[4plexowner]

unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency

what we have created is an unsustainable system and we may have reached the system’s limits

in the good old days, grandma wasn’t on 6 prescription medications costing several hundred dollars per month – now that we’ve created a system where grandma IS on those meds, what do we do when we can no longer afford them? “Sorry, grandma – you’re toast” doesn’t go over very well in the media

and not only do we have grandma on 6 meds we have created an entitlement society where there is a general expectation that grandma’s meds will be paid for one way or another

and not only do we have an entitlement mentality, our citizens are so economically illiterate that they believe just printing more money will solve every problem

damn this is depressing …

[4plexowner]

unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency

what we have created is an unsustainable system and we may have reached the system’s limits

in the good old days, grandma wasn’t on 6 prescription medications costing several hundred dollars per month – now that we’ve created a system where grandma IS on those meds, what do we do when we can no longer afford them? “Sorry, grandma – you’re toast” doesn’t go over very well in the media

and not only do we have grandma on 6 meds we have created an entitlement society where there is a general expectation that grandma’s meds will be paid for one way or another

and not only do we have an entitlement mentality, our citizens are so economically illiterate that they believe just printing more money will solve every problem

damn this is depressing …

[4plexowner]

unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency

what we have created is an unsustainable system and we may have reached the system’s limits

in the good old days, grandma wasn’t on 6 prescription medications costing several hundred dollars per month – now that we’ve created a system where grandma IS on those meds, what do we do when we can no longer afford them? “Sorry, grandma – you’re toast” doesn’t go over very well in the media

and not only do we have grandma on 6 meds we have created an entitlement society where there is a general expectation that grandma’s meds will be paid for one way or another

and not only do we have an entitlement mentality, our citizens are so economically illiterate that they believe just printing more money will solve every problem

damn this is depressing …

[4plexowner]

unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency

what we have created is an unsustainable system and we may have reached the system’s limits

in the good old days, grandma wasn’t on 6 prescription medications costing several hundred dollars per month – now that we’ve created a system where grandma IS on those meds, what do we do when we can no longer afford them? “Sorry, grandma – you’re toast” doesn’t go over very well in the media

and not only do we have grandma on 6 meds we have created an entitlement society where there is a general expectation that grandma’s meds will be paid for one way or another

and not only do we have an entitlement mentality, our citizens are so economically illiterate that they believe just printing more money will solve every problem

damn this is depressing …

[4plexowner]

unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency

what we have created is an unsustainable system and we may have reached the system’s limits

in the good old days, grandma wasn’t on 6 prescription medications costing several hundred dollars per month – now that we’ve created a system where grandma IS on those meds, what do we do when we can no longer afford them? “Sorry, grandma – you’re toast” doesn’t go over very well in the media

and not only do we have grandma on 6 meds we have created an entitlement society where there is a general expectation that grandma’s meds will be paid for one way or another

and not only do we have an entitlement mentality, our citizens are so economically illiterate that they believe just printing more money will solve every problem

damn this is depressing …

[4plexowner]

A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasure. A. Tyler

If I understand correctly, our founding fathers did not create a democracy, they created a republic where the only people who could vote were property owners

I believe democracy is workable IF the vote is limited to stake-holders – once non-stake-holders are allowed to vote, Mr. Tyler’s quote above becomes true

Not sure how to define ‘stake-holder’ in today’s society – much easier to define who is NOT a stake-holder but I don’t want to get the bleeding-heart liberals spun up

[4plexowner]

A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasure. A. Tyler

If I understand correctly, our founding fathers did not create a democracy, they created a republic where the only people who could vote were property owners

I believe democracy is workable IF the vote is limited to stake-holders – once non-stake-holders are allowed to vote, Mr. Tyler’s quote above becomes true

Not sure how to define ‘stake-holder’ in today’s society – much easier to define who is NOT a stake-holder but I don’t want to get the bleeding-heart liberals spun up

[4plexowner]

A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasure. A. Tyler

If I understand correctly, our founding fathers did not create a democracy, they created a republic where the only people who could vote were property owners

I believe democracy is workable IF the vote is limited to stake-holders – once non-stake-holders are allowed to vote, Mr. Tyler’s quote above becomes true

Not sure how to define ‘stake-holder’ in today’s society – much easier to define who is NOT a stake-holder but I don’t want to get the bleeding-heart liberals spun up

[4plexowner]

A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasure. A. Tyler

If I understand correctly, our founding fathers did not create a democracy, they created a republic where the only people who could vote were property owners

I believe democracy is workable IF the vote is limited to stake-holders – once non-stake-holders are allowed to vote, Mr. Tyler’s quote above becomes true

