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1 posted on 01/31/2014 3:39:07 PM PST by Rusty0604
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To: Rusty0604

On the other hand that is what they get for being stupid enough to buy bonds in a place like Detroit.


2 posted on 01/31/2014 3:40:39 PM PST by amnestynone (Lindsey Graham is feckless, duplicitous, treacherous, double dealing backstabbing Corksucker.)
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To: Rusty0604
So on the whim of the president(?)the property of municipal bondholders, and of some publicly traded companies (GM), can be confiscated in violation of the constitution.

I suspect the myRA rollout this week is connected. The message is to invest where your money is “safe,” in Obama’s stash.

Do I have it about right?

4 posted on 01/31/2014 3:44:51 PM PST by Jacquerie (Restore federalism and freedom. Repeal the 17th. Article V.)
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To: Rusty0604

And the Congress continues to fiddle while America, its laws, its Constitution and its protections -— continue to BURN. With impunity.


5 posted on 01/31/2014 3:45:50 PM PST by EagleUSA
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To: Rusty0604


6 posted on 01/31/2014 3:46:18 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: blam

Ping!


12 posted on 01/31/2014 4:46:55 PM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Rusty0604

Yes, bondholders and other investors will suffer the “haircuts” to come. But eventually, pensioners will, too.


16 posted on 01/31/2014 7:44:38 PM PST by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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