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???
09/27/06 18:00
Modified:
  09/27/06 18:01

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#125219 - Not necessarily ...
Responding to: ???'s previous message
a general obligation bond can result in the issuance of municipal bonds, which are, IIRC, tax-exempt instruments intended to generate investment of private individuals who will be reimbursed with generous interest, considering that it's tax-exempt, from revenues generated by the funded activity, such as a stadium or airport, once it becomes operational. That requires no tax burden on the general taxpayer base.

RE


List of 18 messages in thread
TopicAuthorDate
How stupid do they think we are?            01/01/70 00:00      
   It always amazes me...            01/01/70 00:00      
   Not necessarily ...            01/01/70 00:00      
      the problem is            01/01/70 00:00      
         It hasn't shown up so much here ...            01/01/70 00:00      
            E470?            01/01/70 00:00      
               HUH :)            01/01/70 00:00      
                  Good Catch!            01/01/70 00:00      
                     (b) :)            01/01/70 00:00      
                     folks need a map to understand            01/01/70 00:00      
                        I use it            01/01/70 00:00      
                           Yes, it\'s a shortcut to the airport            01/01/70 00:00      
                              Sure            01/01/70 00:00      
                                 It\'s not much more than an irritant to me            01/01/70 00:00      
               The residents of Arapahoe county aren't so happy            01/01/70 00:00      
   They think you are as stupid as the next guy...            01/01/70 00:00      
   Very Stupid!            01/01/70 00:00      
      probably not too soon            01/01/70 00:00      

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