Not sure how to define ‘stake-holder’ in today’s society – much easier to define who is NOT a stake-holder but I don’t want to get the bleeding-heart liberals spun up

[4plexowner]

A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasure. A. Tyler

If I understand correctly, our founding fathers did not create a democracy, they created a republic where the only people who could vote were property owners

I believe democracy is workable IF the vote is limited to stake-holders – once non-stake-holders are allowed to vote, Mr. Tyler’s quote above becomes true

Not sure how to define ‘stake-holder’ in today’s society – much easier to define who is NOT a stake-holder but I don’t want to get the bleeding-heart liberals spun up

[4plexowner]

that’s right folks, an ex-landlord (and maybe future landlord) is recommending changes to Prop 13 that will hurt landlords

fair is fair

and yes, I know that changes to Prop 13 and winged monkeys flying out of my butt have about the same odds of occurring

~

I was NOT suggesting that we change Prop 13 at this point, just that there are changes that could be made

IMO most cities, counties and states are flat broke and busted (face it folks, the system is broken!) – we’ve already had two cities go bankrupt (iirc) and CA will probably be the first state to declare bankruptcy [if you have $$$ in municipal or state bonds be careful!]

raising taxes and fees is not the answer to these fiscal woes but that is what will be attempted first

at some point Americans and their supposed leaders will have to live within their means (which means massive cuts to spending) but that day will be postponed as long as possible

[4plexowner]

that’s right folks, an ex-landlord (and maybe future landlord) is recommending changes to Prop 13 that will hurt landlords

fair is fair

and yes, I know that changes to Prop 13 and winged monkeys flying out of my butt have about the same odds of occurring

~

I was NOT suggesting that we change Prop 13 at this point, just that there are changes that could be made

IMO most cities, counties and states are flat broke and busted (face it folks, the system is broken!) – we’ve already had two cities go bankrupt (iirc) and CA will probably be the first state to declare bankruptcy [if you have $$$ in municipal or state bonds be careful!]

raising taxes and fees is not the answer to these fiscal woes but that is what will be attempted first

at some point Americans and their supposed leaders will have to live within their means (which means massive cuts to spending) but that day will be postponed as long as possible

[4plexowner]

that’s right folks, an ex-landlord (and maybe future landlord) is recommending changes to Prop 13 that will hurt landlords

fair is fair

and yes, I know that changes to Prop 13 and winged monkeys flying out of my butt have about the same odds of occurring

~

I was NOT suggesting that we change Prop 13 at this point, just that there are changes that could be made

IMO most cities, counties and states are flat broke and busted (face it folks, the system is broken!) – we’ve already had two cities go bankrupt (iirc) and CA will probably be the first state to declare bankruptcy [if you have $$$ in municipal or state bonds be careful!]

raising taxes and fees is not the answer to these fiscal woes but that is what will be attempted first

at some point Americans and their supposed leaders will have to live within their means (which means massive cuts to spending) but that day will be postponed as long as possible

[4plexowner]

that’s right folks, an ex-landlord (and maybe future landlord) is recommending changes to Prop 13 that will hurt landlords

fair is fair

and yes, I know that changes to Prop 13 and winged monkeys flying out of my butt have about the same odds of occurring

~

I was NOT suggesting that we change Prop 13 at this point, just that there are changes that could be made

IMO most cities, counties and states are flat broke and busted (face it folks, the system is broken!) – we’ve already had two cities go bankrupt (iirc) and CA will probably be the first state to declare bankruptcy [if you have $$$ in municipal or state bonds be careful!]

raising taxes and fees is not the answer to these fiscal woes but that is what will be attempted first

at some point Americans and their supposed leaders will have to live within their means (which means massive cuts to spending) but that day will be postponed as long as possible

[4plexowner]

that’s right folks, an ex-landlord (and maybe future landlord) is recommending changes to Prop 13 that will hurt landlords

fair is fair

and yes, I know that changes to Prop 13 and winged monkeys flying out of my butt have about the same odds of occurring

~

I was NOT suggesting that we change Prop 13 at this point, just that there are changes that could be made

IMO most cities, counties and states are flat broke and busted (face it folks, the system is broken!) – we’ve already had two cities go bankrupt (iirc) and CA will probably be the first state to declare bankruptcy [if you have $$$ in municipal or state bonds be careful!]

raising taxes and fees is not the answer to these fiscal woes but that is what will be attempted first

at some point Americans and their supposed leaders will have to live within their means (which means massive cuts to spending) but that day will be postponed as long as possible

[Author]

Posts