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WE Don't Wanna Pay, Make THEM Pay

 

Two California towns, Rio Vista and Vallejo, have said they may need to disincorporate to address financial difficulties; Vallejo filed for bankruptcy protection last year. Civic leaders in Mountain View, Colo., have alerted residents that they are left with few options but to disincorporate because the town can't afford to salaries and services.

 

Dissolving a town government shifts responsibility for providing services to the county or state. Long-term commitments such as pension liabilities and day-to-day services such as sewage and water can be folded into services run by the county.

 

Rio Vista says disincorporating would eliminate 38 jobs and shift its sewer services to the county. Vallejo says disincorporating would end public-safety-employee contracts, which city leaders blame for pushing the city into bankruptcy.

 

But in California and many other states, the county or state must approve such a move. Most counties are ailing as badly as cities, and are unlikely to readily approve a disincorporation.

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G-175 Nations Convene To Discuss How Things Can't Possibly Be Any Worse

 

"We have gathered here this evening to address the utter hopelessness we all face," said Bangladeshi prime minister Sheikh Hasina, who presided over the four-day conference. "Whether stricken by crippling inflation, devastating war, or horrific spells of famine, it is time for us to come together as one and agree that pretty much everything is in the toilet."

 

A series of seminars, including "Coping With Being Ignored By The U.N.," "The Welcome Respite Of Impending Death," and "At Least We Haven't Been Swallowed Whole By The Earth Yet," provided frantic world leaders with some unviable solutions.

 

Representatives from nations lacking in the most basic of daily amenities found hope Friday when a motion to steal soap, shampoo, and hand towels from their hotel rooms was successfully ratified.

 

 

:lol: :ph34r: :lol: :ph34r: :lol: :ph34r: :lol: :ph34r: :lol: :ph34r: :lol: :ph34r: :lol: :ph34r: :lol: :ph34r:

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confidence is up up up up up

 

stocks are up up up up up

 

and why not?

 

gasoline is cheap and plentiful

 

home prices have bottomed and they not makin' any more get in now don't miss out hurry!

 

and we've created or saved :rolleyes: millions of jobs, good high-paying jobs, with security and generous guaranteed inflation-indexed defined-benefit pension plans with full health benefits including happy ending massages for an active and fun golden reamtirement

 

bottom line, consumers are flush with cash and ready to spend spend spend

 

most shopping malls are extending hours to handle the rush of eager buyers

 

charitable contributions are skyrocketing

 

the federal budget is almost balanced and will soon show a surplus

 

state coffers are overflowing with tax receipts plus additional voluntary contributions from delighted citizens whose expectations for government services have been far exceeded yet again

 

peace, harmony, democracy and tolerance for all has finally prevailed in the Middle East

 

it's all so good

 

gotta dong me sum that GooooooooooooooooooooooooooooooooG !

:lol:

:lol:

:lol:

:lol:

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Scoping it down the Mclaren way:

"The next important time window is 90 calendar days from low around the 5th of June. If the index doesn’t get any legs down it is very likely the index would move sideways into that time window and bring in an important high after a 30 day period of distribution. If the index doesn’t trend down from here but moves on the side into the first week in June that could be the end of the move up and with 30 days of distribution would represent a very bearish picture." http://www.mclarenreport.net.au/articles/a...ROPE/Page1.html

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How accurate is your Guru? :rolleyes:

 

post-1110-1243373056_thumb.jpg

 

http://www.cxoadvisory.com/gurus/

 

= Net Net 47.6% correct.

 

That's worse than a monkey randomly pressing an UP / DOWN button. :lol:

 

Suddenly I feel even happier to be a contrarian.

 

And feel somewhat vindicated, having called so many "investment professionals" morans over the years.

 

I'd like to draw the conclusion that equities research is, on net, a non-productive industry.

 

"Shut 'em down"

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= Net Net 47.6% correct.

 

That's worse than a monkey randomly pressing an UP / DOWN button. :lol:

 

Suddenly I feel even happier to be a contrarian.

 

And feel somewhat vindicated, having called so many "investment professionals" morans over the years.

 

I'd like to draw the conclusion that equities research is, on net, a non-productive industry.

 

"Shut 'em down"

 

I don't know how you could shut 'em down. Foos keep buying the fantasy of doubling their money every week or some such hogwash. Companies that advertise that way seem to stay around forever. Their spam ads fill up countless emails boxes to overflowing. Fantasy worlds sell like hotcakes. But reality-- well U couldn't get people to look at that if U paid them to.

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I don't know how you could shut 'em down. Foos keep buying the fantasy of doubling their money every week or some such hogwash. Companies that advertise that way seem to stay around forever. Their spam ads fill up countless emails boxes to overflowing. Fantasy worlds sell like hotcakes. But reality-- well U couldn't get people to look at that if U paid them to.

* I think it would be fun to run a loss making hotcake business.

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FRONT RUN THE REALITY

 

"Fantasy worlds sell like hotcakes. But reality-- well U couldn't get people to look at that if U paid them to."

 

 

Front running the reality - like predicting and profiting from the sub prime crash as Lahde and Paulson did - thats where the big money is made

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