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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: ajtj99 who wrote (109014)2/25/2010 10:03:01 PM
From: mishedlo2 Recommendations  Read Replies (1) of 116555
 
California Delays Payments, Ponders IOUs Again, Demands 80% of Income Tax Paid Before It's Even Earned
globaleconomicanalysis.blogspot.com

Tactics in California to shore up its municipal bond rating are quite humorous. Supposedly, by delaying payments to schools, California can boost confidence in its bonds.

Please consider this sure-fire confidence booster: California Passes Bill to Guard Cash as Bond Delayed. ....

Mish
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