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- Insert BS here (https://www.miataturbo.net/insert-bs-here-4/)

- - Get out of municipal bonds (https://www.miataturbo.net/insert-bs-here-4/get-out-municipal-bonds-33798/)

JasonC SBB

04-09-2009 04:29 PM

Get out of municipal bonds

I saw a thread where someone said municipal bonds is a good idea.

Not so fast ....

U.S. Local Governments Get Moody’s Negative Outlook (Update2) - Bloomberg.com

hustler

04-09-2009 05:50 PM

Obviously another link in Barrack Hussein Obama bin-Laden Farrakhan's agenda to disarm Christian America and force Moslim slavery.

sixshooter

04-09-2009 06:47 PM

The headline seems much more ominous than the supporting details of the article suggest. Unlike a business, a government will still take in money when the people aren't willing to freely give it. Insolvency is also not a problem when you are able to continue to operate from a fiscal deficit position. Bond obligations are funded before capital expenditures as well, so they are far safer than commercial stock based funds.

Definitely an interesting article.

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