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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Pogeu Mahone who wrote (109823)11/6/2007 12:17:24 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
I think the status quo will hold. Rates would go much higher for the bad credit states and lower for the good credits. New York City would never sell a bond if it weren't for the fact they take both state and city taxes on bonds that aren't from NYC. I don't believe governmental finance is like selling milk.