THE FED HAS SPOKEN: NO BAILOUT FOR MAIN STREET

http://www.webofdebt.com/articles/nobailout_mainstreet.php

"the Fed has now delivered its ultimatum: there will be no “quantitative easing” for municipal governments."

So listen to the below and realise municipal defaults big time is on it's way..

The Coming Municipal Crisis
http://intheendwerealldebt.blogspot.com/2010/12/coming-municipal-crisis.html