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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (39721)10/17/2003 1:26:48 PM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
We'd have a constitution before we sold the citizenships

Oh rats! Those pesky constitutions do have a way of getting in the way and spoiling all the fun. Back in 1980 here in Alaska, there was a popular homestead initiative to essentially give away all state land to the residents. We're talking about 1/3 of the state or so, probably more acreage than all of New Zealand.

Then some smart-ass eastern lawyer found an obscure clause in the state constitution that blocked it. Something to the effect that state resources were to be used for the benefit of both present and future generations, which made it illegal for the current generation to rob and loot the state treasury like a modern corporate CEO. Obviously inserted by liberal communist infiltrators at the original constitutional convention. So now the state is stuck with a bunch of useless world-class parks full of animals running around wild in breathtaking scenery. What a lost opportunity!

Anyway, the Israelis would probably be outbid for NZ by the Chinese, who are busy accumulating fleets of Tonka Trucks full of faith-based U$D.