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

To: WesternPacific

>>This $135 million is close to the local Guam government’s operating deficit and needed amount to balance its budget. What is interesting is the Supreme Court just decided a case that went against Guam’s governor wish to borrow large amounts of monies. This government will be declared bankrupt in the near future and the US taxpayers will have to bail it out anyway.<<

But its not clear that this money would go to the government in Guam - I think its additional money. But you make a good point about the size of the amount.


53 posted on 05/08/2007 9:49:05 AM PDT by gondramB (God only has ten rules, uncle Hank, and he has a much bigger house.)
[ Post Reply | Private Reply | To 51 | View Replies ]


To: gondramB

Anything going to Guam will go through the local Government somehow. The local gov. will set up a department to validate people’s claims for the money. Same thing happened when the Feds. allowed Fed. controlled land to go back to the locals.


54 posted on 05/08/2007 10:00:12 AM PDT by WesternPacific
[ 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