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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (73107)	3/29/2010 8:49:14 PM
From: Maurice Winn	1 Recommendation Read Replies (1) of 74559

Now you have the hang of it Snowshoe. I have often thought that governments should be enormous profit centres given the assets they own [and I don't mean by assets "human serfs"]. If I ran the government taxes would be a thing of the past and profits would be gushing like Spindletop and Tradable Citizenships would be soaring in value and price. I have never advocated giving away public assets. Anything should be sold for what the market will bear and I don't mean on the day no matter who shows up at the auction. I mean the long-run price "what the market will bear" with a discount factor included to value the present at the right ratio to the future. Look at roads for example. Good grief, what a gusher of cash is going to waste there with huge traffic jams causing cursing and road rage. In Mqurice's system, traffic would be free-flowing always and cash would be flowing even faster. Spectrum, rivers, air quality, parks and all sorts are public assets which should be earning their keep, not simply grabbed for private benefit. Some things could be free, where the cost of collection exceeds the value of the asset such as many parks and beaches and many quiet roads. But others should have seriously high charges to avoid congestion and allocate the resources to those who are most willing to pay. After raising the price of the assets to being as efficient as a government can achieve and as profitable as possible, then it would be time to sell the shares, or at least a good chunk of them - say 51% so that the control goes to the buyers who can then ignore the kleptocrats and do things even better to increase profits further. I notice the wonderful things you mentioned didn't include "health", dole-bludging, and so-called "education" nor the great advantage of having hordes of kleptocrats sitting around all day coming up with wacky counterproductive ideas and ideology such as the Ministry of Women's Affairs. Men are expected to arrange their own affairs and women should too. Mqurice

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