Comments on: Will Illinois Beat California To Default? https://calwatchdog.com/2011/02/19/will-illinois-beat-california-to-default/ Thu, 03 Mar 2011 21:00:02 +0000 hourly 1 By: r.j. daley https://calwatchdog.com/2011/02/19/will-illinois-beat-california-to-default/#comment-3963 Thu, 03 Mar 2011 21:00:02 +0000 http://www.calwatchdog.com/?p=13870#comment-3963 P R C interested in buying some Greek i.o.u.s/ building ports.
C Whalen sees Golden Gate st. , p i .i.g.’ s default.
brows: —> “West now borrows to pay interest, cant pay
off loans (unless some new cheap fuel is discovered).

]]> By: wreed https://calwatchdog.com/2011/02/19/will-illinois-beat-california-to-default/#comment-3962 Sun, 20 Feb 2011 17:13:37 +0000 http://www.calwatchdog.com/?p=13870#comment-3962 We have just purchased some bonds.

]]> By: David from Oceanside https://calwatchdog.com/2011/02/19/will-illinois-beat-california-to-default/#comment-3961 Sun, 20 Feb 2011 14:00:47 +0000 http://www.calwatchdog.com/?p=13870#comment-3961 Illinois state officials whispered they had confidence that pent-up demand from “non-traditional investors” would be attracted to Illinois bond sales. This is gov-speak for “Our friends in high places will take care of us.”

If the Federal Reserve buys up these junk bonds, it should become obvious to those who have not been paying attention that we no longer live in a Republic.

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