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To: Mr. K

“NO BAILOUT FOR CALIFORNIA!!!!!!”

I’ve posted maybe 10 different times re the inaccuracy of the common perception that California is so horrible from a financial perspective. First I’ll say that obviously we have almost unfathomable stupidity at play and we are paying the price but I still take offense at the misconception that the US should or should not bail us out. It’s our money. Per the most recent records, for roughly the last 50 years, California has had an enourmous credit balance with the federal govt. And by HUGE amounts. Something like 35 states are and have been on CA funded welfare and we have funded the federal govt to an extent not even approached by any other state. I’m also talking per capita. The gross $ amount is staggering. If we got our money back, we’d have more money than China. So please don’t suggest you shouldn’t bail us out (I actaully agree I’m just being arguementative) since it’s our money.


11 posted on 01/12/2011 2:21:07 PM PST by Bogeygolfer
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To: Bogeygolfer

You should have succeeded while youi had the chance. The other states are not as stupid as you guys lol


12 posted on 01/12/2011 2:49:17 PM PST by statered ("And you know what I mean.")
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