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


To: TobagoJack who wrote (75552)6/23/2011 8:48:41 PM
From: Hawkmoon2 Recommendations  Read Replies (1) | Respond to of 217648
 
distributing national wealth" ... that very phrase sounds wrong

That's what government do.

The question for me is whether the government is gaining "fair rent", or "equivalent value" (jobs and economic development) for the assets under it's management and control.

Btw, as I understood it fromn those young HK gals, no one building a home can own the land in mainland China. They can lease it from the gov't for 70 years, and own the house, but not the land.

Isn't that an example of "distributing national wealth" to those who act to develop that land and improve it''s value (ultimately to the benefit of the gov't who could lay claim to any buildings on it's land when the lease terminates)?

And in the US, we grant drilling and mnining leases to exploit resources on public lands. And some states, like Alaska, put those royalties in a trust that benefits all the citizens of that state. That's redistribution of state-owned wealth, right?

Hawk



To: TobagoJack who wrote (75552)6/24/2011 1:09:37 AM
From: elmatador  Respond to of 217648
 
Democracy? Votes? Who needs power finance campaigns. Money pays to elect someone to make the political moves you want.

Poor people vote to grab a piece of national wealth.
Rich people finance the campaigns for those candidates the poor vote will for.