The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (256944)	6/26/2010 2:51:30 PM
From: koan	Read Replies (2) of 306849

Yes, Alaska is the sanctuary. One of the few with no money problems. I was part of a bunch of young turks in the 70's that took control of the legislature briefly and organized the state according to modern social ideas. The most important of which was the fight to put 25% of all state natural resouces money (oil mainly, but everything) into a permanent fund for the kids. It was a hell of a fight. Today we have over 40 billion in our permanent fund which is organized almost perfectly e.g. can't touch the principle without a 3/4 vote (will never happen), we inflation proof it every year, can't invest in state so the criminals can't get their hands on it and it is very diversified. So we have plenty of money for our schools and other social needs and little crime. And no state taxes at all. And lots of good jobs. I live in the middle of a populated area and have not locked my door in 25 years.

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