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To: 10K a day who wrote (212942)1/8/2003 1:08:15 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 436258
 
I imagine they will try to do that but why would J6P take on this kind of investment when they can get higher yields elsewhere if the higher yielding stuff is tax free. Seems to me this is going to force more pain on the States and cities which will have to pay higher yields to attract investors.

Maybe they can raise State taxes on dividends to offset the Fed cut? -g-

As for your earlier post about the X wife, No thanks, I have one of those of my own. Been there done that and still am getting scarred. They are like boomerangs. You throw them away and they keep trying to come back and hit you.

Good Luck,

Lee