At the very least, fewer competitors in the business--and bond insurers would need to maintain the highest rating to stay in the game--would raise the cost of bond issuance for many smaller cities and make some projects too expensive to finance.

FORBES: Washington To Bond Insurers: Don't Expect A Bailout

There are no jobs without investment, so the easy answer is to reduce the cost of same through reduced capital gains taxes, and most important, the issuance of a stable dollar the value of which will be a magnet for capital around the world.

FORBES: Political Economy

Indeed, there is reason to hope that the trust may be able to trim debt through profitable property sales or issuance of new equity (which would benefit existing shareholders if diminished risk and lower interest cost can more than offset the impact of additional outstanding shares).

FORBES: Scoop Up This Bargain Hotel REIT That Packs A Big Punch