Canuck57 wrote:
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.


I had a feeling you wouldn't be able to link up your demand for a
solution to the sewage problem with your inability to understand why
such solution usually requires the municipality or state to take on debt
in the form of bonds.

You really do not know how things work.

Ecuador, eh? You should move there.