Wednesday, June 17, 2009

The Wall Street Tax On America - Screwing Our Municipalities

Since most of the readers of this blog are signed up via email or RSS feed, few of you probably hit the web site to peruse the link list on the blog. But, it is there for your wonderful pleasure.

I am just getting this up but it was a front page article on The Bond Buyer link a week ago. At a time when municipalities are under tremendous strain, it's good to know we can count on Wall Street to chip in and effectively extort more money from the American people by shafting municipalities. Not only that but the Federal regulators seemingly endorse it. I just can't wait for the Fed to be granted greater regulatory control. That'll be such a winner.
posted by TimingLogic at 3:01 PM