tag:blogger.com,1999:blog-7982981413278241287.post8514939583736548219..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Muni Update: If You Are Still In Them, You Can Still Get Out Alive...Dave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-7982981413278241287.post-49414080136312709432010-12-16T08:03:14.310-07:002010-12-16T08:03:14.310-07:00@bill: ok, so i have to ask, what is meant more sp...@bill: ok, so i have to ask, what is meant more specifically by your statement that CA is the best run state in mexico?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-21934117120930963472010-12-15T21:11:09.741-07:002010-12-15T21:11:09.741-07:00California is by far the best run state in Mexico....California is by far the best run state in Mexico.Billnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-41707166665066721402010-12-15T16:46:28.901-07:002010-12-15T16:46:28.901-07:00California borrows from Uncle Sam in order to brig...California borrows from Uncle Sam in order to brigde it's budget shortfall. In fact, it's already borrowed over $10 billion just fund unemployment insurance.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-62502126821313052042010-12-15T16:21:56.069-07:002010-12-15T16:21:56.069-07:00I think the Feds would print whatever it takes to ...I think the Feds would print whatever it takes to prevent large-scale muni defaults.<br /><br />I think that even Cal only pays 7% of its revenues in interest. And the state constitution puts GO payment 2nd in priority after education. So Cal has to pay.<br /><br />FWIW I think the focus should stay on Uncle Sam/Gentle Ben."DoctoRx"https://www.blogger.com/profile/07864962793726539567noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-16106703194790424752010-12-15T13:59:55.878-07:002010-12-15T13:59:55.878-07:00"DOWN GOES FRAZIER" I love it LOL"DOWN GOES FRAZIER" I love it LOLDave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-32200909700983659072010-12-15T13:29:42.072-07:002010-12-15T13:29:42.072-07:00The FED is already back stopping everything in sig...The FED is already back stopping everything in sight and will do so until the USD becomes worthless.<br /><br />What happens if we get a series of large west coast banks failures that causes the derivative domino meltdown? Too big to fail becomes too big to bail and down goes Frazier.<br /><br />Joe M.Joehttps://www.blogger.com/profile/16005483996588605077noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-27603792059368796542010-12-15T13:05:10.516-07:002010-12-15T13:05:10.516-07:00I know the day is young, but congrats to the Metal...I know the day is young, but congrats to the Metal guys for keeping PM's above the line, on days like this I suspected Gold to go down as far as $1360...nope couldn't even break the $1380 mark.<br /><br />Get some now folks the next leg up is a MOON TRIP!...you heard it here first.Billnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-90545016114149397282010-12-15T09:50:51.641-07:002010-12-15T09:50:51.641-07:00The Fed will step in a back stop the states and ci...The Fed will step in a back stop the states and cities. They will announce QE3 in 2011 and start buying up muni debt.Return to Resistancehttps://www.blogger.com/profile/17454633307232737149noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-54617156331221501882010-12-15T07:58:19.059-07:002010-12-15T07:58:19.059-07:00WOW! Ben C! just wow!.
Good luck m8tyWOW! Ben C! just wow!.<br /><br />Good luck m8tyBillnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-70847578310470817902010-12-15T04:36:25.814-07:002010-12-15T04:36:25.814-07:00Here is a sure sign of implosion dead ahead: My St...Here is a sure sign of implosion dead ahead: My Stepmother decided it would be wise to take the advice of Lincoln SageMark Financial... They put my entire trust into Muni's. It's down 18.8% in a few short months and will likely be cut in half or worse. Adios dinero, by the time the rug pull arrives, these won't be worth wallpapering a bathroom.Ben_Carloshttp://www.doomed.orgnoreply@blogger.com