From a news story on Yahoo...
California's planned sale of revenue anticipation notes to fund its short-term cash needs is at risk from the uncertainty gripping financial markets and the U.S. government's lack of response to it, state Treasurer Bill Lockyer said on Wednesday.
"Basically no credit is available -- zero today," the treasurer of the most populous U.S. state told Reuters in a telephone interview, underscoring the urgency of California's borrowing difficulties.
All part of a grand scheme to rip off the American taxpayers, right?
Meanwhile both Ford and Chrysler reported sales declining over thirty percent last month BECAUSE PEOPLE CAN'T GET FINANCING!
So we have the Federal Reserve, the U.S. Treasury, the European Central Banks, the State of California, Ford, Chrysler, and just about every bank and insurance company involved in this. There must be like....what....twenty or thirty million people in on this conspiracy to FAKE a credit crisis?
Uh...yeah....
Yeah....no crisis at all...