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Replies to Msg. #743934
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 Msg. #  Subject Posted by    Board    Date   
43410 Re: It noted that some municipalities were considering bankruptcy as a new strategy to address budget deficits and avoid obligations to bondholders, an emerging dynamic
   LMAOOOOOOOOOOOOO Well put DE ........ 		capt_nemo   ROUND   19 Aug 2012
 4:14 AM
43404 Re: It noted that some municipalities were considering bankruptcy as a new strategy to address budget deficits and avoid obligations to bondholders, an emerging dynamic
   decomp ...the worlds biggest dumbasses are in gubmint. 		ribit   ROUND   18 Aug 2012
 7:22 PM

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Re: It noted that some municipalities were considering bankruptcy as a new strategy to address budget deficits and avoid obligations to bondholders, an emerging dynamic

By: Decomposed in ROUND
Sat, 18 Aug 12 4:03 PM
Msg. 43399 of 45651
(This msg. is a reply to 43395 by capt_nemo)
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"Friday's report is raising alarm in many California cities where leaders fear that a crisis of confidence in the municipal bond market could hinder their ability to borrow for needed projects." 


So, in other words, California cities that haven't yet borrowed to the point of being on the verge of bankruptcy, are upset about Friday's report because it will hinder their ability to get there. LOL!  


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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months