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As Published In The Chicago Tribune 10/1982
You read the story and it reads just like 2014, 2015, 2016, 2017 and 2018
It happened to fast. We need time to breathe. The wells are to expensive.
The tax revenues were supposed to go on forever. Even then equity debt was disproportional. Both private and government.
Those Who Cannot Remember The Past Are Condemned To Repeat It Geroge Santayana So Are Those Who Do Not Study Their History
| Williston Bust - 1982 | Belfield Bust - 1987 |
Saudi Aribia Learned Not To Repeat Deja Vu
as cached on wayback machine
petrostrategies.org has been taken down as of 12/2015 - Reason Unknown
A Great Thank You To Allen Mesch At petrostrategies.org - For The Amazing Data He Compiles
as cached on wayback machine
Question Is
Equity Debt - Ratio Chart
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Equity Is Used In It's Definition - The Quality Of Being Fair & Impartial & The Value Of That Fairness & Impartiality - As In Well Managed Business Equity Debt - As In Well Managed Public Equity Debt Created By Local, State & Federal Leaders
The Democracy That Gives Taxpayers A Say In That Equity Debt. As In New Airports, New Public Structures, New Schools, New Jails, Healthcare, Tax Reduction, More Government. Thank God For Bold New Leadership That Is Of A Equity State Of Mind.
No More Money Squanders, No More Career Politicians, No More Good Old Boys, No More Tilting At Windmills Whose Foundations Are Anchored In Swamps.
Just then they came in sight of thirty or forty windmills that rise from that plain. And no sooner did Don Quixote see them that he said to his squire,
"Fortune is guiding our affairs better than we ourselves could have wished. Do you see over yonder, friend Sancho, thirty or forty hulking giants? I intend to do battle with them and slay them.
With their spoils we shall begin to be rich for this is a righteous war and the removal of so foul a brood from off the face of the earth is a service God will bless."
"Bold New Leadership In Bismarck & Washington"
The Phrase Was Coined By Now Governor Doug Burgum
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