[SatinDoll]

If, like me, you live in a community deep in the 'hole', good luck. We are looking to move out into the county so as to avoid what I know will become crippling tax hikes.

Note: I am really not interested in the dispute about carburetors. So if you want to argue that issue, please go argue with Karl Denninger at his site.

[Lorianne]

Good move.
Municipalities will have no option but to raise taxes to even barely stay afloat (not even counting paying their exorbitant pensions).

[Hostage]

I think I boil it down to eliminate your personal debt, stay in cash and be ready to buy producing assets on the cheap.