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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (29749)2/22/2008 5:11:46 AM
From: TobagoJack  Respond to of 217588
 
they would do one in a city, and another one in another city

print the money to seed it

try the best at it, but private-led state enterprise fashion

see which one works out how

then roll out the successful model across 13 cities, and then across the land

figure out what went wrong with the deal gone bad

either try again or try different

all very scientific, systematic etc etc

the approach does not work for skydiving (try and try again, as there is no again)



To: energyplay who wrote (29749)2/22/2008 9:35:41 AM
From: 10K a day  Respond to of 217588
 
The one that creates the biggest govt bureaucracy is the obvious answer.



To: energyplay who wrote (29749)2/22/2008 11:39:35 AM
From: TobagoJack  Read Replies (2) | Respond to of 217588
 
e-mail log

note re. California:

""When California faced a Mount Everest-sized $14 billion deficit in 2003, one of the major causes for the red ink was the stampede of millionaire households from the state," says a report called "Rich States, Poor States" by economists Arthur Laffer and Stephen Moore. "Out of the 25,000 or so seven-figure-income families, more than 5,000 left in the early 2000s, and the loss of their tax payments accounted for about half the budget hole.""

there is an exodus from California to escape its high taxes.

worldnetdaily.com

On Thu, Feb 21, 2008 at 11:57 PM, Jay wrote:

soon enough it will be time for j6p of california to do away with Prop 13 and equalize property tax within the same neighborhoods regardless of who bought what when, and when so, folks who had faithfully resided in the same old neighborhood in the same old house will find it all of a sudden unaffordable on cash flow basis, leading to collapse of debt-economy nurished worth - count on 50% correction by nominal price, and a further 50% correction against gold, and a 20% illiquidity discount