Posted on 06/19/2009 12:43:52 PM PDT by Kartographer
Moody's decision to place California's general obligation debt on alert for a possible "multi-notch" downgrade stunned state officials.
(Excerpt) Read more at reuters.com ...
Stand by for the bail out that everyone’s busy denying.
Should have been downgraded years ago.
stunned state officials?.....
They are stunned alright!... They don’t have a damn clue!
Wow.
Yeah, who could have seen that coming? Totally out of the blue, right?
lol
And not a single Republican lawmaker with enough guts to seize the opportunity to point out the obvious. Sitting there on the tee, waiting to be hammered out of the park, a perfect, real world illustration of the end results of liberal policies, but no Republicans willing to say a word.
I’ve seen Tom McClintock speak out plenty of times. Good luck getting the MSM to carry his remarks.
Hope you Californians are ready for some new and increased taxes. Say, isn’t that how Hoover diverted the Great Depression? [/s]
Any California ‘official’ who is ‘stunned’ by this report needs to be run out of office on a rail, preferably coated in tar and feathers.
I don’t know why this would stun them, they should have been expecting it.
The state is utterly mismanaged. Its the Socialism endgame. You can NOT tax businesses and high income earners to the point that they leave. Thats just the long and short of it. Business will either die, or leave, and fire employees.
Its time people GOT the damn lesson and STOP repeating it!
Liberals pushing unions who do work at 4x the market rate for 5-10 million illegals who do not contribute and send $25 billion back to Mexico when taxpayers foot the bill for services mandated by Marxist eco-whackos and lawyers who bet on the loser every single time...
Because most Republican politicians are for Big Government too.
Ouch.
Lots wife STUNNED by Salt.
Just more idiots “running” (or should I say “ruining” our country). We really need to vote out every single incumbent and then place term limits on all elected officials.
If McClintock or anyone else took the podium apart with a hammer, in a demand to be listened to, it would make the news. And the facts are, that’s what needs to be done, someone with enough guts to take the fallout from doing the extreme. We have no one, not yet anyway.
Poor babies got their Beber Stuned.
FRom bleak to ???
what a me$$!
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