http://polhudson.lohudblogs.com/2008/11/13/credit-crunch-affecting-government-access-to-credit/ Political news in the Lower Hudson Valley, New York state. Fri, 10 Feb 2012 19:37:22 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://polhudson.lohudblogs.com/2008/11/13/credit-crunch-affecting-government-access-to-credit/comment-page-1/#comment-41793 THE CONSULTANT Thu, 13 Nov 2008 18:50:07 +0000 http://polhudson.lohudblogs.com/?p=6170#comment-41793 if government cannot borrow...and its tax revenues are going down...then are municipal obligations based on the full faith and credit of the entity issuing the bond going to default as well..in which case even people who invested conservatively will lose money if government cannot borrow…and its tax revenues
are going down…then are municipal obligations
based on the full faith and credit of the entity
issuing the bond going to default as well..in which
case even people who invested conservatively will lose
money

]]> http://polhudson.lohudblogs.com/2008/11/13/credit-crunch-affecting-government-access-to-credit/comment-page-1/#comment-41791 problems Thu, 13 Nov 2008 15:42:11 +0000 http://polhudson.lohudblogs.com/?p=6170#comment-41791 If the government is having problem with credit. We are all screwed. If the government is having problem with credit. We are all screwed.

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