Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: FairOpinion
As long as the democrats remain in power in the legislature, nothing is going to get done. Our only hope is that this debt bond passes along with spending limits. Then come next november we can hopefully take over the legislature. If we cannot get control of the legislature, then California will have to go bankrupt.

Now there are a lot of positives to a bankruptcy. First of all if California goes bankrupt then all the state pension contracts and state employment contracts that are eating up more and more of our budget every year can be cancelled and renegotiated. The purse strings would be taken away from the hippie democrats and put in the hands of a receiver who would not be politically tied to any specific interests, so the receiver could make the necessary fiscal cuts that no politician would ever attempt.
53 posted on 11/20/2003 10:19:13 AM PST by P-Marlowe
[ Post Reply | Private Reply | To 1 | View Replies ]


To: P-Marlowe
Our only hope is that this debt bond passes along with spending limits.

Or else that it loses by a very convincing majority (55+% against), and makes the Dems spit up the Kool-Aid.

54 posted on 11/20/2003 10:20:24 AM PST by Poohbah ("Beware the fury of a patient man" -- John Dryden)
[ Post Reply | Private Reply | To 53 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson