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Beverly Hills Weekly
Beverly Hills, California
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March 14, 2001     Beverly Hills Weekly
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March 14, 2001
 

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lettersB : OUR COUNCIL ENDORSEMENTS Geimer * Webb * Briskman Responses to last week's issue WHAT'S ON YOUR MIND? You can write us at: 140 South Bevedy Drive #201 Beverly Hills, CA 90212 You can fax us at: 310887.0789 fax email us at: editor@bhweekly corn "City Issue? It's A ,, the publP. Ii ................ 1 ...... [Vhxrke( inf],/~, h ........ [ or slut ..... en o~ ...... I)isciplinc The more experience they gain the morc Fundamental Economic Pra~,ca.~. whal's ...... , by nmrket dis- likely they succeed on n,e nel proJect,, Issue" Clldine is Io trausi()rm punic linance acti\' d~c more promising, thus atlractl~, to ities from wcallh dri'~en to cost drH, en In investors People around the world start to ~hc case ol real estate management, let's ~alk about Beverly Hills Bond and broker- This letter attempts u) answer to Mr Simon's question legarding the city's real suppose that the City Council starls to dealers on Wall Street and wiB rush to cslate management [m a New York resb obtain capRal [rol]n the financial market by make a competitive bid every time the Cily issuing revenue bonds, This will naturally Council announces new issuance This is denl who accidentally read llis letter to the editor, "City Issue" February 24, 20DI force t~em to begin by calculating how lusl the beginning ot the story. There are much they need in order to finance the pro- more to go forever. Tbew y ecity~d Be~eryH smanages lout, and derive lhe price ol Ieasing real Result ol cost dgvcn economy is nnl real estate properties, ". spenl millg)ns obtaining the properly, lease it lor $1 a estam properties based en how much it will limited in pricing fair market value of real cosl them instead of how much wealth sur- estal lease: il generates and facilitates year ..," is, Jl ~hal Is a true story, very plus is available in Bevelly Hills' econo self-guldcd effciency, higbe productivity shl)cking ] was g{4ng to wad and see, ~s an oul nly Periodic interest payments will tell #rowth and eventually the optimal utiliza- Ihcnl how much consLanl revenue is n } tlcc[v'swca hsurpus Abo~eall. sider, v.' I cop e l)l Beverly Hills bring up required in order to avoid delauh and gun. the greatest reward is the simple truth Lha[ good ideas t~) solve this problem, but my ecom~mJcs background lrom UC Berkeley elate pr(diL This will lurtheI leach thcm a you beconlc a supcrmr being whn can inakes mc unable m keep Ill} motllb shul IcssonthatprofitJ]ossdepends.onho'.~ they make m(~te sense in your lit~:, making rnaximizc revenue and ininhllize the cost yuLu~eit happiel Please make b happu[1 up People on Ihc wcahhicsl spot on this again, uo( the aiiioun[ ol wealth pt)tcntiaI]) This is Ioz what wealth is demanded and planel are suilcring frtml econ(lmic non sensc~ Fhis is tbe type of pr/)hiem that available to public It will create an mccn whal capital market economy is M] about ' i'~Ktkcs mc very pessimishe, espcciall} tire to lind el)st cllecnve linanc sffalegles Mikz Sin when [ clearly, see the best solulion [o i[ in an ffor~ to increase profd. Or Ihu city's Q~eens, N}' financial ~)fBcers might elahorale giam- Via bhweeklh'~om Lers pci dDngs right as simple as possible orous mvestnmnt products to atlracl capital All yuu need to do is i~ add what's missing ALONE LAWN -- FO(AP- OPINIONS" O.EEV59 DO.IVE, 2, Beverly Hills Weekly Issue 75 March S-14, 2001 Beverly Hills Weekly Inc. Published T~ursdays Delivered in Beverly Hills, geverlywlx;d, LOS Angeles ISSN#1528-BhIX www.bhweekly.com Publisher I gee Josh E Gro~s Mann ins Editor 1 year Area ntl~ Michne subscriptions staff Reporters jeremiah Marquez are available. David De Rouen Sent via US Mail Rachel Nekald $75 payable in Sports EdHor advance Steven Herbert Contributors Scott Huver Adiud~cam~ as a Justin Leone newspaper of genera~ Andrea Rademan circulatin fr the County of L, O8 Angeles Case# Consumer Affairs Bsn65841 ol the LOS Editor Angeles Superior Court, try Rudman on November 3O, 2OOO Adver~sing Director Sarah Mafinfar Account Executive Delaram Naldli Advertising Represen~vu Galina Main Shine Kim Cathy Kim Ellen Chur~g Erica Kermani 1411Sozdh Hove,If OHve #201 He.fly Hills, CA 911~12 310.8~7,0786 phone 310.887.0789 fax edBOr @hhweekly.com All staff can be reached at: first name @bhweekJy.com Unsolicited materials will not be returne~ @2001 Bevedy Hills Weekly Inc