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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (567690)5/23/2010 2:46:21 PM
From: Brumar89  Read Replies (1) of 1576573
 
Maybe you haven't noticed but this great recession saw a crash in oil and natural gas prices. Take a look at the chart of UNG:

bigcharts.marketwatch.com

........housing never boomed like it did in the other states

Sure it did and so did construction, it's just housing prices didn't go to bubble levels as in many places. Freer land use and zoning policies helped to hold down housing prices so they didn't reach the insane levels seen in many places. Good business climate and less government limitations on housing and land use seem to go hand in hand.

TX grows mostly by snagging industry from other states.

You mean refugees flee oppressive business climates? Sure. Is that the main source of growth? I don't think so.

Its true that Houston has the oil industry and liberal, smart city Austin

Make that stupid Austin.

look at how Halliburton picked up its corp. headquarters from Houston and moved it to Dubai. Low taxes coupled with a growing population that ain't all that rich has a way of catching up with a state. Just sayin'.

If you're just saying HAL moved its HQ to Dubai to escape TX low state taxes ... well, go ahead and say it, it't nonsense that anyone will recognize. BTW HAL is still run from Houston regardless of where its corporate HQ are legally.

I bet CJ can tell us more on that subject.

CJ could tell you a bunch of stuff he just made up. He's good at that.

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