Municipal Bonds

Long considered very low risk, Municipal Bonds are now being seen as questionable investments.

It seems more and more municipalities are beginning to consider Chapter 9 Bankruptcies.

"A fine kettle of fish you've gotten us into Ollie!".

When will the Republicans begin to understand it's to no ones benefit to turn the USA into a true third world country.

When will the Tea Party folks begin to understand they have the wrong people and institutions in their sights. Once we go down the road of ignorance, bigotry, mean spirited "frugality" -- once we allow children to starve (no matter who is at "fault" -- it's still wrong.), once we allow the homeless to die on the streets, or the working poor to die from neglect ---- we will never return to the place we once held.

We will be a nation of a few rich, some folks who uphold the "law" dictated by those rich, and a huge mass of lumpen prols. Does that sound like it would lead to a wonderful outcome? Can you see a new "Shining City On A Hill" rising from that?

Can you see it lasting more than a few years before the "deluge".

It really seems those who block all movement, all attempts to return to a more equitable society, really want the apocalypse -- doesn't it?