To: Torie
Me too. Is he borrowing FROM the retirement accounts, or is he borrowing FOR the retirement accounts?
Either way, it's a sign that we as a state are headed for default. Most of the private money in the state will leave rather than face the massive tax increases required just to service the $58B in loans. Our budget deficit larger than the Federal deficit on an aggregate population basis.
To: monkeyshine
Our budget deficit larger than the Federal deficit on an aggregate population basis.Do we count the illegals or just the taxpayers?
To: monkeyshine
Have the Pubbies layed out in detail what they would do, or are they just carping?
17 posted on
08/18/2002 11:27:42 AM PDT by
Torie
To: monkeyshine
Is he borrowing FROM the retirement accounts?Yes. The retirement accounts are "loaning" the state their participant's money.
To: monkeyshine
I guess they want to loot everything of value before they turn the state over to Mexico. They will feel more at home that way. Poverty and corruption.
36 posted on
08/18/2002 9:19:51 PM PDT by
willyone
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