Money in the Morning

Small business owners -- ordinarily an optimistic group -- are joining the growing legions of doom and gloomers. via San Diego Source

[john k]

california got hammered! they said they don't need insurance on their municipal bonds. i guess there is absolutely, without a doubt, no risk. maybe some hedge fund will pile in, after all, its really not his money. he will still get paid, i'm sure, if they have an earthquake.