tag:blogger.com,1999:blog-4263762637946594105.post5629991662461692382..comments2023-10-30T09:03:07.163-07:00Comments on California High Speed Rail Blog: Upcoming Public Rail MeetingsRobert Cruickshankhttp://www.blogger.com/profile/06906581839066570472noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4263762637946594105.post-28645098248349071622009-04-24T00:12:00.000-07:002009-04-24T00:12:00.000-07:00Id take the train down but I have volunteer work s...Id take the train down but I have volunteer work sat. Damn I always miss these meetings.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4263762637946594105.post-15736854008267086362009-04-23T20:10:00.000-07:002009-04-23T20:10:00.000-07:00I'm itching to take a long train trip but the end ...I'm itching to take a long train trip but the end of the semester is so far away. I've got to write a paper on why the Japanese economy sucks now. It's practically done so the weekend will be spent proofreading and obsessing over it until I finally turn it in on Monday.<br /><br />Maybe I'll take the Surfliner somewhere tomorrow after class. AGR is offering double points right now.Spokkerhttps://www.blogger.com/profile/03244298044953214810noreply@blogger.comtag:blogger.com,1999:blog-4263762637946594105.post-88515260715265212862009-04-23T20:09:00.000-07:002009-04-23T20:09:00.000-07:00This comment has been removed by the author.Spokkerhttps://www.blogger.com/profile/03244298044953214810noreply@blogger.comtag:blogger.com,1999:blog-4263762637946594105.post-88544030913265138852009-04-23T19:06:00.000-07:002009-04-23T19:06:00.000-07:00Crickets.
Did everyone else have the Thursday fro...Crickets.<br /><br />Did everyone else have the Thursday from hell or was that just me?<br /><br />I'm going to be shuttling between Monterey, San Jose, Sacramento, and LA between now and Monday. I could sure as hell use a SUPERTRAIN right about now...Robert Cruickshankhttps://www.blogger.com/profile/06906581839066570472noreply@blogger.comtag:blogger.com,1999:blog-4263762637946594105.post-45983481494992555292009-04-23T09:59:00.000-07:002009-04-23T09:59:00.000-07:00@ Andrew Bogan
With money market accounts paying ...@ Andrew Bogan<br /><br />With money market accounts paying almost nil in interest, and other places to park funds paying much much less, there will be a market for California bonds; but at a stiff price.<br /><br />The Feds are subsidizing this issue with a yield of about 7.43% to the buyers, but at a cost of 4.83% to the State. <br /><br />Look at:<br /><br /> <A HREF="http://www.marketwatch.com/news/story/Treasurys-decline-Calif-sells-69/story.aspx?guid=%7B3024B779-1753-4D19-B24A-5048A58C2F79%7D" REL="nofollow">WEB LINK</A>for information.<br /><br />Prop 1A information gave examples of the bond cost based on 4%interest cost to the State. Unless the State gets its act together it is going to be closer to 6% in interest costs, not 4%.Morris Brownnoreply@blogger.comtag:blogger.com,1999:blog-4263762637946594105.post-90897774800476938372009-04-23T09:28:00.000-07:002009-04-23T09:28:00.000-07:00Off topic, but if anyone is interested in the impr...Off topic, but if anyone is interested in the improving investor market for municipal (ie State of California) bonds to fund infrastructure repair and construction, take a look at today's Wall Street Journal:<br /><br /><A HREF="http://online.wsj.com/article/SB124044391346145497.html#mod=testMod" REL="nofollow">Muni Market Takes Heart From Success by California</A>It is not entirely clear to me why investors are suddenly so enthusiastic about California municipal paper, but they are.Andrew Boganhttps://www.blogger.com/profile/02476018138604522417noreply@blogger.comtag:blogger.com,1999:blog-4263762637946594105.post-6971968687550800182009-04-23T07:46:00.000-07:002009-04-23T07:46:00.000-07:00I would love to go, I'm just down the street at US...I would love to go, I'm just down the street at USC, but sadly, I have class, darn.Alex M.https://www.blogger.com/profile/04082494097195214427noreply@blogger.com