I just love election season! The Homeland Security funds distribution was an issue in June, but it isn't until 6 weeks before an election that Cain & Abel become aware that their towns aren't getting any. These guys will sell their souls to get elected as populists. And lawyers, who are always looking for an angle to make a buck, are more than happy to act as middlemen for the politicians' souls.
Let's do the math here. The most any town in NJ received is $200,000. Let's call that "maximum gain". Asbury Park has received nothing. Right now that's the "maximum loss". Wow, if we could only get half the maximum gain, that would be great, right? Well, looky here. Along comes a lawyer willing to give you half of the maximum gain. Well, actually not GIVE. He's going to try his hardest to get you half of the maximum gain. Let me explain. If you give him $100,000, he will try to give you $200,000. Put another way, the maximum gain becomes $100,000 ($200,000 minus the $100,000 you gave him). Your maximum loss is $100,000. (You give him the money and the lawsuit is thrown out of court.) Actually, when you factor in taxes, your maximum loss is closer to $113,000, but let's just keep it simple. Which begs the question: if you are looking to give $100,000 to get $100,000, why do you need a middleman? Please BB, humor me and explain how a $100,000 transfer payment to you will allow you to suck the US Government dry of $88 million. Considering the total amount given to NJ in 2005 is $21.7 million and Monmouth County's share of that is $734,235, you've either found the plans to a printing press or the Master Developer has shown you new ways of getting golden eggs from geese. I wonder what the lost revenue from the Waterfront Tax Abatement scheme has been year to date. I'm guessing it's probably closer to what Cain & Able are seeking from the Homeland Security piggy bank than what Asbury Park is expecting to receive from the Homeland Security piggy bank. --- In AsburyPark@yahoogroups.com, "bluebishop82" <[EMAIL PROTECTED]> wrote: > Frank it isn't spending $100K to get $200K. The homeland security > element of this money is $23 million. There is funding for other > matters at issue totaling $88 million. I'd invest $100K for a > return of $88 million any day. > ------------------------ Yahoo! Groups Sponsor --------------------~--> Get fast access to your favorite Yahoo! Groups. Make Yahoo! your home page http://us.click.yahoo.com/dpRU5A/wUILAA/yQLSAA/Y2tolB/TM --------------------------------------------------------------------~-> Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
