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Harris County Flood Control District Bond Program

Harris County Flood Control District Bond Program

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BusyMommy Active Indicator LED Icon 14
~ 5 years ago   Aug 24, '18 2:33pm  
I agree we should do something, I don't don't want to vote for a tax increase and then have things that don't do much. I feel like we don't have enough information.
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TEI Active Indicator LED Icon  New Member
~ 5 years ago   Aug 24, '18 7:40pm  
@BusyMommy : That was my first thought as well. This thing (bond) is over $2 BILLION ! You seriously want more debt nowadays?! Why use a majority of taxpayer $$ for those who can opt get flood insurance for relatively little $$ if they choose to live or remain in flood prone areas (like we do).
But the real culprit in my opinion has been the furious-paced, ever-expanding development in this region over the years with more & more concrete going down as the population grows. The entire water shed has been screwed up. So who's controlling that ? No one. Never has been much zoning in Texas - has it's pro's & con's; but too late now. In addition I do not want more federal funding with it's wasteful bureaucratic strings attached both here & in D.C.
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sandman Active Indicator LED Icon 16
~ 5 years ago   Aug 24, '18 7:50pm  
thanks for bringing this up...
 
I'd be definitively be voting NO on this monster-bond.
 
$2,000,000,000! Is that the right number of 0's?
 
Folks, bond money isn't free money... it has to be paid back... it has to be serviced thru the life of the bond.
 
That and the $600K+ Humble ISD bond really have me thinking about moving somewhere else.
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TEI Active Indicator LED Icon  New Member
~ 5 years ago   Aug 24, '18 10:40pm  
@sandman : Looks like right amount of zeroes to me.
No Sir - no free money. As we understand our Fed Reserve system, all banks must be approved by the feds. No more independent state or national banks (e.g. like in the movie "It's a Wonderful Life" - probably before your time).
As you know, when loans are created, digital entries are made at the lending institution for that amount, but NOT for the interest to be paid. Think about that for a moment. Every loan for vehicles, mortgages, credit, etc. are CREATED at the time of the loan (debt) by Federal Reserve "units" primarily in digital form out of thin air. When you "borrow" for example $1,000 at 3% for one year, they create the $1,000 amount in your bank account (digital entry); but they do NOT create the associated interest amount in the system, in this case $30. This little scheme has been going for decades including T-bills, bonds like this one, etc. etc.
So: someone is holding the bag for cumulative trillions. Care to guess who that is? Hint: it's NOT China.
(I am waiting to see what happens when we join other countries in going cashless i.e. paperless.)
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HumbleGirl Active Indicator LED Icon 15
~ 5 years ago   Aug 24, '18 10:57pm  
Voting yes in the morning.
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West-Tex Active Indicator LED Icon 13
~ 5 years ago   Aug 24, '18 11:11pm  
Harvey victims will be watching Saturday's Harris County flood bond vote
 
abc13.com/politics/h arvey-victims-keepin g-close-eye-on-flood -bond-vote/4045
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West-Tex Active Indicator LED Icon 13
~ 5 years ago   Aug 24, '18 11:12pm  
Harris County voters to vote on multi-billion dollar bond referendum 1 year after Hurricane Harvey
 
HOUSTON, Texas (KTRK) -- A year after Hurricane Harvey devastated our region, will Harris County voters get out and support a multi-billion dollar bond referendum?
 
FIND YOUR POLLING PLACE AND SEE A SAMPLE BALLOT
 
abc13.com/politics/f lood-bond-election-w hat-you-need-to-know -before-voting/
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Clydepuckett Active Indicator LED Icon 11
~ 5 years ago   Aug 24, '18 11:39pm  
Well, I guess this thread did draw more than flies......my bad again.....and that's awesome.
 
A lot of good posts here. @smokeybear captured my thoughts so I won't ramble. Great post sir.
 
Voting YES.......fish are biting.
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Clydepuckett Active Indicator LED Icon 11
~ 5 years ago   Aug 24, '18 11:40pm  
Well, I guess this thread did draw more than flies......my bad again.....and that's awesome.
 
A lot of good posts here. @smokeybear captured my thoughts so I won't ramble. Great post sir.
 
Voting YES.......fish are biting.
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Metro07 Active Indicator LED Icon 7
~ 5 years ago   Aug 25, '18 4:12am  
I feel like we don't have enough information.
 
@BusyMommy : We don't, that's why I voted No but it will probably pass.
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tflea Active Indicator LED Icon 10
~ 5 years ago   Aug 25, '18 7:07am  
bond money isn't free money.
 
@sandman : Amazing , we agree on something. Everyone seems to think that more money is the answer to everything.
 
From our HOA to the federal govt. - just give more money and all will be solved. Dark clouds are on the horizon, IMO.
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BusyMommy Active Indicator LED Icon 14
~ 5 years ago   Aug 25, '18 10:32am  
@Metro07 : It will pass.
They played it well.
Voting on the anniversary.
Manipulation at it's finest.
I just hope we actually benefit. The fact that they aren't using the majority of the money for buyouts makes me doubt a lot. There is only so much we can do to fight nature. Areas like Kingwood have been flooding for hundreds, if not thousands of years. Step one should be not building in areas that flood. Step two should be buyouts.
But that's just me. I tend to what to see results, not fancy things.
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Metro07 Active Indicator LED Icon 7
~ 5 years ago   Aug 25, '18 11:58am  
Voting on the anniversary.
 
@BusyMommy : That tells you everything you need to know about it.
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Smokeybear Active Indicator LED Icon 8 Forum Moderator
~ 5 years ago   Aug 25, '18 12:42pm  
Y'all are reading too much into this. Texas has four voting days, one each quarter excluding runoff and special elections. The next would be in November I voted yes, but if you feel this isn't right then please vote your conscience.
 
Remember if you don't vote you don't get to complain about it tomorrow
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EddyFree Active Indicator LED Icon 10
~ 5 years ago   Aug 25, '18 12:43pm  
I'm a NO....I think there's a lot of over-reacting considering the Historical situation and odds of it happening again...I don't think anything short of actually raising the entire elevation of the area will make much of a difference if another HISTORIC 27 TRILLION Gallons of water falls on us again....Not to mention the future ongoing "maintenance funding" that will be needed to maintain said projects as they age...
 
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