Sunday, January 9, 2011

Another One Bites The Dust

I'm afraid we will be seeing four or more cities/states defaulting on their obligations.

The city of Chowchilla defaults on a bond.

But at least one business is doing well...

"But his Brock Locksmithing has weathered the storm, meeting a frenzy of demand from lenders. "I'm optimistic," said Brock, 66, who was on his way out the door Thursday to re-key another foreclosed house for another bank. "But I think it's going to take a little while."

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