Posted on 05/12/2010 1:53:40 PM PDT by blam
WOW: California Now One Of The Top 10 Government Default Risks In The World
Gus Lubin
May. 12, 2010, 4:36 PM
Per the credit default swap market, California cracked the top ten for highest default risks yesterday -- overtaking Iceland and Iraq (via Ed Harrison):
[snip]
(Excerpt) Read more at businessinsider.com ...
Unfortunately, my son is a resident of LA county.
Ship your illegals to California ...
Arizonians should thank their lucky stars over severing business ties with California.
If CA goes, where does that put WA and OR? I noticed over the last 10 years traveling in the west that a whole lotta CA were selling out and moving out. Maybe they knew something we didn’t.
Over taking Iraq....Way to go Awnuld!
I got news for CA, most of the illegals leaving AZ will go to CA. Stupid and getting stupider.
It appears the Union gansters running are CA are worse than the real mafia since CA had a higher default risk than Sicily.
Are you going to boycott FreeRepublic.com?
When Lebanon is in better fiscal shape than you are you know you are doing something wrong.
>Ship your illegals to California ...
South Park did it with their homeless:
http://www.youtube.com/watch?v=xMsr0cLnQPI
Rest assured, in CA, the same crooked pols that bankrupted the state will be voted back in.
Nah. That's why I used the word most.
They better leave their crappy socialist politics behind, or the same mess with follow them.
Obviously Free Republic is a Californian product you still enjoy!
Yup....since 1999.
Welcome to Socialist Kalifornia.
Don’t worry Calif.
The Baraqqis can print enough money to keep everybody going for a long time to come - at least until Nov 2012.
(I’m so glad to have a 5% mortgage fixed for 30 yrs, LOL)
Yeah, outstanding work gov'na.
The worst is how liberals attempt to blame the free market for the housing crisis, when CRA was forcing companies to give loans to unqualified buyers. Obummer solution? MORE REGULATIONS
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