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On 19/05/2011 4:57 AM, Harryk wrote:
Canuck57 wrote: On 18/05/2011 3:11 PM, LilAbner wrote: http://greatlakesecho.org/2011/05/13...llion-gallons/ Sounds like time to arrest some local officials. Pretty darned stupid to be dumping raw sewage these days. No excuses. -- Take a look at ANY country, more debt is more problems. So why do we allow our governments more debt? Selfishness, greed, denial, ignorance? State and municipal infrastructure improvements usually are paid for by the sale of bonds. Bonds mean more debt. So, you're against more debt except when you are not. Well, if they have some unchatteled quality land to secure it by, as I don't trust the welchers, and accept 20% I will lend. And if they default, I don't have to pay taxes on that land for 25 years making it worth something. Trouble is these governments are bankrupted with debt, having ignoring union, pension and corruption issues for too ong, and now thy dont want to pay for it. Well touch then, plug their pipes. Here is why real estate will be more expensive in Ecuador than in many places in the USA. The threat from extortionary taxes is much less in Ecuador than in the USA. Like third world countries, you often get tax limit guarantees to buy. USA needs to start doing this or average home prices might go below $100k. You don't just buy a house or a business, you also buy the liabilities that come with it. And frankly, 75% of the USA is crap to invest in fo this reason. -- Take a look at ANY country, more debt is more problems. So why do we allow our governments more debt? Selfishness, greed, denial, ignorance? |
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