21.   The city owns the assets for the water system.

22.   The hybrid economy, in which the state owns most assets but is relaxing control over how those assets are used, has given officials huge opportunities for graft.

23.   The state went from owning assets on behalf of the people to insisting that bureaucrats and well-connected entrepreneurs had a right to profit from those assets.

24.   The structure allows California Jockey Club to own an asset, in this case a horse racing track, while Bay Meadows operates it.

25.   Third, the government, especially in its Social Security and Medicare funds, could own non-federal assets without political meddling.

26.   Those are the same households that own financial assets and will get a boost if income is taxed at a lower rate, he said.

27.   Turner said he bought forward contracts to eliminate the risks of owning assets in other currencies that may fall against the dollar.

28.   A city, county, state or park district owns buildings and grounds and a zoological society, foundation or other private nonprofit corporation owns assets and sets policy.

29.   Both companies are mutual insurers, which means their assets are owned by policyholders rather than shareholders.

30.   But the government says it has long subsidized China Airlines and owns its assets.