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On 19/05/2011 2:13 PM, I_am_Tosk wrote:
In , says... On 19/05/2011 1:08 PM, Harryk wrote: 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. I might. Nice weather year around. No union-debt worshipers looking to screw you over on taxes. Which is really what it boils down to. Many cities have a byzantine ineffective local government full of pork and corruption. Instead of dealing with it, they jump up the taxes. No one trusts them any more, ther debt has become high risk low reward. Why would you lend to a city that is broke for maybe a 1% return? Even at 5%, too risky.Fact is they need to borrow at market rates which might top 15%. Heck, you can go to Panama, lend the low debt government money and the yield is 4.5%. Bottom line, they need to be forced to get their priorities right. Could be as simple as pass a 10% per year wage roll back on all civic jobs including union, pension and politicians until they are in line with federal laws on pollution. Then watch the civic chair mushrooms move. Be careful Canuk.. If you fall for Harrys trolls, and he gets scared you will have the police knocking at your door. This is typical of Progressives, to use the law to win arguments or votes they otherwise can't... Just sayin' the guy is a slime and has driven hundreds from this group over the years, at the same time he refuses to be accountable... So be careful, probably best to put him in the KF like so many others have here over the years... Fleabagger harry does not scare me one bit. If they come to the door and I doubt they will, I am going to suggest they haul down and entire copy of this forum for themselves, tell then I feal sorry for harry's insanity and imaginary fear... Trouble with harry, defumer and other types like them is they always smear others any time they are not out supporting their selfish greedy needs for socialist assistance and the leftie worship. You might want to expore having the cops get him for harassing YOU as you have the right to free speach, no mater what the fleabaggers here think. After all, we have all seen how he hounds you like a pit bull in the past. Harry can stuff it! Just yet another whiner fleabagger. -- Take a look at ANY country, more debt is more problems. So why do we allow our governments more debt? Selfishness, greed, denial, ignorance? |
#13
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posted to alt.great-lakes,misc.rural,rec.boats
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On 19/05/2011 2:06 PM, Harryk wrote:
Canuck57 wrote: On 19/05/2011 1:08 PM, Harryk wrote: 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. I might. Nice weather year around. No union-debt worshipers looking to screw you over on taxes. Which is really what it boils down to. Many cities have a byzantine ineffective local government full of pork and corruption. Instead of dealing with it, they jump up the taxes. No one trusts them any more, ther debt has become high risk low reward. Why would you lend to a city that is broke for maybe a 1% return? Even at 5%, too risky.Fact is they need to borrow at market rates which might top 15%. Heck, you can go to Panama, lend the low debt government money and the yield is 4.5%. Bottom line, they need to be forced to get their priorities right. Could be as simple as pass a 10% per year wage roll back on all civic jobs including union, pension and politicians until they are in line with federal laws on pollution. Then watch the civic chair mushrooms move. So, go. No one will miss you. We gathered you have no money to loan to others. Skint? -- Take a look at ANY country, more debt is more problems. So why do we allow our governments more debt? Selfishness, greed, denial, ignorance? |
#14
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posted to alt.great-lakes,misc.rural,rec.boats
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Canuck57 wrote:
On 19/05/2011 2:06 PM, Harryk wrote: Canuck57 wrote: On 19/05/2011 1:08 PM, Harryk wrote: 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. I might. Nice weather year around. No union-debt worshipers looking to screw you over on taxes. Which is really what it boils down to. Many cities have a byzantine ineffective local government full of pork and corruption. Instead of dealing with it, they jump up the taxes. No one trusts them any more, ther debt has become high risk low reward. Why would you lend to a city that is broke for maybe a 1% return? Even at 5%, too risky.Fact is they need to borrow at market rates which might top 15%. Heck, you can go to Panama, lend the low debt government money and the yield is 4.5%. Bottom line, they need to be forced to get their priorities right. Could be as simple as pass a 10% per year wage roll back on all civic jobs including union, pension and politicians until they are in line with federal laws on pollution. Then watch the civic chair mushrooms move. So, go. No one will miss you. We gathered you have no money to loan to others. Skint? You should take your brain to the garage and have your circuits tested. I neither said nor implied any such thing. When are you leaving for Central or South America? Might I suggest a sojourn in El Salvador? |
#15
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posted to alt.great-lakes,misc.rural,rec.boats
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"Harryk" wrote in message ...
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. Reply: They should have been collecting enough extra on the sewage bills to pay for the infrastructure. Our local sewage district collects enough extra to have a repair and replacement fund. |
#16
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posted to alt.great-lakes,misc.rural,rec.boats
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In article ,
Harryk wrote: Canuck57 wrote: On 18/05/2011 3:11 PM, LilAbner wrote: http://greatlakesecho.org/2011/05/13...gan-approaches -15-billion-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. The questions are, why are they in debt, and who got the money? My suspicion is that the investors got the money, and the citizens got the shaft. There are 3 credit rating firms to my knowledge, Moody's, S & P, and somebody else. These are the same firms that gave derivatives (toxic stocks) AAA ratings. Yeah, that's my guess. -- - Billy Mad dog Republicans to the right. Democratic spider webs to the left. True conservatives, and liberals not to be found anywhere in the phantasmagoria of the American political landscape. America is not broke. The country is awash in wealth and cash. It's just that it's not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich. http://theuptake.org/2011/03/05/michael-moore-the-big-lie-wisconsin-is-broke/ |
#17
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posted to alt.great-lakes,misc.rural,rec.boats
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![]() "Hairy Kraut" wrote in message ... In article , says... 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. Psssst, dumb ass..... Bonds are bought by investors, you idiot. I own some. Bonds do represent debt for the municipalities that issue them. The investors get paid with tax dollars. Ken |
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