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I'm waiting for S&P to rate all Kalifornia Bonds to pay for Electricity used by whining and free loading socialists/communists last year as a Zulu ranking or a Zero. Of course those whining and free loading socialists/communists are the bulk of the sheeple who vote for the Rats in every Kali election at least twice.

Then, the most crooked Rat in politics today will force his pet lap dog, Cal Pers to buy up these bonds.

Notice we haven't heard a single word about these upcoming porking junkers in weeks.

The un noticed kiss of death for bad bonds either Edison or Kali came out last month. These are the 4 efunds of bonds that are sold on the stock exchange like stocks. (SHY, ITF, TLT and LQD by Goldman Sachs, the latter for the top corporate bonds. If you ain't in LQD, your bonds be junk.

With all that has happened on Wall Street re exposure of Rat practices and Arthur Andersen accounting, these funds represent the beginning of the end of the Wizards of Oz, the bond guys, playing games behind the screen with funds. Transparency instead of the bond mumble jumble will start to take over. The mumble jumble artists will go to jail and help clean Martha's pans and pots if they try to present an Edison bond or a Kali bond as a good deal in the new market.

The mumble jumble artists will go to jail and help clean Martha's pans and pots if they try to present an Edison bond or a Kali bond as a good deal in the new market.

LOL! The only bonds these people will be buying will be bail bonds!

The irony is sweet here. Thanks to the "recession", power prices are down or flat in the rest of the US. But California will be paying premium prices for the next twenty years.

I haven't heard anything on the Kali bonds since the beginning of July.

"The mumble jumble artists will go to jail and help clean Martha's pans and pots if they try to present an Edison bond or a Kali bond as a good deal in the new market."

IMHO, Martha's a 'saint' compared to Hillary, but apparently not 'anointed'. Some 'insiders' get all the breaks.