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Thread: Now California wants their own 7 billion dollar bailout

  1. #1
    Moderator jdmyprez_deo_vindice's Avatar
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    Default Now California wants their own 7 billion dollar bailout

    Yep... The State of California is set to ask for a 7 billion dollar bailout soon......

    http://www.telegraph.co.uk/news/news...it-crisis.html



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  3. #2

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    Maybe if we stop doling out money to people who are here illegally and other wasteful public services we wouldn't be in this mess.

    Fix your budget instead of asking for more money Mr. Schwarzenegger. It's not up to the other 49 states to bail you out.

    By asking for this money, and the Fed printing it out of thin air, it makes living more expensive for everyone else.

  4. #3

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    Many Californians like to brag about how their economy is bigger then most countries in the world. They can't like seeing their state play the role of beggar.

  5. #4

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    Why doesn'tCalifornia think up cutting government spending? I hope they go broke.

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    Default yeah

    If California gets the money than the other 49 states are going to start lining up.

  7. #6

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    Seriously. Michael Savage said on Friday that CA could save about $15 billion by cutting off public services, especially medical services, to illegal aliens. On top of that, I heard another statistic that CA's tax revenue has shrunk about 10% over the past few years because high-income earners are moving to more tax friendly states. What does the government here expect to happen when they charge huge taxes and then spend those taxes in ways that the taxpayer does not approve? When will they get it?

  8. #7

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    It's all busllshit, but the precedent has been set.

    If investment bankers are worthy of $700 Billion, then surely the state of California, and its 30 million+ citizens are worthy of $7 Billion.

    And the automakers are worthy of $25 Billion.

    And the airlines are worthy of *BLANK* Billion.

    And the toy wooden arrow manufacturers are worthy of...





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