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Not_Bill_Oneil

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Not_Bill_Oneil

Re: None

Wednesday, 01/16/2008 12:56:33 PM

Wednesday, January 16, 2008 12:56:33 PM

Post# of 708
Some other related problems...

not getting a lot of attention yet, but, they are there.

Municipal bonds and the effects on them from the rating agencies and insurers which are in trouble. The declining state tax coffers especially here in California and other states hardest hit - just from the large hit on property taxes (empty homes). Etc.

A economic cascading effect starting in these areas as well.











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