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Fairfax County Rainy Day Fund....
Posted by: Kiev ()
Date: March 28, 2008 01:00PM

FAIRFAX, Va. - How bad is the economic situation in Fairfax County? That question is at the center of a debate of whether the county should tap its $100 million rainy day fund.


Connolly wants the county to buy foreclosed homes and resell them at lower prices as "work force" housing, The Examiner reports.

http://wtop.com/?nid=722&sid=1374412

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Re: Fairfax County Rainy Day Fund....
Posted by: TheMeeper ()
Date: March 28, 2008 02:15PM

I think the mere idea of a "rainy day fund" is ridiculous. If the goverment doesn't have a plan, or a need, to spend money, it should NOT be collecting it as taxes. Period. If there's an occassional budget surplus, fine, roll it into next fiscal year. But, there is absolutely no reason whatsoever to leave $100 million sitting around waiting to be appropriated. It's a rip-off for taxpayers and is just an excuse for wasteful and unneeded spending.

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Re: Fairfax County Rainy Day Fund....
Posted by: nLh7X ()
Date: March 28, 2008 02:21PM

i think the idea of buying foreclosed properties is retarded

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Re: Fairfax County Rainy Day Fund....
Posted by: KeepOnTruckin ()
Date: March 30, 2008 08:33AM

how about they spend it on improving the infrastructure- extend metro, widen interstates, more interchanges. After all, more people will want to live here if its easy to get around

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Re: Fairfax County Rainy Day Fund....
Posted by: Gravis ()
Date: March 30, 2008 11:11AM

TheMeeper Wrote:
-------------------------------------------------------
> I think the mere idea of a "rainy day fund" is
> ridiculous. If the goverment doesn't have a plan,
> or a need, to spend money, it should NOT be
> collecting it as taxes. Period. If there's an
> occassional budget surplus, fine, roll it into
> next fiscal year. But, there is absolutely no
> reason whatsoever to leave $100 million sitting
> around waiting to be appropriated. It's a rip-off
> for taxpayers and is just an excuse for wasteful
> and unneeded spending.


+1


"the wisdom of the wise will perish, the intelligence of the intelligent will vanish."095042938540

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no wait...
Posted by: Gravis ()
Date: March 30, 2008 11:11AM

+100 million


"the wisdom of the wise will perish, the intelligence of the intelligent will vanish."095042938540

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Re: Fairfax County Rainy Day Fund....
Posted by: gerrythedrunk ()
Date: April 02, 2008 11:17PM

buy foreclosed homes? simple hook up my real estate buddies who contributed to my election campaign. wag the dog, bitches-pass the devil springs vodka Hick!

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Re: Fairfax County Rainy Day Fund....
Posted by: TheMeeper ()
Date: May 20, 2008 10:33AM

More news on this ridiculous idea for FFX county to buy up foreclosed homes...

http://www.washingtonpost.com/wp-dyn/content/article/2008/05/19/AR2008051902513.html


They now officially dub this as the "Silver Lining Program", and they think it will become a model for other jurisdictions. Evidently Prince William is considering a similar plan.

Sounds like a bunch of horseshit to me. If they wanna play "real estate agent" they should resign and pay the 179 bucks to pass the test and get a license.

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