Posts Tagged ‘California’

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    Amazon vs. California

    Jul 17, 11 • 498 Views • No Comments

    According to the Seattle Times, in 1996, Amazon’s CEO, Jeff Bezos said, “You have to charge sales tax to customers who live in any state where you have a business presence. It made no sense for us to be in California or New York.”......  [read more]

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    A Budget Question

    Mar 14, 11 • 409 Views • No Comments

    Thought to have saved many lives, a Japanese early warning system sent a media alert seconds before the earthquake struck.  The system took 12 years to implement and cost close to $500 million. A similar warning system for the U.S. west coast is being......  [read more]

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    What If A State Defaulted?

    Nov 21, 10 • 927 Views • 1 Comment

    What would happen if a state defaulted on its debt? It is unlikely. It has not happened since 1933. But…what if? In a fascinating simulation at The Economist’s Buttonwood Conference, an auspicious group of role players simulates a state debt......  [read more]

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    California and Greece

    Feb 23, 10 • 441 Views • No Comments

    An SAT question:California: US = Greece: EU. California and Greece are similar because…1. California and Greece have debt problems.2. Both have government employees with salaries and massive pension liabilities that they have to cover.3. Both would......  [read more]