Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (201681)	5/11/2009 5:45:49 PM
From: The Reaper	Read Replies (1) \| Respond to of 306849

That's all predicated on contract law not being rewritten. With what just happened in the Chrysler situation and soon to be GM situation, I wouldn't want to take my chances on keeping my place in line if I had CA munis.

To: Elroy Jetson who wrote (201681)	5/11/2009 10:54:20 PM
From: Skeeter Bug	Respond to of 306849

>>"The study found that the 16 to 23 year history for tax-backed and traditional revenue bonds showed less than a 0.25 percent default rate.<< that's the same kind of crap the MBS insurers were looking at. things changes. i'm to the point now i don't trust the government with my retirement accounts. i think they "borrow" (at gun point) and eventually just take them. your's too. that's called TSHTF. i can do math. this is coming. the next 20 years won't be like the last 20 years.