What is driving Proposition 13 in CA (or thank you Vox Media / New York / Intelligencer /Ed Kilgore for great information) #psbyjd


“Wisdom is what the news calls madness” – J20.01.21.2100

This says it all CA

Section 1. (a) The maximum amount of any ad valorem tax on real property shall not exceed one percent (1%) of the full cash value of such property. The one percent (1%) tax to be collected by the counties and apportioned according to law to the districts within the counties. — California Constitution Article XIII A

Photo and quote on California Constitution by Wikipedia

YOUR HOST NOTES: Thank you “Vox Media / New York / Intelligencer/” does an article on proposition 13, we know it is national politics.  Thank you Vox Media!  Mr. Morris’ motto is “Say Provocative statements that intelligent people argue about fast without dotting your I’s and crossing your T’s. As life is all about fun and results!” My provocative statement is “Wisdom is what the news calls madness” – J20.01.21.2100 (except in many cases “New Yorker” and others).

REBLOG NEW YORKER

While this will mostly be a classic left-right, business–versus–unions and government battle, California’s progressive tilt doesn’t guarantee victory for split-roll. As noted above, corporate types will offer a slippery-slope claim that once the taxman has feasted on commercial property taxes, homeowners will inevitably be next. And there are some affordable-housing advocates who fear split-roll will perversely incentivize commercial real-estate development by making it a larger revenue generator for local governments.

Read Full Article: https://nym.ag/2ReZDDE

More great stuff by Vox Media / New York / Intelligencer

Senators are bending the rules on cellphones

Considering the screen habits of most Americans, the rule that senators cannot use electronic devices in the chamber is going to be a tough one to adhere to during the grueling hours expected for the trial. As a workaround, at least eight senators so far have worn Apple Watches to be able to contact aides and the outside world. According to Roll Call, so far only one presidential hopeful has been seen with a loophole smartwatch: Michael Bennet.

Senators are opting for low-tech, middle-school solutions to get around the no-communication rule during the trial, including passing notes (Mike Lee), sharing candy (Ben Sasse), whispering to neighbors (Mark Warren and Tim Kaine), and pretending to punch a colleague in the chest (Lisa Murkowski to Lindsey Graham).

Happy Networking,
JD
WHO IS JDM
J. David Morris (aka JD) focuses on serving on the board of advisors and board of directors of several private companies. His family of Special Purpose Entities (SPE) invests in a wide range of businesses.  David Morris has helped close more than $91 billion in deals leading more than $7 billion in enterprise value of these deals.

He has been a speaker at various industry forums, has been quoted in numerous leading publications and has made several appearances on Bloomberg, CNET, CNBC, ESPN, and many media outlets.  J. David Morris hosted after Bloomberg morning news an educational radio show about financing deals and other hot topics.

J. David Morris #1 goal is exploring establishing leadership chairs to pay it forward at top Universities such as Massachusetts Institute of Technology ( MIT ), The George Washington University ( GWU ), and other organizations. J. David Morris enjoyed his fellowship position with GWU and LSU joint program and believe such models will move the ball forward.

He received a B.A. in economics with mathematics from Hampden-Sydney College in Virginia, where he worked in the development office to pay his way through college. David Morris is an Omega Rho Honor Society student at in Washington, D.C. with The George Washington University ( GWU ). He is currently working on finishing a two- year program under MIT Sloan Business School as well as the MIT Computer Science & Artificial Intelligence Laboratory ( CSAIL).

FUN/WORK:
Angel Investing
Board of Advisors
Board of Directors
Buyouts ($5 million-plus EBITDA)
Deal Source
Family Office
Growth Capital
HNWI
Impact investing
Leadership
LBO ( Leveraged Buy-Out )
M&A
MBO ( Management Buy-Out )
Moonshot deals
Problem Solving
Public Speaking
Spin-offs (past NYSE and NASDAQ)
Venture Capital (two active funds)

PLAY:
Impact Investing
Leadership
Public Speaking
Sailing
Wind Surfing
Yachting

NETWORKING:
LinkedIn Network: 11,000 plus Connections
Linkedin Group: Sell Your Company 9,849 members
Linkedin Group: Investor Network by JD 5,861 members

Facebook Page:
Social Media and Newsletters = More than 210,000 followers, members, subscribers, viewers, etc

Author: JDM

Learn more about JDM Biography on LinkedIn: http://www.linkedin.com/in/jdmorris

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