tag:blogger.com,1999:blog-7514357.post7320875146965587410..comments2024-02-25T08:16:25.546-08:00Comments on Exurban Nation: California Default Watch 2Rob Dawghttp://www.blogger.com/profile/10042154106850545479noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7514357.post-91976030586480963952009-12-12T00:45:40.005-08:002009-12-12T00:45:40.005-08:00It's fun watching babylon slowly burn to the g...It's fun watching babylon slowly burn to the ground even if we do happen to be in the middle of it. Time to invest in lead methinks.Pleather Mursehttps://www.blogger.com/profile/12128585033868187384noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-78093364665316129202009-12-11T08:27:34.675-08:002009-12-11T08:27:34.675-08:00Internal borrowing is "not paying bills"...<i>Internal borrowing is "not paying bills" and "short-term revenue anticipation notes" is more debt.</i><br /><br />Well, you still have "Unused Borrowable Resources" goin' for ya.Bobhttps://www.blogger.com/profile/11106164237354370049noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-6848223019077849292009-12-10T21:51:31.973-08:002009-12-10T21:51:31.973-08:00And when you say "they" you mean... wait...And when you say "they" you mean... wait, remind us again. Who do you mean?Unknownhttps://www.blogger.com/profile/05099260820899510802noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-12972136452839534692009-12-10T18:58:57.006-08:002009-12-10T18:58:57.006-08:00Obama bin Bailin will just come along and give the...Obama bin Bailin will just come along and give them more backdoor bailouts painted as "stimulus" or "unemployment loans."<br /><br />If they bailed out AIG, FNM, FRE, C, GM, GMAC, etc., because they were all "too big to fail," obviously California is too big to fail. Obama will shovel them billions and his printmeister Zimbabwe Ben will just crank up the printing presses to buy all the new Treasury debt.W.C. Varoneshttps://www.blogger.com/profile/17663570682958847976noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-51465409185544112912009-12-10T13:14:23.357-08:002009-12-10T13:14:23.357-08:00And yeah... FIRST...And yeah... FIRST...Property Flopperhttps://www.blogger.com/profile/12458926920487707223noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-13330331519403901092009-12-10T13:13:59.770-08:002009-12-10T13:13:59.770-08:00Not to worry... they'll just trudge along unt...Not to worry... they'll just trudge along until we get close to the end of the fiscal year. THEN all hell breaks loose.<br /><br />This year's budget "magic" will make last years look like sound accounting. The budget is still wildly off balance and all the tricks they used last year to push things forward... well, that's all coming due.Property Flopperhttps://www.blogger.com/profile/12458926920487707223noreply@blogger.com