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To: Kaslin

“Investors better pick their municipal bonds carefully, because some major hits are on the way.”

After the GM debacle where Obama unilaterally broke 200 years of law and picked the Union as the winner, I’m astonished there IS a bond market.


2 posted on 09/18/2013 5:34:47 AM PDT by Gen.Blather
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To: Gen.Blather
After the GM debacle where Obama unilaterally broke 200 years of law and picked the Union as the winner, I’m astonished there IS a bond market.

Maybe there are a lot of institutional investors with an inside track, or at least think they do.

3 posted on 09/18/2013 5:36:56 AM PDT by St_Thomas_Aquinas (Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: Gen.Blather
"After the GM debacle where Obama unilaterally broke 200 years of law and picked the Union as the winner, I’m astonished there IS a bond market."

You and me both, my friend. And no one ever talks about it, ever.

4 posted on 09/18/2013 5:40:52 AM PDT by Former Proud Canadian (The IRS--a softer Gestapo)
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