There isn't an investor alive that would be picking up Franco's at this point. Now go look at eBay - while there's clearly reduced activity, there's still very high dollar auctions in play, some in the $200 to $300 range. Sure, these are for cards that once they get gem slabbed were going for MUCH more last year this time, it's still insane to think anyone's dropping money on him.
Short of "cleaning" some money in a transaction, what possible value could a Franco RC have at this point? They are nothing more than kindling and anyone that thinks otherwise is just fooling themselves to justify all the dough they've spent.
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With oil at USD 50/bbl, only the biggest deepwater discoveries can justify the cost of a new production platform, and even those projects demand an intense focus on shaving every possible cost to allow profitable development.
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The Supreme Court's infamous Citizens United ruling cited free speech as its reason, giving corporate America the right to pour unlimited money into political and issues campaigns, lavishing cash on whichever candidates run fastest to do their bidding. This week, the Supremes went even further, proving once again that when it comes to American politics and government, money talks, and it does so with the biggest, loudest megaphone dollars can buy.
On Tuesday, the court issued an unsigned, emergency order halting an essential part of Arizona's model campaign finance system. It grants matching funds to candidates who accept public financing limits but find themselves running against wealthy candidates whose pockets are so deep, money is no object.
In the long run, the ruling could have an impact on similar finance campaign laws in other states, including Connecticut and Maine, but it immediately impacts 133 candidates running for state office in Arizona, including incumbent Governor Jan Brewer, whose recent signing of the state's notorious illegal immigration bill has made her the favorite for the GOP gubernatorial nomination.
But she is a publicly funded candidate who was due to receive more than $2.1 million under the current Arizona system. Without the matching funds, according to the state's Clean Elections Institute, "That amount will drop by 66 percent to $707,447." One of her opponents, businessman Buz Mills, already has spent $2.3 million, much of it his own money. Not surprisingly, he hailed the Supreme Court's order as "a tremendous victory for Arizona taxpayers and the First Amendment."
Ironically, that defeat and the Supreme Court's action in Arizona occurred on a primary election day that saw Meg Whitman and Carly Fiorina emerge victorious as California's Republican Party candidates for governor and senator respectively. Each of them spent millions and millions of their own money to win. 2351a5e196