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Do You Live In A Death Spiral State?


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2012 Nov 30, 5:40am   2,595 views  7 comments

by tclement   ➕follow (0)   💰tip   ignore  

http://www.forbes.com/sites/baldwin/2012/11/25/do-you-live-in-a-death-spiral-state/?source=Patrick.net

Thinking about buying a house? Or a municipal bond? Be careful where you put your capital. Dont put it in a state at high risk of a fiscal tailspin. Eleven states make our list of danger spots for investors. They can look forward to a rising tax burden, deteriorating state finances and an exodus of employers. The list includes California, New York, Illinois and Ohio, along with some smaller states like New Mexico and Hawaii. If your career takes you to Los Angeles or Chicago, dont buy a house. Rent. If you have money in municipal bonds, clean up the...

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1   FortWayne   2012 Nov 30, 7:09am  

I live in CA and I tell you... feels like it's ready to blow up. Fundamentals look really awful and just a whole lot of pretend going on around.

2   Peter P   2012 Nov 30, 7:53am  

The whole world is on a death spiral. What do you do?

3   rooemoore   2012 Nov 30, 8:06am  

FortWayne says

I live in CA and I tell you... feels like it's ready to blow up. Fundamentals look really awful and just a whole lot of pretend going on around.

It may feel that way to you, but you may be wrong. My brother-in-laws father chose to invest in NYC real estate in 1977. Everyone was predicting doomsday scenarios and many sold prime real estate too low. Suckers.

http://www.nypost.com/p/news/regional/item_Kf4IOWuTUCKL410oPa6O0I

4   Ceffer   2012 Nov 30, 8:16am  

Wall off Central L.A. Declare a general amnesty for all California prisons and empty them out, turn them into parks and museums. Allow welfare recipients to live in Central L.A. only. Anybody who wants welfare benfits has to live there.

Barcode the prisoners forehead and apply a florescent tatoo between their eyes in the shape of a target.

Release them in Central L.A., tell them everything is legal, but if they leave, there is a 5000 dollar bounty for anybody who kills them on sight, with an extra 1000 if they hit the florescent target.

Courts will have the option for the convicted of allowing them to be barcoded and tatooed and released into Central L.A., or move to Texas.

Elect Snake Pliskin governer.

5   Peter P   2012 Nov 30, 8:31am  

Ceffer says

Barcode the prisoners forehead

Barcode or QR code?

6   Ceffer   2012 Nov 30, 8:44am  

Peter P says

Ceffer says

Barcode the prisoners forehead

Barcode or QR code?

Whatever looks most attractive with the tear drop tatoos.

7   Peter P   2012 Nov 30, 8:48am  

Make sure the code that means 666 is skipped. We don't want to create The Beast.

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