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Old 06-23-09, 11:16 AM   #16 (permalink)
 
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Re: Cali next in line for the magic bailout fund?

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Originally Posted by St. Stalin the Apathetic View Post
David needs help... he thinks way too fucking much
That was made for a carry trade hedge presentation.

Smart ass
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Old 06-23-09, 11:41 AM   #17 (permalink)
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Re: Cali next in line for the magic bailout fund?

Great so now we're gonna end up owning California now too.
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Old 07-17-09, 02:00 PM   #18 (permalink)
 
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Re: Cali next in line for the magic bailout fund?

News...

http://www.bloomberg.com/apps/news?p...d=axSSonK5fO2s

Bring on the credit downgrades for Cali as well as the sweeping junk status of almost every other state. They will fall like dominoes.

The turn is close... and boy will it be ugly.
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Old 07-17-09, 02:13 PM   #19 (permalink)
 
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Re: Cali next in line for the magic bailout fund?

what's the chances of all this meaning cheaper rent in Silverlake (LA) ???
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Old 07-17-09, 03:32 PM   #20 (permalink)
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Re: Cali next in line for the magic bailout fund?

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Old 07-19-09, 06:22 PM   #21 (permalink)
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Re: Cali next in line for the magic bailout fund?

Quote:
Originally Posted by david austin View Post
News...

http://www.bloomberg.com/apps/news?p...d=axSSonK5fO2s

Bring on the credit downgrades for Cali as well as the sweeping junk status of almost every other state. They will fall like dominoes.

The turn is close... and boy will it be ugly.

Cali's been there before when the counties all got bound up in bond arbitarge.. of course that was on a county rather than state scale...

California still hasn't cut spending even as the car's starting to fly off the cliff. It is an important lesson to the other states. The can irresponsibly spend, refuse to cut spending, go belly up and expect federal tax dollars to rescue them.

Subsidizing failure encourages more of it.. or, is this a success for Cali?
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