Get money out of pol­i­tics first

The Washington Post - - POWER POST -

Re­gard­ing Walter Ry­beck’s ex­cel­lent Nov. 26 Lo­cal Opin­ions es­say, “Metro can re­cap­ture some of the value it cre­ates”:

When a Metro sta­tion is built, lo­cal real es­tate val­ues rise dra­mat­i­cally and the pri­vate sec­tor gets a sig­nif­i­cant fi­nan­cial ben­e­fit. But real es­tate de­vel­op­ers are a pri­mary source of cam­paign con­tri­bu­tions for lo­cal elec­tions, and they have op­posed this con­cept for years.

Un­til we get money out of lo­cal (all, re­ally) pol­i­tics, re­cap­tur­ing th­ese val­ues will not be pos­si­ble. Mr. Ry­beck iden­ti­fied a real fund­ing source for the Wash­ing­ton Metropoli­tan Area Tran­sit Au­thor­ity that could solve a lot of Metro’s prob­lems, and it makes a lot of sense. But the po­lit­i­cal re­al­ity is that it may never hap­pen. Tim Gille­spie, Chevy Chase

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