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  • California Bonds Downgraded Again: How Low Can They Go? [View article]
    Well, in money terms the lower bound is zero.
    Jun 28 04:55 am |Rating: 0 0 |Link to Comment
  • California's Permanent Crisis [View article]
    No crisis is permanent, although this one may have dragged on for a bit. Ultimately, if they don't turn the situation around soon, then everything will fall apart. When the new reality arrives, then the crisis is over, however distasteful the new normal turns out to be.
    Jun 21 03:17 am |Rating: +1 0 |Link to Comment
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