California and New York are run by the unions. They’ve got budget deficits as far as the eye can see and they’ve got huge unfunded pension liabilities. They’re a mess and no one can fix them.
“They’re a mess and no one can fix them”
I’m sure the other states can, and will end up being forced to, do just that.
Au contraire. Someone is going to fix California. The plan is for the FED to buy California’s bonds as part of quantitative easing. No one has picked up on this. The Fed stated that they were going to buy bonds—but not limited to Treasuries. They’ll bail out New York too.
So, the rest of America gets stuck with the bill. Even though Obama can’t do it politically, the Fed can do it becasue there is no public accountability. Another reason the FED needs to be blown up. It is run by the big BANKSTERS like Citibank, Morgan, and Goldman. They make money without breaking a sweat—at our expense.
“They’re a mess and no one can fix them.”
Oh yes, the rest of us will be forced to bail them out.
“They’re a mess and no one can fix them.”
Your right about that, but then again, in their eyes your wrong.
See, that “fly-over” country they hate so much? They are depending on using the taxes from that part of the country, yes, the rhubarbs and knuckleheads, mouth breathers, and knuckledraggers.... to bail them out.
Just watch, we’ll get the bill. They’ll be p*ssin in our faces and tellin us its rain.
They are liabilities, at least CA, and should be sold off to Mexico to finance the wall on our border. I’m not sure if we could sell it, so maybe we can trade it for the cheap labor to build the wall.
CA is a white elephant, one we can no longer afford to keep.