tag:blogger.com,1999:blog-1592992209402300549.post7952521981125615713..comments2024-03-28T08:06:43.198-04:00Comments on The Silicon Graybeard: News From The Granola StateSiGraybeardhttp://www.blogger.com/profile/00280583031339062059noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1592992209402300549.post-32726565790441343382011-09-09T02:47:20.267-04:002011-09-09T02:47:20.267-04:00Being a resident of the great PRC (Peoples Republi...Being a resident of the great PRC (Peoples Republic of California) I've refrained from investing in residential rental real estate. I've seen what the regulators have done to property rights.<br /><br />This is just a(n) (il)logical extension of that mentality. <br /><br />Nothing new here, move along.BS Footprinthttp://bsfootprint.comnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-78305817488502368862011-09-07T17:15:10.483-04:002011-09-07T17:15:10.483-04:00Xenocles, I'm with you except for one thing. ...Xenocles, I'm with you except for one thing. Remember the congresscritter (Conyers? for one) saying, "most of what we do up here is unconstitutional"? They don't care if it's unconstitutional: all they need is one more vote in the 9th circus court to rule in their favor, or one more vote in the Supremes. They'll make <b>us</b> pay to defend the constitution. <br /><br />And Tango Juliet - they won't need to turn out the lights. The lights will be going out on their own. <br /><br />BobG - pick up your free Internetz in the lobby on your way out - you win it for today.SiGraybeardhttps://www.blogger.com/profile/00280583031339062059noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-36880278324927184212011-09-07T16:37:57.745-04:002011-09-07T16:37:57.745-04:00“There is science, logic, reason; there is thought...“There is science, logic, reason; there is thought verified by experience. <br />And then there is California.”<br /> - Edward AbbeyBobGhttps://www.blogger.com/profile/15405172215849046373noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-54337423374989348252011-09-07T07:04:29.283-04:002011-09-07T07:04:29.283-04:00Absurd as it is, it really has no legs ("No S...Absurd as it is, it really has no legs ("No State shall... pass any... Law impairing the Obligation of Contracts"). It certainly serves as a marker on the sad state of affairs in our society.Xenoclesnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-25795941532158287122011-09-06T22:35:44.142-04:002011-09-06T22:35:44.142-04:00Nothing out of CA surprises me. Last one out turn...Nothing out of CA surprises me. Last one out turn out the lights.Tango Juliethttps://www.blogger.com/profile/07593296126387219845noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-76872938786086112702011-09-06T21:26:42.271-04:002011-09-06T21:26:42.271-04:00You never had property tax before? I'm having...You never had property tax before? I'm having a hard time with that concept. <br /><br />We don't have a state income tax, which may be the same sort of foreign concept for you, so all state revenue is sales and property tax. Property tax is one of the problems with that California proposal:<br /><br /><i>"Adjusting loan amounts would cost local governments billions of dollars in lost revenue from property taxes and other assessments, DOJ noted.<br /><br />Potential state costs are “up to the low billions of dollars annually” because constitutional provisions require the treasury to replace the loss of property tax revenue to cities and counties."</i><br /><br />Any way they can, they extract their pound of flesh.SiGraybeardhttps://www.blogger.com/profile/00280583031339062059noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-41782497697660090092011-09-06T21:11:10.675-04:002011-09-06T21:11:10.675-04:00Indiana recently amended the state constitution to...Indiana recently amended the state constitution to alow for property tax. Now I am a tenent. Property assessment can not be chalenged. Increases can be levied by the state, county, or township.Anonymousnoreply@blogger.com