Over 90% of NY capital project financing comes through public authorities selling bonds. Bonds/debt aren’t inherently bad. Like all tools, it depends on how they’re used. Without bonds large scale public projects are literally impossible.
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My understanding is that RAD pays for the Blueprint. It seems to me this makes them part of the same overall plan? If we dont trust Russ, why would we trust him to implement a voluntary reduction in his power?
I don't think that's really accurate and I still think its logically inconsistent. RAD doesn't fund the Blueprint, the Blueprint and RAD are funded by the same federal source (rental assistance vouchers.) If we don't trust Russ, why would we trust him to keep his power?
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This stuff is *super super* complicated, and involves a lot of nuance, but as socialists...the individual focus on Russ is really weird to me. The question should be about what we want the public housing agency to look like now, and in the future, and the best way to get there is
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