maybe we can get a line on Intrade or something...
Posted on 05/13/2010 6:00:36 PM PDT by blam
15 Scary Reasons Why It's NEW YORK That's The Next Greece
Since April 1, the state has operated on week-to-week emergency spending bills Source: Businessweek
Gus Lubin
May. 13, 2010, 9:29 AM
Unprincipled speculators -- as Greece PM Papandreou called them -- may want turn their attentions closer to home.
New York faces a fiscal crisis, with a balanced budget six weeks overdue. An ongoing stalemate will damage the state's AAA credit rating. Your best chance to short the Empire State is next week when $510 million of bonds go on sale.
New York could be as screwed as California and that is scary.
Click here to see why >
[snip]
(Excerpt) Read more at businessinsider.com ...
My money is on CA crashing first. I wonder if there is a betting pool on that in NV.
Interesting that all of the commie hell hole states are the ones in the crapper.
I’m with you on CA. Let me know if you find a pool . . . I think we’ve got the smart money on this one.
Especially now that I’m paying for food stamps for felons.
My state income taxes were double my fed.
We would all be better off if NY did go the way of Greece. Someone needs to knock some sense into their mush-filled skulls.
Are you ready for the riots? They'll be different than those in Greece.
But how can that be? Kaleefornia has a “republican” governor. I just don’t understand.
I think that they will crash in quick succession. Who owns the bonds? I’m thinking they probably own a disproportionate share of each other’s bonds.
Yes. The Greeks have stones. We have guns.
Mayor Bloomdimbulb is allowing a mosque to be built adjacent to the site of the twin towers.
As far as I am concerned, I no longer give a smelly Obama about New York.
They deserve what they get.
As soon as they hang EVERY liberal, I’ll have concern for them.
And that’s as in “hang until dead and buried”.
I think there will be one or two more euro piigs to fall before california or NYC fall into the abyss.
The solution is simple, since, the blue states have run out of money make the red states pay for them.
You know it is coming.
Cloward Piven
>The solution is simple, since, the blue states have run out of money make the red states pay for them.
At that point we’re being taxed w/o representation.
Yes, you COULD claim that having senators & representatives give one representation; but then, the British claimed that the House of Commons gave the colonies representation too.
They may both go down in close succession...I just think CA is more precarious.
As for who owns the bonds...any bets that unions might? And if so, I bet Obama bails out the union investments.
Wow New Jersey is moving on up.
I knew they’d get the last laugh over the Big Apple.
maybe we can get a line on Intrade or something...
>Are you ready for the riots? They’ll be different than those in Greece.
Hell yes, I’m ready. - I’ll be cheering them on.
Burn it to the ground.
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