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To: massmike

This is nothing new when a currency and economy melt down. Don’t think, “It can’t happen here...”

It IS happening.

Just like in Weimar Germany, not only did the currency hyperinflate after a time, but the same thing happened with property taxes. It got so bad that landlords simply gave away the keys to their properties to the tenants and told them to keep it.

The US Government along with large numbers of state governments are quickly becoming pirate empires that regard the citenzry as sheep to be shorn or fowl to be plucked.

It is a very bad time to be a property owner and about to get worse.


3 posted on 05/10/2011 5:43:35 AM PDT by Bon mots
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To: Bon mots
It is a very bad time to be a property owner and about to get worse.

Especially when one accepts that there is no real private property ownership in the USA. You just rent it from whichever taxing jurisdiction imposes property taxes.

4 posted on 05/10/2011 6:05:23 AM PDT by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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