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Jobless rate reaches 9.8% in September
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<blockquote data-quote="island1fox" data-source="post: 611300" data-attributes="member: 4816"><p><img src="/community/styles/default/xenforo/smilies/FeltTip/sad-little.png" class="smilie" loading="lazy" alt=":sad-little:" title="Sad Little :sad-little:" data-shortname=":sad-little:" />Municipal Tax free bonds</p><p>This could actually be another topic --but I will toss it into the stock discussion. For those of you who have worked hard and retired --beware of the RE-DISTRIBUTION of wealth. </p><p>What I am referring to was the treatment the corporate bond holders of GM--Obama stepped in and called them greedy for not accepting pennies on the dollar ---He made sure that GM was propped up and also took care of the UAW. Unfortunately other unions and individuals that had invested retirement funds into GM bonds --took a real deadly hosing. Wealth was defintely redistributed.</p><p>What I believe you will see next --led by very LIBERAL states --can anyone say CALIFORNIA --they will soon declare bankruptcy----Billions and billions of muni bonds will not be paid off -----and from there ---that will be the beginning of the real end.<img src="/community/styles/default/xenforo/smilies/FeltTip/dead.png" class="smilie" loading="lazy" alt=":dead:" title="Dead :dead:" data-shortname=":dead:" /></p></blockquote><p></p>
[QUOTE="island1fox, post: 611300, member: 4816"] :sad-little:Municipal Tax free bonds This could actually be another topic --but I will toss it into the stock discussion. For those of you who have worked hard and retired --beware of the RE-DISTRIBUTION of wealth. What I am referring to was the treatment the corporate bond holders of GM--Obama stepped in and called them greedy for not accepting pennies on the dollar ---He made sure that GM was propped up and also took care of the UAW. Unfortunately other unions and individuals that had invested retirement funds into GM bonds --took a real deadly hosing. Wealth was defintely redistributed. What I believe you will see next --led by very LIBERAL states --can anyone say CALIFORNIA --they will soon declare bankruptcy----Billions and billions of muni bonds will not be paid off -----and from there ---that will be the beginning of the real end.:dead: [/QUOTE]
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Jobless rate reaches 9.8% in September
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