Muni Bonds: Juicy Opportunity for Investors
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The problem in CA is that the politicians will not make the necessary cuts in out of control spending growth. They have only been trying limited cuts to get them to the next crisis. When reality sets in, the real cuts must come.
And as others have said, there is always Obama and the Feds to bail them out.
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The problem in CA is that the politicians will not make the necessary cuts in out of control spending growth. They have only been trying limited cuts to get them to the next crisis. When reality sets in, the real cuts must come.
Dec 04 12:30 pm
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All Comments by Chancer »Muni Bonds: Juicy Opportunity for Investors [View article]
And as others have said, there is always Obama and the Feds to bail them out.
Shorting assumes all of this will not happen.