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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: energyplay who wrote (60847)2/8/2010 2:36:30 AM
From: koan1 Recommendation  Read Replies (3) of 217587
 
Prop 13 reduced revenue by 57% upon enactment. And that is when California's social system and educational system started downhill.

57% reduction and no way to make it up!

There is no defense for the damage prop 13 did to California.

It is a very stupid piece of legislation an sealed California's fate.
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