Time to start HANGING CONGRESSPEOPLE!!!!!!!!!!!!!!!
Remember, readers, U.S. Banks Driving Credit Crunch ON PURPOSE!
"Lawmakers, governor to slice own budgets; Deeper cuts, layoffs loom in next round" by Matt Viser, Globe Staff | October 3, 2008
Beacon Hill leaders are responding to the damage inflicted on state coffers by the national financial crisis, which is shrinking tax revenues and has hobbled credit markets, making it very difficult for the state to borrow. A new Wall Street bill in the US House is expected to ease credit markets - if it passes.
Then again, it MAY NOT!!!!
Also see: Mass. Economy at the Mercy of Wall Street as it Borrows Itself Into Oblivion
State Treasurer Timothy P. Cahill earlier this week delayed floating a $750 million revenue bond until next week, when he is hoping markets will calm. "We're treading water," he said. "I want next week to be normal." --more--"
Only if that damn bill passes!
