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01-31-2012, 06:31 PM
| #1 | |
| Fly on the wall  Join Date: Oct 2011
Posts: 79
Liked: 37 times | From the MUNICIPAL's File... Cali is out of cash in March! Quote :
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02-01-2012, 05:46 AM
| #2 |
| Golden Cockroach  Join Date: Oct 2011 Location: In Scrooge McDuck's vault
Posts: 1,926
Liked: 467 times | Aren't they currently operating on loans? In reality, they ran out of cash a while back. Now they are running out of credit. dereksatkinson and ancona like this.
__________________ The journey of a thousand miles begins with a single step. - Lao Tzu Do you have something to say about what I posted? Register and let your voice be heard. |
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02-01-2012, 05:53 AM
| #3 |
| PM Bug Supporter   Join Date: Nov 2011 Location: Waaay south
Posts: 1,084
Liked: 343 times | I think they should rummage under the couch cussions.....surely there must be some change there?
__________________ All things being equal, the simplest answer is quite often the correct answer - Occam |
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02-01-2012, 08:07 AM
| #4 |
| Moderator  Join Date: Oct 2011
Posts: 570
Liked: 166 times | They are running out of credit because they put forward a false budget to get the extended credit they now have. That only lasted 8 of the projected 12 months. Now.. who the hell is going to buy their debt this time? |
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02-01-2012, 08:12 AM
| #5 | |
| Golden Cockroach Join Date: Oct 2011 Location: In Scrooge McDuck's vault
Posts: 1,926
Liked: 467 times | Originally Posted by dereksatkinson  :
 dereksatkinson and bushi like this.
__________________ The journey of a thousand miles begins with a single step. - Lao Tzu Do you have something to say about what I posted? Register and let your voice be heard. | |
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02-01-2012, 08:51 AM
| #6 |
| PM Bug Supporter  Join Date: Nov 2011 Location: Floyd, Virginia
Posts: 760
Liked: 396 times | Makes you want to wallbash.gif |
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02-01-2012, 02:32 PM
| #7 | |
| Moderator Join Date: Oct 2011
Posts: 570
Liked: 166 times | Originally Posted by DCFusor :
 It wouldn't be so bad if it wasn't so damn true. | |
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