They would be forced to either increase borrowing, cut programs, or increase their local taxes in order to remain solvent. 

Oil is used to pave roads, make plastics, produce solvents and other chemicals.

If your contractor is not financially solvent enough to start the job without a huge deposit, it's probably not a contractor you want to be working with.Having said that, I have no problem paying for progress or even working in bonuses for better than scheduled progress, so most contractor's I've worked with like working with me.

One thing to make sure you do is check to see if the association is financially solvent.

The market here in pierce county is going up presently but remember, the market can turn irrational and stay irrational longer than you can stay solvent.

It's held up very well and it's bright white even after 8 years, although I do have a small chip in the tub now (probably related to my 3 year-old).However, the urethane contains some nasty solvents.

At $950 for gross rent, you only have about $300 to $325 available for debt service (PI) if you want this to be solvent, produce a profit and build minimal reserves.

This coverage is very cheap and can keep you solvent if you were depending on your asset's revenue to pay the mortgage.  

Never use harsh solvents or cleaners though.

So, how is "bailing" AIG out any different or less expensive than simply allowing them to fail; having their parts bought by other solvent companies; and having the government spend hundreds of billions on the collateral damage?