Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (31797)	4/18/2003 2:25:37 AM
From: Raymond Duray	Read Replies (1) of 74559

Hi Jay, The mayor of my old home town in Illinois is faced with a dying manufacturing base in our town of 25,000. So what is his solution? He's recently decided to attempt to float a $52 MM bond measure to upgrade the city's water, sewer and road systems. When my Dad told me this last night, I nearly dropped the phone. This was the same mayor who attempted to get a bond measure of $7 MM passed two years ago (when life was relatively better) for a new library to replace the one built with a Carnegie Trust grant in 1914. That idea was stopped dead in its tracks by the rich folks in town who don't think it is appropriate for people who can't afford to have their own private library to suck off the teat of the rich. Just let me know when Hong Kong is going to create the tax base to create infrastructure projects. I'll let my friends at Bechtel, Fluor and Halliburton know about it. :)

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