Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
So, given the fact that a huge portion of Obama's national constituency is in California (55 electoral votes) who seriously believes that this administration will let the state go bankrupt? Not me!
Provided that this does actually happen, what would you all think about it? How do the many contributors of this forum feel about a potential federal bailout of the golden state?
Obviously the Europeans aren't mincing words with what they think is going to happen.
You're welcome- I normally disagree with their economic outlook but they have been a voice of reason when discussing the amount of taxpayer dollars the US is pissing away.
Provided that this does actually happen, what would you all think about it? How do the many contributors of this forum feel about a potential federal bailout of the golden state?
I should think a Federal "bailout" of an entire state would be difficult to get approved. It'd set a precedent...and then you could count the days (if not the hours) until the other 49 make cases for their bailouts, as well.
Much of the spending is related to Education, Medicare, Law Enforcement, and Health and Safety. Where is the fat in these valuable services?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
