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California gets no bailout love from White House
Hot Air ^ | June 15, 2009 | ED MORRISSEY

Posted on 06/16/2009 12:28:25 PM PDT by RobinMasters

California hoped that their dire economic predicament might get enough sympathy from the Obama administration to get a GM-style bailout. Sympathy, the White House has in abundance, but not cash — at least not for self-indulgent states who don’t want to exercise some fiscal discipline. The White House finally drew the line on throwing cash at the insolvent:

(Excerpt) Read more at hotair.com ...


TOPICS: Business/Economy; News/Current Events; US: California
KEYWORDS: calbailout; calbudget
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To: RobinMasters

In case the liberal flakes in California, including their worthless governor, haven’t figured out our dictator, allow me to provide a clue. 0 believes California is an example of US imperialism and theft. His vision for California follows the La Raza plan to restore the Southwest to Mexico. As soon as he gets through giving Israel to Hamas, he will get to work on correcting our past sins.


21 posted on 06/16/2009 1:25:05 PM PDT by pallis
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To: RobinMasters

Obama knows that no matter what he does or does not do for CA, the state will go overwhelmingly for him in 2012.

So the money will get him nothing he doesn’t already own.


22 posted on 06/16/2009 1:26:11 PM PDT by randita
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To: randita

I agree that there is nothing for Obama to gain by bailing out CA, which is in the tank for him no matter what he does. He knows that any money he borrows for CA would be spent on freebies for illegals and other corrupt wastefulness and there is a slight risk that someone outside California might notice. Californians themselves are so jaded by the corruption, graft, and waste that they don’t even care anymore.


23 posted on 06/16/2009 3:06:06 PM PDT by gorilla_warrior (Metrosexual hairless RINOs for bipartisan-ness)
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