Hopefully, you'll excuse me for this ...
Said in my best Groucho voice:
So, if California defaults, does that mean there's less danger of it falling
into the ocean? :)
On a related note, I found this to be scary:
http://www.cbc.ca/money/story/2009/11/27/world-markets-fall.html
Dubai, the country where everyone is rich, is about to default on $60 billion
US. Strangely, announcing that they're about to default, means they owe less
as that devalued the US dollar. But, the price of oil also dropped, so they
most likely are less able to pay. The Yen gained strength over the dollar
which is not what they want because it hurts their exporting ability. My
brain hurts! Thank goodness I don't have money to invest. :)
Robert Duquette
Ottawa ON Canada
1965 RHD BRG Austin-Healey Sprite ( project )
1967 RHD MG Midget ( aka: Miss Marple )
1955 Austin-Healey 100 BN1 ( aka: Carmen )
> From: rdavies1@cox.net
>
> You're probably right. I did say it was illegal :-(
>
> Ron
>
> PS not only do have no money, we are about to default.
>
> _____
>
> From: Curt/Nancy Arndt [mailto:cnaarndt@gmail.com]
>
> Ron,
>
> Maybe the local California cops but NOT the CHP (California Highway
Patrol.)
> In case those of us who live in California have forgotten, the state has no
> money. Tickets for license modification are a money generator for the state
> and the CHP is just looking for any infraction. I for one would not give
> them the opportunity.
>
> Twenty years ago Gordon Brockman and I were towing the 100M that I found in
> Orange County back to his shop in San Diego. The car had sat for 20 years
> in storage and hadn't been registered. We were using a tow dolly and since
> the rear wheel were on a public highway the CHP officer who pulled us over
> gave Gordon a ticket for which he then owed back registration, licensing,
> ticket fee and fines to the tune of $1,600.00! That's back when CA had
> money, we're broke now.
>
> Cheers,
>
> Curt
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