Why no investor commentaries on the precipitous declines in NAV share prices in September and especially October 2008 to date? I lost several thousand dollars in Franklin mutual fund FCAMX as well as in other Franklin tax-free funds! I am outraged because FCAMX holds triple AAA rated quality California municipal bonds. Where is the outrage of other Franklin/Templeton investors? Cmon people, wake up, smell the coffee and express your total outrage at Franklin's mismanagement of FCAMX and many of its other funds! When I called Franklin Investments after a 27 cents NAV drop in FCAMX, Franklin was just as incapable of providing a reasonable explanation as was my WAMU broker. WHAT IS GOING ON IN FCAMX and the other Franklin Federal and State tax-free bond mutual funds??? SOMEONE with knowledge please ANSWER!!!