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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (71960)2/12/2007 10:57:12 AM
From: BonefishRead Replies (1) | Respond to of 306849
 
'Maybe the Greenspan-Clinton-Bush hyperinflation will backfire by transferring power (tax dollars) from the Feds to the States. Not that the States don't do an equally good job wasting it.'

Local governments are the worst.



To: ChanceIs who wrote (71960)2/12/2007 3:03:39 PM
From: Mike JohnstonRead Replies (1) | Respond to of 306849
 
Maybe the Greenspan-Clinton-Bush hyperinflation will backfire by transferring power (tax dollars) from the Feds to the States. Not that the States don't do an equally good job wasting it.

But as some tax dollars are transferred to the States, those are dollars that have been cheapened by the printing presses in D.C. so i doubt it.

And those dollars can get even cheaper, it is up to the Feds, so they have all the power.


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