Pittsburgh bonds are junk

Joe · Post by **Joe** » 2003-10-15 04:38pm

http://www.post-gazette.com/breaking/20 ... 1015p3.asp

Yikes. What the hell is up in Pittsburgh?

Gil Hamilton · Post by **Gil Hamilton** » 2003-10-15 04:46pm

Durran Korr wrote:http://www.post-gazette.com/breaking/20 ... 1015p3.asp

Yikes. What the hell is up in Pittsburgh?

Heh heh heh... yeah... our city has serious money problems. The problem is that mayor Murphy doesn't know the meaning of the word budget and likes doing things like building new stadiums and getting rid of popular small businesses for large businesses that no one is going to want to go to in downtown. So, we are in a budget crisis.

TrailerParkJawa · Post by **TrailerParkJawa** » 2003-10-16 03:58am

I was listening to "Money Talk" with Bob Brinker on the weekend. Someone called to ask if California's bond market would collapse. He did not seem to think so, I do not pretend to understand bond markets but I suppose the same would hold true for Pittburg. Worst case the federal govt bails them out.

Gil Hamilton · Post by **Gil Hamilton** » 2003-10-16 10:59pm

TrailerParkJawa wrote:I was listening to "Money Talk" with Bob Brinker on the weekend. Someone called to ask if California's bond market would collapse. He did not seem to think so, I do not pretend to understand bond markets but I suppose the same would hold true for Pittburg. Worst case the federal govt bails them out.

Mayor Murphy sacrifices a bottle of Heinz ketchup and a Clark Bar twice a day to the gods in hopes that the Federal Government will bail his ass out.

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Pittsburgh bonds are junk

Pittsburgh bonds are junk

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