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- #21
Talking about CA's budget shortfall is wonderful, but hey, let's talk about CA's looming public pension monster....
Part of the entire problem we face as a country today is legacy cost
For the love of God why those deals where made and why in Gods name we bailed out the UAW and let them keep right on with the same legacy cost is ming boggling
Thats an easy one to figure JR.
The politicians made the deals in return for the backing of the Unions.
Of course by the time these legacy costs rolled around the original politicians were out of office in most cases.
They didn't give a rats ass what the taxpayers in their States would be paying.
It was all about getting the backing of the Unions at election time.
you hit a home run there. You take all of the unions and add all of the minorities and put a dose of wacko in there and you have the very thing thats wrong with this country, it is how we could elect Obama
Do not mis understand me, the GOP has got blood on there hands also. you got to believe there are some trying to stop the bleeding
with Obama in there it is his intent for us to bleed, run up the debt, raise taxes on every-one and blame it on Bush
Never let a crises go to waste
Stimulus
50% tarp and then ram thru Obama care
1.4 trillion dollars of new spending with no way to recover 95% of it in months
revenues are down and here we go