PowerShares Insured National Municipal Bond (ETF (AMEX:PZA)

kurtdabear (79.22) Submitted: 1/27/2011 2:50:20 PM : Start Price: $20.79 PZA Score: -19.98

PZA is another municipal bond disaster waiting to happen as unfolding fiscal facts make liars out of the deniers. Things will be even worse in state and local government finances than most people can imagine. During the last depression, huge anti-tax groups formed, and cities like Chicago sufferred "tax strikes" in which tens of thousands of people refused to pay property taxes in protests over tax increases. The government had neither the manpower, nor the will, to combat all those home owners and seize the delinquent properties. As a result, tax increases actually led to lower revenues and municipal defaults snowballed. This has already begun happening today: Maryland saw tax revenues decline after they passed a high-income surcharge, and high earners fled the state in droves. Governments that can't get money can't make bond payments.

SaintCroix (98.34) Submitted: 12/28/2010 7:47:51 PM : Start Price: $21.10 PZA Score: -14.95

I'm shorting all the municipal bond ETFs I can find. Public sector unions (police, firefighter, teacher) are driving too many cities into default on their debts. It's a disaster waiting to happen.

bammerone (31.94) Submitted: 3/27/2009 5:09:31 PM : Start Price: $18.79 PZA Score: -28.49

Just moved some of my real sidelinecash out of a MM account and put into this MUNI ETF and another DIV ETF. better than earning .50%

bigbenjewell (99.55) Submitted: 4/5/2008 10:26:19 AM : Start Price: $19.90 PZA Score: -27.70

U.S. stock bull 3/17/2008.