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Muni Bond Sales Drying Up as States Face $42 Billion Shortfall ``The combination of the worst financial crisis since World War II and the collapse of the $330 billion auction-rate debt market will leave 41 states and the District of Columbia with shortfalls just as financing sources diminish.''

If you want to post your breastfeeding pics why not do it where it's welcome?

"I could never remember my passwords so I wrote them down. Then I ate the scrap of paper."

The term is "dynasty" not "monarchy".

http://www.youtube.com/watch?v=pkb_dvTjcIU
(economic growth must stay above 8% or unemployment could overwhelm the country causing "social unrest")

I suppose I could have done a better job of pointing out how this is a loop

banks don't lend -> consumers don't get credit -> consumer's can't shop -> businesses lose sales -> businesses fire people -> banks don't lend to unemployed -> (repeats)

Bank of Spain governor Miguel Fernandez Ordonez says: ``The inter-bank (lending) market is not functioning and this is generating vicious cycles: consumers are not consuming, businessmen are not taking on workers, investors are not investing and the banks are not lending.''

Plus falling income and sales tax revenues are affecting government spending.