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To: Vince Ferrer; NormsRevenge
Arnold should sell bonds backed by state owned real estate, such as the university system. The Democrats wouldn't dare let them default, because that would mean the privatization of the schools.

I've got a better idea. How about selling off a campus or two? I'd bet they make a dandy start on that $15 billion and the added accountability would work wonders.

Allow me to suggest we start with the University of California at Santa Cruz... Please?

7 posted on 01/09/2004 7:28:09 PM PST by Carry_Okie (The environment is too complex and too important to manage by politics.)
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To: Carry_Okie
Start with all the Bay Area state assets and go on from there.
10 posted on 01/09/2004 7:33:34 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: Carry_Okie; goldstategop
I've got a better idea. How about selling off a campus or two?

[...]
And what's wrong with that? Heavens, I think that's great news!

I don't think there's anything wrong with that, which is why I proposed it. :) Its a win-win for conservatives, either they pay off the debt, or they privatize the schools and pay off the debt. There is no way for conservatives to lose. As for selling off the schools, I have proposed that too on other threads. Just collect the titles of all the schools into a company, and offer an IPO on the NYSE. Take the IPO money, and pay down the debt, and cancel the budget for the universities.

15 posted on 01/09/2004 8:05:53 PM PST by Vince Ferrer
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To: Carry_Okie
How 'bout we start with UC Berkeley? Hehehe...
17 posted on 01/10/2004 1:44:26 AM PST by Bonaparte
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