Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (4011)	9/20/1998 7:34:00 PM
From: Lizzie Tudor	Read Replies (4) \| Respond to of 67261

bp, Unfortunately Im a little more familiar with the goings on in my state (Ca), and the affiliations of the dems vs. repubs here on these issues. But a couple examples, The repeal of the H1-B Visa quota law here was backed by the conservatives. This greatly increased the number of foreign workers available to us corporations, in essence bybassing the free mkt system in the US as it pertained to the salaries of technical workers. The conservatives support chip dumping laws wholeheartedly but not "people dumping" which is exactly what this was. Everybody in the US gets their salary dictated by the free mkt right, even baseball players, oh except technology workers - we need to keep those salaries down based on our view of what that skill is really worth? Also another law you may not be familiar with, Proposition 13 which is a very unfair law that locks Ca property taxes in at the basis of the cost of the house when it was purchased, starting in 1978 (when prop 13 was passed). This is without a doubt much of the problem with Ca real estate imo. It is blatant age discrimination because 50 yr olds that bought their house in 1980 now might pay $200/yr in property tax, but if I bought that same house I would pay $10000. The republicans back the law because it "keeps the neighborhoods consistent" or some silly quote like that. Whose business is it of theirs. Everyone should have to pay taxes on what the house is worth period. Thats what the dems think and the libertarians but the repubs are in bed with the landlords etc