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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: FreedomForAll who wrote (110087)12/22/2015 2:06:13 PM
From: Broken_Clock   of 110194
 
Not to worry. Hawaii will keep raising taxes until it collapses.

Funny story about Maui.

The grandson of the founder of CAT bought 2,500 acres in central Maui near I'o valley and legally drilled 7 wells to develop it into a state of the art "green belt" style community with plenty of affordable housing etc. Exactly what the "liberals" of Hawaii and everywhere else scream for.

A & B and the County of Maui have conspired to kill the development (it's been over 10 years in planning) in order to take the water away for an A & B project. The water alone is now worth $70,000,000.

The grandson told my buddy that they have developed all over the world and Maui is easily the worst place to do business he ever seen.
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