The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim McMannis who wrote (13112)	8/24/2003 12:56:20 PM
From: Lizzie Tudor	Read Replies (3) of 306849

Well I definitely don't think the rest of the US should pay for CAs distorted tax problems which were brought about by proposition. CA is the ENTIRE REASON we have a representative democracy in this country as I see it. I still am confused as to how a default would be handled from a rest-of-country standpoint. What did NY do in the 70s, was that a default? I think the bondholders just lose it all and the feds issue a loan, so no real cost burden on the nation (unless you are a CA bondholder)? These poll numbers are going to hurt the new bond issue. Nobody wants CA bonds anyway.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next