Municipal bankruptcies aboout to soar

Please don't tell me you didn't see it coming. I've been handing out these pamphlets for a couple years.

http://finance.yahoo.com/taxes/article/108866/muni-threat-cities-weigh-chapter-9?sec=topStories&pos=4&asset=&ccode=

The Euro, the British pound sterling, the USDollar will take a beating--in fact, almost every paper currency will be affected. In addition to municipalities, California, Nevada, Illinois, Michigan, New Jersey et. al, defaulting on their debt obligations cannot be good for the USDollar, much like debt problems in Greece, Spain, Italy, and Portugal have not been good for the Euro.