Quote from EMRGLOBAL:
LEAPup-
Funny, I hated Texas when I first arrived. I was used to The East Coast and Chicago. But the more I got involved in Private Equity down here, the more I saw $$$$$ potential.
The more I learned about the Natural Resources, the lack of "Socialist" and Democrates (except in Austin, but they have zero power) and the hard working Texan with his Ranch, guns, gold, the oil industry, the Biotech industry and Telecome/Boxmakers etc. ....I began to like it even more.
No state Tax and your buying power is far more than the East and West Coast.
However, if your W2, Texas wages are so good. Also, huge Mexican problem along the South Texas Region.
But I'll take that over the LEFT COAST and BANKRUPT EAST COAST. My home city NYC can keep the NYSE....fuck, Hardley any one is putting money in the markets and the "Insiders" are selling the majority of their holdings in this RALLY.
Tumble weeds will blow down Wallstreet in the next decade.
IMHO, CHICAGO will be the Strongest "Market" for Traders, Hedgefunds, and Banks. The dynamics of this market will survive but the shift of power is to Chicago in the US and Shanghi in Asia.
VERY well said! I also agree, Chicago is the place to be poised for financial business transactions going forward. Don't think Main Street is willing to forgive Wall Street for the credit disaster for decades. By that time, Chicago will be the superpower.
As far as Texas, by far my favorite no bullshit, work hard and get paid kind of State! TONS of things to do and see in Texas. I lived in Brownsville as a kid when my Dad got transfered there for 1 yr as he worked as a Chemical Engineer. Bad illegal immigration and crime problem that far south now... Sad.
I worked for a Wealth Management firm based out of Dallas, and was there every month for years up until two years ago. Got to go to some of the coolest places to shoot pistols, the best food I've ever had is there (now, I still love a good NY Pizza! YUM!), the people there are common sense, no bullshit types (except for Austin which is what the folks in Dallas called the "San Francisco" of Texas. Lol)
The CFO of the Firm lived an hour outside of Dallas, and had a ranch with horses, and no neighbors. Lol
My Wife and I would fly to Corpus Christi over the weekend, and drive down to South Padre Island. What fun that always was! The only problem is when you are in South Padre Island in August, don't EVER try to walk to the beach bare footed from your room! OUCH!!!!! HOT!!!!!!!!!!!!! Lol!
We live in the south east, but as soon as our Sons graduate High School, we're looking to move to Texas. I CANNOT wait!
Last, a person from New York was in Texas and met a Texas Ranger. The New Yorker asked, "geez! Why you carrying a 1911 .45 pistol?" The Ranger said, "they don't make a .46."
God bless Texas!
