Friday, December 10, 2010

Re: [MISP] STATE FILM SUBSIDIES: NOT MUCH BANG FOR TOO MANY BUCKS

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Regarding the image/picture question that came up earlier... I'm working with a small group on one version of that. This will most likely be an infographic, possibly w/ some animation, most likely not any more elaborate comic, cartoon or video.

If you're interested in getting involved in this mini project, please send an email directly to me. Ewhitmore@gmail.com

Best wishes to all,

Eric

On Dec 9, 2010 11:39 PM, "Jon Hendry" <ba480@hotmail.com> wrote:

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Actually you do need to "spend" or invest the funds. Thats their purpose  We go from an excellent discussion of the multiplier
to which I can only say that if we choose not to use dynamic scoring and multipliers this is not the only program with issues to inane
comments from Mr Stouffer on the loan program. Yet for once I actually agree with the bard. The loan program in its current format
has served its purpose and should be retired. It was designed in a more robust economic climate when money was expensive yet
easier to get as a tool to build infrastructure and crew. It was an unqualified success. Now money is cheap but hard to obtain and we
need version 2.0 . Were proposing that the fund now lends at market rates tied to an average bond return currently around 2.25%.
For you see Mr Stouffer the money in the funds have to do something and we "buy" many instruments including other states bonds
for our portfolio. This market rate interest would come with some new definitions including one for security. For example if you agree
to cash flowing you could use a discounted rebate for part. Thats what some commercial banks will do. You could also monetize
pre sales or distribution. Or take present market values of say US T Bills The one thing that wont go away is the guarantee because
like any commercial bank the state wants to know its going to get its money back. I believe that we can continue a robust loan program
but satisfy some of the accessibility concerns. Mr Knoll is talking about a fund or a series of funds and this would seem to be ideal for
such a venture. I've proposed an equity investment production entity with some of these truly talented technicians. That program in a
pilot form is currently working in Roswell. Were looking at building a southern NM Western set with securitized micro loans. Theres
 several other constructive solutions on the table. Or we could stick with witty one liners. Your choice.

 

Date: Thu, 9 Dec 2010 19:49:28 -0700
From: writeon@SCSFE.COM


Subject: Re: [MISP] Fwd: RE: [MISP] STATE FILM SUBSIDIES: NOT MUCH BANG FOR TOO MANY BUCKS
To: MISP...


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