Sunday, October 05, 2008

Now the States Want Handouts Too: California and Massachusetts Put in Their Wish Lists

Well, well, well.

Now the states are lining up for handouts too, wanting the same kind of deal that Wall Street got. Two states--California and Massachusetts--want money as well.

The floodgates are now open; where will this end? And how many states will try to climb on this gravy train?

And I oppose bailing out the states. They should not be treated like banks; they need to make cuts to their budgets so they can operate within their means, just as the federal government must as well. The states need to start lowballing their expectations for monthly income so that they can budget responsibly.

All bills and debts eventually come due, and yet everybody wants the federal government to pay for everything, in the here and now. WE CAN'T AFFORD IT:





The Gross National Debt

Eventually the time will come where the federal government will have to crash it's own budget to pay what it owes to foreign banks; it's going to be really ugly when it does. This is no way to run a government.

This gravy train shouldn't leave the station or see the light of day. The states are responsible for their OWN budgets.

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