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Default Of Second Chinese Developer Sparks China Junk Bond Meltdown As Contagion Explodes

Default Of Second Chinese Developer Sparks China Junk Bond Meltdown As Contagion Explodes

BY Tyler Durden | ZeroHedge As we expected, Evergrande is only the first cockroach. With the world waiting to find out the fate of a $260 million bond issued by Jumbo Fortune Enterprises which is guaranteed by Evergrande, and which has no grace period so an event of default could take place as soon as this week (the […]

Evergrande Suspends Trading In All Bonds

Evergrande Suspends Trading In All Bonds

BY Tyler Durden | ZeroHedge Earlier today we pointed out that in what can (obviously) only be a remarkable coincidence, China’s largest, and most systematically important real estate developer, China Evergrande (and its $300+ billion in debt), collapsed on the 13th anniversary of Lehman’s bankruptcy filing, when Beijing told Evergrande’s creditor banks that the insolvent company, which […]

Evergrande Denies Rumors Of Bankruptcy As Crisis Boils Over, Social Unrest Breaks Out Across China

Evergrande Denies Rumors Of Bankruptcy As Crisis Boils Over, Social Unrest Breaks Out Across China

BY Tyler Durden | ZeroHedge China Evergrande Group, the largest and most indebted, and certainly most insolvent property developer in China, is – together with its $300+ billion in debt – rapidly approaching its “China moment.” Five days after reports of a technical default at Evergrande, which slammed China’s property market and sent Chinese junk […]

Post-Prop. 13: Why a likely winner may end up California election’s big loser

Post-Prop. 13: Why a likely winner may end up California election’s big loser

  . By Stephen Frank,  California Political News and Views The people have spoken.  Government education in California is a failure.  Part of Prop. 13 money was going to be used for colleges and universities.  Yet, the UC system allowed terrorists to close down the UC Santa Cruz campus this week.  Send your 8 year old […]

The Rio School District Wants to Thank the Rio Community for Passing Measure L

The Rio School District Wants to Thank  the Rio Community for Passing Measure L

The Committee for Caring for Rio Schools – Yes on Measure L would like to thank the Rio Community for passing Measure L. We are grateful that the Rio community has said yes to the needed improvements to local elementary schools in the Rio School District. Now all of Rio’ s nine schools can be […]

Brotherhood for a New Destiny | Men’s Conference, Saturday, June 16th 

Brotherhood for a New Destiny | Men’s Conference, Saturday, June 16th 

BOND is hosting its 9th Annual Men’s Conference, Saturday, June 16th!  These conferences are enlightening, entertaining and beneficial to men of all ages. This is our 9th year hosting this event, and this one is shaping up to be the best ever. Held at the BOND headquarters and moderated by BOND Founder and President, Jesse Lee […]

California State Treasurer John Chiang Statement on Approval of Housing Package

California State Treasurer John Chiang Statement on Approval of Housing Package

SACRAMENTO –  “California’s housing shortage has metastasized from a problem to a crisis to, now, a full-scale catastrophe. But with today’s approval of a $4 billion housing bond, a permanent source of funding, and regulatory reform to ease construction, we are making a meaningful down payment on providing a roof and four walls to every […]

Lawsuit demands California High-Speed Rail comply with voter intentions

Lawsuit demands California High-Speed Rail comply with voter intentions

By Kevin Dayton Young people calling San Francisco “home” in the fall of 2008 tried to leave an enduring legacy for future generations. Enough of them signed a petition to qualify a November 2008 ballot measure that would have snidely named a new city sewage treatment plant after President George W. Bush. (The measure failed.) […]

No White Leader Will Dare Stop Obama Now

No White Leader Will Dare Stop Obama Now

By Reverend Jesse Lee Peterson “Americans love to fight. All real Americans love the sting of battle.” – George S. Patton I’ve been warning white Americans for 25 years that they’re losing their country due to their fear of being called racists. And now we have a stone racist in the White House who is […]

The Bullet Train Is Like the Walking Dead

The Bullet Train Is Like the Walking Dead

By Jon Coupal Pop quiz. Which of the following statements is true? A. California High speed rail (HSR) will allow riders to travel between Los Angeles and San Francisco in about two and a half hours for $50. B. The total cost of HSR will be about $40 billion. C. About half the cost of […]