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Religion & Law

: Constitutionally Correct

California bond woe bodes ill for states

By Alliance Alert

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Wall Street Journal: "America's strapped states and cities took another hit Wednesday, with California seeing tepid demand for its latest bond sale and other governments pulling about $700 million worth of borrowing deals this week as investors continued stepping away from the municipal bond market."

Full post as published by Constitutionally Correct on November 18, 2010 (boomark / email).

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