I bet you it will get bailed out. The only chance that it won’t is if Bachmann can pull together her Constitutional Conservative caucus and have them block it.
**I bet you it will get bailed out. The only chance that it won’t is if Bachmann can pull together her Constitutional Conservative caucus and have them block it.**
Bailing out CA will open the door wide to bail out other states. NY and CA alone could bring the economy to it’s knees, and bring down the whole thing. Give them ONE dollar, and they will demand trillions more. Every special interest group, pension, union, and government office will have their hands out, and the bailout will be expected EVERY YEAR moving forward.
NY and CA may need to be sacrificed, to save the whole.
It’s an ugly truth, but there is no saving either. Republicans, had they won in either state, faced unsurmountable issues. They would have failed.
Let them sink, let the Dems take every ounce of responsibility they deserve, default, and start over. Break every union contract and pension. Then, they might have hope.
I got out of CA last year. I love CA, but I can’t afford it, and I saw the writing on the wall. I fear for my friends who remain. It is going to be ugly on the ground everywhere in the state. I fully expect marshal law or troops in the streets within a year. Any company with an ounce of sense will get out, now. Those that remain, will be driven out of business. Oakland and major stretches of LA are one riot from complete chaos, and there will be no new police added under Brown.
Pelosi, Boxer and Brown can have CA. Anything good was used up or driven out years ago. Get out, now, before it’s too late.
**I bet you it will get bailed out. The only chance that it won’t is if Bachmann can pull together her Constitutional Conservative caucus and have them block it.**
Bailing out CA will open the door wide to bail out other states. NY and CA alone could bring the economy to it’s knees, and bring down the whole thing. Give them ONE dollar, and they will demand trillions more. Every special interest group, pension, union, and government office will have their hands out, and the bailout will be expected EVERY YEAR moving forward.
NY and CA may need to be sacrificed, to save the whole.
It’s an ugly truth, but there is no saving either. Republicans, had they won in either state, faced unsurmountable issues. They would have failed.
Let them sink, let the Dems take every ounce of responsibility they deserve, default, and start over. Break every union contract and pension. Then, they might have hope.
I got out of CA last year. I love CA, but I can’t afford it, and I saw the writing on the wall. I fear for my friends who remain. It is going to be ugly on the ground everywhere in the state. I fully expect marshal law or troops in the streets within a year. Any company with an ounce of sense will get out, now. Those that remain, will be driven out of business. Oakland and major stretches of LA are one riot from complete chaos, and there will be no new police added under Brown.
Pelosi, Boxer and Brown can have CA. Anything good was used up or driven out years ago. Get out, now, before it’s too late.