View Full Version : California's Destructive Green Jobs Lobby
California's Destructive Green Jobs Lobby (http://www.socraticnews.com/ArticleDetails2.aspx?article=1945)
Silicon Valley, once synonymous with productivity-enhancing innovation, is now looking to make money on feel-good government handouts.
Brian4Liberty
11-16-2010, 12:31 PM
What a sad State.
They can't print money, but they can borrow it. And who underwrites, sells, bundles and profits from this debt? Goldman Sachs, JP Morgan, etc...
At the same time, California's state Treasurer entered bond markets to sell some $14 billion in "revenue anticipation notes" over the next two weeks.
May be Fed can create some phantom money and buy those bonds.
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