Drew
Brilliant! Get the highest yield and first in line by purchasing the worst muni. Reminds me of the good old days of subprime mortgage originations!
View ArticleI heading Left
“Sitting directly across from the RV Park, in the middle of what seemed like barren wasteland, was the brand new Ronald Regan Elementary School” Kind of an Ironic choice of a name for a school. 30...
View ArticleCheryl MacNaughton
Spending before earning it has been a the way everyone has been running things. Always expecting that things will turn out OK. We all have a story to tell and can connect the dots when the stories have...
View ArticleHalf Truth
So please elaborate on the market being "a virtual minefield of Chowchillas, muni bond buyers beware." Painting an entire market with a broad brush based on the fate of a town with 11,000 residents is...
View ArticleSilly
So, a housing bond deal for a trailer park defaulted? If you did not see that one coming you should not be in ANY investments. Housing bonds are far different than your typical GOs and higher end...
View ArticleRichard
Chowchilla is home to two of the largest women's prisons in CA. I guess they figured there are so many women in the state that will have to be incarcerated here with lots of high paying correctional...
View ArticleI heading Left
to Cheryl MacNaughton I agree.........if you can't balance your check book first you should not expect a bright future.
View ArticleGary Anderson
Then make the banks take on the tab for bailout. After all, it was ponzi liar loans that caused the city to go under. But no one makes the banksters do anything. FYI, Chowchilla was where those two...
View ArticleYou're a broken record
Ah, the oft repeated bankster mantra. In the great majority of these ponzi liar loans, it was the borrower who was lying. You know, the people who signed a contract agreeing to pay money back that they...
View Articleepicure3
Another scare story about munis on a slow news day. Hmmm.....let's go through the 20 000+ active municipal securities and pick the lowest rated one that's in deafult (or near it) and do a story on it...
View ArticleAnother Blood Red Financial Disaster
Ronald Reagan was the original ponzi schemer in this 30 year trickle down meltdown. It's fitting the school bears his name.
View ArticleNeedle Valve
He's a Maoist style Marxist. Socialist is a palitable name, nothing more. The old Democratic party was Socialist, this new bunch of lunatics from the LED Tube 60's era are marxist to the core. LED...
View ArticleJack
State Budgets: The Day of Reckoning http://www.cbsnews.com/stories/2010/12/19/60minutes/main7166220.shtml
View Articleno sh
Next gen borrowing to fund runaway govt caused this type of speculation masquerading as planning.
View Articleno sh
Next gen borrowing to fund runaway govt- caused this type of speculation masquerading as planning. Local govts simply got in on the act.
View Articlesooty
“Sitting directly across from the RV Park, in the middle of what seemed like barren wasteland, was the brand new Ronald Regan Elementary School” Shouldn't that be Ronald Raygun Elementary School?
View ArticleMaynard
I was born in the early 80's, grew up in Chowchilla, and not at all surprised to see it in it's current state. I could tell something was wrong the year I left college, and home prices were doubling...
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