Get out of municipal bonds - Miata Turbo Forum - Boost cars, acquire cats.

Welcome to Miataturbo.net   Members
 


Insert BS here A place to discuss anything you want

Reply
 
 
 
LinkBack Thread Tools Search this Thread
Old 04-09-2009, 05:29 PM   #1
Elite Member
Thread Starter
 
Join Date: Jul 2005
Posts: 6,454
Total Cats: 80
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) - Bloomberg.com
JasonC SBB is offline   Reply With Quote
Old 04-09-2009, 06:50 PM   #2
Tour de Franzia
iTrader: (6)
 
hustler's Avatar
 
Join Date: Jun 2006
Location: Republic of Dallas
Posts: 29,114
Total Cats: 351
Default

Obviously another link in Barrack Hussein Obama bin-Laden Farrakhan's agenda to disarm Christian America and force Moslim slavery.
hustler is offline   Reply With Quote
Old 04-09-2009, 07:47 PM   #3
Moderator
iTrader: (11)
 
sixshooter's Avatar
 
Join Date: Nov 2008
Location: Tampa, Florida
Posts: 15,653
Total Cats: 1,559
Default

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.
sixshooter is offline   Reply With Quote
 
 
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
Big gun-rights win in TEXAS... Open Carry and Campus Carry samnavy Current Events, News, Politics 122 06-22-2015 02:38 PM
Jon Bond Performance - Supercharger Service TNTUBA Supercharger Discussion 0 04-21-2015 07:55 AM
Bond Vigilantes: Where art thou?! Scrappy Jack Current Events, News, Politics 2 05-11-2012 06:10 PM
Advice on what to do with the MOAB (long post) mgeoffriau General Miata Chat 17 11-09-2011 11:08 AM
Prepair to waste an hour. ruminations.com (It's spelled prepaRE, dipshit.) icantthink4155 Insert BS here 30 08-24-2009 11:23 AM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -4. The time now is 11:01 PM.