Both California and Massachussets have come hat in hand to the government asking if they can borrow money on the same terms as the banks are allowed to borrow them. Why? Because the market for debt has dried up, and they can't float new bonds. Mass is set to try again this week, assuming that TARP works, but if it doesn't, well...
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In this blog I will document America's decent into Fascism as it happens.
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3-12-2026
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