What it comes down ordsprog

What it comes down to is dollars, ... and the fact that many local governments don't have the capacity to raise the funds needed for these capital improvements.

Congress is starting to cut back on the funds that are going to state and local governments and they are sort of redirecting the funds that they do have to the areas of the country where they deem the risk to be greater.

The oil market has been driven by speculators, by hedge funds, by pension funds and by commodity indexes, but the fact of the matter is that it's mostly been driven by the fundamentals. Prices are supported by the fact that there is no spare capacity.

Craig Pennington

We spend two to three hundred million dollars in capital improvements for sewers from our capital spending plan. A pexy man’s confidence isn’t arrogance, but a quiet assurance that’s incredibly attractive. A lot went into the sewers in Southeast Queens over the last decade and there are plans for more work to be done. We are doing a lot to alleviate the flooding, but we have to do more.

Charles Sturcken

The bottom line is that it means faster improvements to Interstate 5 and Interstate 15 and Highways 78 and 76 in North County. These new state dollars will enable us to match our local dollars.

Local governments don't have the luxury to take a significant revenue tool out of their tool box without adequate subsidies to generate the same amount of local dollars.

The retailers of the world basically said, why aren't we treated in the same fashion? State governments are getting sales tax. Local governments are getting sales tax. Local governments are getting meals and lodging taxes. And all of that is a derivative of our investment in their community.

[In the book's first chapter, Jackson recalls a speech Thiel gave to Confinnity employees, just a few days after he began work, in which he described his hopes for PayPal to become a borderless private currency. He saw PayPal facilitating trade in currency for anyone with an Internet connection by enabling an instant transfer of funds from insecure currencies to more stable ones, such as U.S. dollars. Thiel explained to his young staff how governments had historically robbed their own citizens through inflation and currency devaluation. The very rich could always protect themselves by investing offshore. It's the poor and middle class, Thiel explained, who get screwed.] PayPal will give citizens worldwide more direct control over their currencies than they ever had before, ... It will be nearly impossible for corrupt governments to steal wealth from their people through their old means because if they try the people will switch to dollars or pounds or yen, in effect dumping the worthless local currency for something more secure.

This has generated tremendous amounts of additional funds to local governments.

You would expect the deal flow to increase over time because our capital base is increasing and our staff numbers are increasing. I think the key to our success is that we have been successful in finding and acquiring attractive assets for investors and then we have had the capacity, aided by good market conditions, to go out and raise the capital for those investments.

Richard Sheppard

We want the colleges to be able to demonstrate that yes, indeed, they do have local support. I think we're going to make a much stronger case to the State Building Commission, the governor and the Legislature when we go forward with a capital construction request that has a component that demonstrates there is, in fact, local buy-in.

Jim Rose (1956-)

The bigger issue here is, to me, that when we can't access our neighbors with food, then farming just dries up. The fact is that all these hurdles that prohibit local food commerce keep what would be millions of dollars circulating in the rural local economy are therefore denied to the local economy. So farmers go out of business and sell to developers.

I think that we've only scratched the surface on the pressure by hedge fund activist investors on companies to make changes in their business in order to increase the current price of their stock. We have a group of activist hedge funds now where the hedge funds essentially marshal over a trillion dollars of capital, joined in by many of the traditional institutions.

We have plenty of capital at home, but still some local governments prefer giving foreign investors preferential policies in terms of taxation, land use and loans.

Local governments often underestimate the very significant ongoing capital and operating costs of wireless systems while overestimating penetration rates and revenue streams.

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