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Moody's warns it may cut California's debt rating
LA Times ^ | 1/22/09 | Tom Petruno

Posted on 01/22/2009 9:23:11 AM PST by NormsRevenge

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To: NormsRevenge

socialism eventually collapses in on itself. The idiots on the left don’t see it because they hate democracy so much.


21 posted on 01/22/2009 11:09:14 AM PST by AngelesCrestHighway
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To: Frantzie
They will ask for a bailout but the country will go broke if they think we can just keep bailing things out.

The U.S. is already broke... over 60 Trillion dollars in debt, our credit rating WILL be downgraded later this year, just as many Euro Countries have already... and the Treasury printers just keep on printing...

22 posted on 01/22/2009 12:59:45 PM PST by AvOrdVet ("Put the wagons in a circle for all the good it'll do")
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To: GOPJ

Louisiana was Baa1 in the 90s. We’re slowly crawling out of liberal fiscally irresponsible behavior. Welcome to the barrel.


23 posted on 01/22/2009 5:54:10 PM PST by Bogey78O (Don't call them jihadis. Call them irhabis. Tick them off, don't entertain their delusion.)
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To: Bogey78O
Welcome to the barrel.

I live in Florida - but your "welcome to the barrel" is truer for us than I'd like to think...

24 posted on 01/22/2009 6:29:33 PM PST by GOPJ ("A consensus of 100 scientists is undone by one fact." - - Einstein (take that Al Gore))
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To: NormsRevenge

Bye, bye California. I’ll always remember when you were a good state. Oh, to have good credit as good Spain or Portugal or Italy or Greece... We can only dream.

So, has anybody started a California bankruptcy count down clock yet?


25 posted on 01/22/2009 7:33:51 PM PST by Freedom_Is_Not_Free
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To: Carry_Okie
Maybe it's getting time to hold another FREEP of Sacramento on the north steps of the Crapitol again... We'd need the help of a few radio stations/talk hosts and lots of good righteous conservative FReepers!!!

How bout Bill Jones can win??? (grimace)

26 posted on 01/22/2009 10:42:09 PM PST by SierraWasp (The Jim Jones of the 21st Century is now POTUS!!! Watchout for that GatorAid!!!)
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