Wednesday, May 12, 2010

Another Milepost on California's Descent

Businesses continue to flee California with news of a big blow coming today. All these foofy liberals and unionized government workers are going to look around one day and all the people with money are going to be gone and they are going to wonder who will write their next paycheck or pension check. At some point the check won't be in the mail.

2 Comments:

Blogger Unknown said...

How do you suggest shorting California?

1:48 PM  
Blogger Donny Baseball said...

hard to do without undue risk. Maybe an ETF like CMF or PWZ. best to just avoid it. I like TBT which is the mother of all shorts - the US federal government which will be on the hook for Califonia, NY, NJ, Illinois and whoever else.

3:16 PM  

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