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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (462329)	12/28/2011 3:05:10 AM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 794365

Putting a price on things is always fun and subject to an infinite array of variables which can be discovered only by market determination. < If every one of them is suddenly the owner of something worth, let's say, $3 million, then the capitalization of all USA citizenships is one heck of a big number. Wonderful. I'll tell all my neighbors that they are far richer than anyone has ever dreamed before. > I wouldn't suggest the USA is worth $3 million per citizen now. It is more like $1 million or maybe $2 million at best. Communism is a terrible debilitator of value and that applies whether the word is used or not if the facts are actually reflective of communism, which is what we endure in the present manifestation of what passes for democracy which is really electorates disposing of opm to the glory of the state and the swarms of hangers-on. Property owned by the state rather than individuals is communism whether we call it that or not. Nearly total communism such as that of USSR and Mao's maelstrom are extreme versions, but half communist is quite bad too as everyone is finding out now. The reason such massive Mexican invasion is allowed is because few people realize just how much value is being given away with nothing in return. I would buy your citizenship <Simple question -- if you or I want to sell our respective citizenships, Who will pay? This is an important question, since if there is a shortage of buyers, the price may drop very low. > Swarms of people would love to be able to buy such an asset likely to return a large capital gain and which would pay dividends as well. It's amusing how so many people talk their countries up in general, but then when valuing it, put a very low, almost derisory price on it. Suppose some country had a citizenship price of $1 million by market value. That would mean a buyer would need to be able to return something like $30,000 per year to justify the investment. That would be a 3% return on investment, which is about right for such a secure investment as ownership in a country. Even an investment in such a rotten thing as a fiat fantasy currency returns barely that much these days. It's not much of country which couldn't return better than 3% on the citizenship price. People invest in such a useless thing as gold and expect nothing more than holding its own against inflationary trends. A truly democratic country of Tradable Citizenships would be very reliable as a very long term investment. Existing citizens of a really good one such as Greece could be could make a handsome profit from selling citizenships to newcomers - 50,000 new ones per year at $1 million would mean dividends of $50 billion per year available to existing shareholders. Obviously there could not be dilution as that would make it no better than a fiat currency being diluted to destruction. Since citizens would not benefit from such excessive dilution, they would not vote for it. There would be an optimum dilution for each country to maintain a sustainable income. Once all countries are more or less in balance, there would be no gains by selling new ones because everyone would already own what they want. Once people see the gains by a few countries, they would demand to do the same in their countries. Democracy spread somewhat like that. But democracy as we know it is not The End of History as Fukuyama claimed, it's just a half-way house from the bad old days. If you think lots of poor is the way to go, there are 1 billion people who would be pleased to move in <I have no objections against admitting multi millionaires, but historically we did quite well with most immigrants being relatively poor. > Open the doors and see how well you go. It's interesting how people who think of themselves as freedom loving private property fan club members are really closet communists. They like being state chattels and not owning the state. It looks like a form of Stockholm Syndrome. Mqurice