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Ryland Group Inc. Message Board

  • sageappraisal sageappraisal Jul 1, 2009 12:25 PM Flag

    Be afraid...

    Bottomline: the 8th largest economy in the world is in default and the market is up. Just so you know, issuing IOU's is a default. Trying it with your taxes you have to pay to California. Better yet send one to you bank for a mortgage payment. this could spin out of control very quickly. Meanwhile Mr "we won the election" talks about lightbulbs and saving the world. His popularity will fade very quickly if the economy spins out of control.

    Unreal. Market rallies while California implodes. Oh I forgot, this is America anything is possible. The question is:

    Is it just me or is Gibbs one of the sadest Press Secretaries you have ever seen? Reminds me of the guy that was Sadams, Press Sec., Bagdad Bob or whatever they called. He is so bad I expect a hook to come out from the side of the screen most of the time. I wish this whole affair was a bad dream but it isn't. We reap what we sow as a society.

 
RYL
34.83-1.02(-2.85%)Jul 30 4:04 PMEDT

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