respect your right to disagree and...

    I certainly respect your right to disagree and you express very well why you disagree. But a couple of the premises, upon which you base your arguments, are faulty.

    First, Jackson and Sharpton...
  6. If someone says that people are "attaching their...

    If someone says that people are "attaching their wagon to this because an 'EVIL WHITE MAN' was involved", you say they are simply speaking truth to power and not race-baiting. Out of curiosity, do...
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    That's a disturbing sentiment. This behavior is...

    That's a disturbing sentiment. This behavior is reprehensible but it shouldn't have anything to do with eliminating social injustice. You see, "justice" requires that you treat each individual the...
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    Broke is not when your debts exceed your assets....

    Broke is not when your debts exceed your assets. It is when your debt payments exceed your income [[revenue) and assets. Detroit is not there, although I fully expect the bankruptcy to be approved.
    ...
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    That's interesting. Just out of curiosity, what...

    That's interesting. Just out of curiosity, what do you make then of the pro-Duggan commercials accusing Napoleon of being responsible for the failed jail project and the new one I just looked at less...
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    Municipal bankruptcy law is not written to...

    Municipal bankruptcy law is not written to trample upon state's rights. That's why Chapter 9 bankruptcy law does not allow the judge to determine what Detroit's plan is. The judge can only approve or...
  11. Thread: Shame on us

    by Locke09
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    4,275

    You couldn't blame someone for approving a...

    You couldn't blame someone for approving a 30-year bond in 1973. Maybe even 1994. But in 2009? The economy was in dire straits and there were already predictions for a continuing decline of...
  12. Thread: Shame on us

    by Locke09
    Replies
    7
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    4,275

    I agree with you. But why worry when you can just...

    I agree with you. But why worry when you can just file bankruptcy and relieve yourself of the taxes and other financial burdens that you and your elected officials approved?
  13. No it wasn't. The original deal was for a 90 year...

    No it wasn't. The original deal was for a 90 year lease. After the first 30 years, the City would have the right to terminate the lease, otherwise it would automatically renew for 30 more years. Same...
  14. I've done Angel's Night patrols before, without...

    I've done Angel's Night patrols before, without police protection. It is well known that all those flashing lights riding around on top of vehicles makes those three nights the safest nights of the...
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    It's unfair to lay it at his feet because he did...

    It's unfair to lay it at his feet because he did all the things you are supposed to do when your expenditures exceed your revenue: cut costs [[including services if necessary), increased revenue [[one...
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    I'm almost proud of the Freep for finally...

    I'm almost proud of the Freep for finally printing something more thorough and balanced than anything the papers have printed in a long time. They didn't just speak to a wide variety of people; they...
  17. It doesn't have to be and isn't supposed to be...

    It doesn't have to be and isn't supposed to be all of one thing or another. the investments are to be diversified. If they make local investments you would expect them to evaluate those investments...
  18. Local control of Pensions is better for the same...

    Local control of Pensions is better for the same reason that states rail against the federal government about returning tax revenue to the states.

    Detroit's pension funds have been used to...
  19. Per the State of Michigan's last CAFR (2012),...

    Per the State of Michigan's last CAFR [[2012), MSERS is funded at 65.5% as of Sept. 30, 2011. Over the past 5 years, they received an annualized rate of return of 1.5%. [[Pause for laughter!)

    Okay,...
  20. I have expressed my views about vows at length...

    I have expressed my views about vows at length and they do not boil down to creation of a moral universe where scapegoats are needed. I haven't created any scapegoats and don't need to, since I'm not...
  21. I have already stated on previous threads that I...

    I have already stated on previous threads that I don't think it's okay to stiff anyone. I try to be consistent. This thread is about the pensions.
  22. Oh let's not talk morality. Bankruptcy has...

    Oh let's not talk morality. Bankruptcy has nothing to do with morality. I argue that it is immoral to make a vow to retirees and not keep it. I am considered naive - at best - because of that....
  23. Come on, critical thinking. Detroit wasn't...

    Come on, critical thinking.

    Detroit wasn't established 30 years ago and the annuity accounts weren't established 30 years ago. They precede Zajac and Zajac reaps no benefits from them. So no, we...
  24. The trustees have done nothing illegal or odd in...

    The trustees have done nothing illegal or odd in respect to the issues raised by these recent articles. Their job is to administer the funds in accordance with the City Charter, negotiated...
  25. I respect your critique of the specific arguments...

    I respect your critique of the specific arguments I made. Some offering annuity savings will say just that, "If I am giving you a minimum guarantee, then the excess is mine." Others will say, "The...
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