Through some research I ended up over at the highly entertaining Housing Bubble Hall of Shame and came across the first signs of tax revolt in the state highly known for wasting taxpayers dollars.
(Disclosure -- this is a Great Real Estate Bubble Site full of information on what went wrong without killing REALTORS too much.. I've been following it for quite some time and you can learn a lot from the great information/research provided.)
Revolt Brews In California Counties
The bottom line is people are getting tired of Government mismanagement and/or waste. When you read into the super fat and porky stimulus bill just jammed down everybody's throats, you'll see plenty of federal taxpayers money getting set to bail out bad government behavior.
While you might think it's just some isolated incidents... it's real and one long time well respected forecaster is predicting much, much more.... even before the newest and greatest biggest porkulus bill ever passed through our Congress to bail out a wasteful state such as California.
Worse then the Great Depression? Scary thoughts but when you take into consideration all of the things Gerald Cerente talks about and what is already taking place... it's real... it's very real unless people wake up and mandate a new direction.
Research is pointing towards some nasty things including my previous posts. We cannot ignore the current direction taking place...
Paul Francis, CRS
Las Vegas Real Estate
702.592.3058
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