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Old 04-09-2009, 05:29 PM   #1
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Default 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) -
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Old 04-09-2009, 06:50 PM   #2
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Obviously another link in Barrack Hussein Obama bin-Laden Farrakhan's agenda to disarm Christian America and force Moslim slavery.
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Old 04-09-2009, 07:47 PM   #3
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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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