Posted on 05/13/2010 6:00:36 PM PDT by blam
15 Scary Reasons Why It's NEW YORK That's The Next Greece
Since April 1, the state has operated on week-to-week emergency spending bills Source: Businessweek
Gus Lubin
May. 13, 2010, 9:29 AM
Unprincipled speculators -- as Greece PM Papandreou called them -- may want turn their attentions closer to home.
New York faces a fiscal crisis, with a balanced budget six weeks overdue. An ongoing stalemate will damage the state's AAA credit rating. Your best chance to short the Empire State is next week when $510 million of bonds go on sale.
New York could be as screwed as California and that is scary.
Click here to see why >
[snip]
(Excerpt) Read more at businessinsider.com ...
What's new.
Most of the low-life SOB's are just representing themselves.
Believe it or not, there are millions of us still here in NY who hope the damned place goes bankrupt, too. It's the only way we'll ever break the grip of our union-overlords and their enablers the Democrats.
He tried being a republican once but it didn’t work. I do think Arnold thought he could take on the state employees’ & other unions as well as the unelected regulating bureaucracy but he couldn’t move them. So he gave up & became a libtard instead.
Remember when we got Arnold, we were throwing out Gray Davis.
Hard to imagine Meg Whitman being able to stand up to anybody either.
The state needs a Chris Christie.
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