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Old 10-03-2008, 11:06 AM
 
Location: Hope, AR
1,509 posts, read 3,083,321 times
Reputation: 254

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Calif. may need emergency $7 billion loan - Economy in Turmoil - MSNBC.com
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Old 10-03-2008, 11:21 AM
 
Location: Los Angeles Area
3,306 posts, read 4,154,395 times
Reputation: 592
I live here and I wouldn't want to loan money to the state either = )
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Old 10-03-2008, 11:25 AM
 
Location: Fort Myers Fl
2,305 posts, read 3,028,315 times
Reputation: 921
Not the left coast. I thought they had it together out there.
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Old 10-03-2008, 11:36 AM
 
3,459 posts, read 5,792,396 times
Reputation: 6677
Can we just give it back to Mexico?
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Old 10-03-2008, 11:39 AM
 
Location: Chino, CA
1,458 posts, read 3,283,402 times
Reputation: 557
The alt energy credits just passed should spur some more investments in California. A lot of companies put projects on hold awaiting whether these credits were going to continue. Now more jobs can be created.

-chuck22b
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Old 10-03-2008, 11:39 AM
 
Location: Hope, AR
1,509 posts, read 3,083,321 times
Reputation: 254
no, we need it in Florida

Quote:
Originally Posted by sterlinggirl View Post
Can we just give it back to Mexico?
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Old 10-03-2008, 12:29 PM
 
12,867 posts, read 14,910,860 times
Reputation: 4459
the joke is on california now because the taxpayers are done paying!! we are all tapped out!
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Old 10-03-2008, 12:31 PM
 
1,658 posts, read 3,039,393 times
Reputation: 290
Now we know who the real criminals are, petition the Government to release all of the Mafia in prison!
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Old 10-03-2008, 12:39 PM
 
2,197 posts, read 7,391,808 times
Reputation: 1702
Well, why not give it to Arnold? Most of America and Mexico live in CA, and we're giving it to everybody else. It's only money. Ben and Hank can print more.
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Old 10-03-2008, 12:52 PM
 
Location: RSM
5,113 posts, read 19,760,647 times
Reputation: 1927
its not a bailout, its a shortterm loan. the late summer/fall season is when revenues are at their lowest, so we float loans to pay everything until the holiday season when we pay it back. its typical for any business that runs without much in savings like ours does. tax revenue isnt like your pay check. its not an hourly wage. it has ebbs and flows throughout the year
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