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

To: Snowshoe who wrote (68967)	4/30/2008 7:13:11 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Only $1600 dividend? Good grief, those greedy bandits running your government must be feathering their own nests with luxury and laziness. I suppose it's free school, free hospitals, old age pension at 50. If the state-owned assets are $trillions, let's say 2 of them, then there should be annual income of at least 5% on those assets if they are managed properly. That would be $100 billion per year income for the state. Google tells me there are 670,000 people. Suppose it was a million [future generations and all that]. That would mean $100,000 per citizen in annual return on the assets. That is a LOT of money that the government gets to play with. You only get $1,700. Where is the other $98,000 each year? Heck, even with free medical care, free food, free schools, free old age from age 50, the government wouldn't be able to spend all that. It looks as though the politicians and their acolytes have got their hands on the loot. Alaskans should go for tradable citizenships. With so few of them, they'd be getting $2 trillion for 1 million of them [near enough] which would be $2 million each. That's real money for normal humans. Those who would like warmth, could sell their citizenship, move to San Diego or Bangalore and live happily ever after on the income from $2 million invested. Mqurice