Tuesday, July 26, 2011 2:23:16 PM
I got a stink'n feeling we might just see it soon. And I'm thinking weeks. 2 weeks.
I'm live in a small town outside Birmingham Alabama's city limits. All in the county of Jefferson. Jefferson lost $3.5BB in Municipal bond funds. We want bankruptsy bad. We want to know where the money went. We know the Mayor who chaired the County Commission head while the county lost these funds is behind bars today.
Why is this big? This will be the largest Bankruptsy in American history. This will down grade our credit rateing and allow wallstreet that holds these failed bonds to allow the Federal Government to absorb the loss. They cover the Bond loan to wallstreet. Its all in the deal to buy votes while the wool is still down over the dumasses eyes. This will down grade the Federal Government about the same time the debt ceiling doesn't get raised. The taxpayer has been screwed enough. All thats left now is the crying.
I'm working dry powder free to bone up on my gold stocks.
Funny how this debt ceiling has become mainstream conversation. I mean to those that give a crap. Some in our society doesn't care what happens, we just keep them propped up for another month.
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