Should The U.S. Government Bale out California?

Discussion in 'Politics' started by JamesMorrison, Oct 31, 2010.

  1. JamesMorrison
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    JamesMorrison Senior Member

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    There are 3 states whose profligate spending and generous deals with public employees put them in danger of bankruptcy: NJ, NY, and CA.

    NJ has started to address its spending problem with Gov. Christie, NY has yet to address it but come next year perhaps the new Governor will do so but CA is arguably worse off then both of them for two mains reasons. Its noble attempts at inexpensive higher education, generous benefit package for state employees, its own Cap and Trade and other public spending promise to deliver them unto penury. Second and probably more importantly is the very mindset of leftist dependency on the government shared by a significant amount of the CA electorate. If the populace has become so dependent on public spending and subsidies that the dreaded tipping point of no return to personal responsibility has been reached, should the rest of America bail them out? Would doing so present moral hazard writ large?

    JM
     
  2. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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    Considering they are about to put Moonbeam back in office... I'd say they don't learn.

    So....NO.
     
  3. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Hell no California shouldn't be bailed out. That would be political suicide for any politician (outside of California) who even went along with something that absurd.

    We'd all be better off if that whole state just fell into the damn ocean already.
     
  4. LiberalNut
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    LiberalNut Member

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    Do you know why the conservabots called Brown "moonbeam"? This is a riot. Back in the early 70s, Brown had this whacked idea that we should like, get this, put a ring of, Omigod, I'm giggling when i think of it, satellites around the planet. LOL! Yeah, the idiot thought it would be a good idea to "beam" communications signals off these sattelites and thereby, what a moron, have near instantaneous global communications!

    Can you believe it? No wonder the neanderthalls calling themselves conservatives came up with a cute derogatory name for the man!
     
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  5. Annie
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    Annie Diamond Member

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    Sounds like a verb to me?

    vb
    1. (Life Sciences & Allied Applications / Agriculture) to make (hay, etc.) into a bale or bales
    2. to put (goods) into packages or cartons
    3. Austral and NZ to pack and compress (wool) into wool bales See also bail out

    Yep, bale it up and ship it out.
     
  6. The T
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    The T George S. Patton Party Supporting Member

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    Should The U.S. Government Bale out California?

    NO.

    And the word is BAIL.
     
  7. Annie
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    Annie Diamond Member

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    Well considering satellites had been around since the 50's, and lunar in the 60's, the name fits.
     
  8. Douger
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    Douger BANNED

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    They have Hay ? or is it Hey ?
    murkin. :cuckoo:
     
  9. The T
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    The T George S. Patton Party Supporting Member

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    *
     
  10. Meister
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    Meister VIP Member Supporting Member

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    Of course not, it was their wreckless spending and policies that got them into this mess. They have shown that they won't change their "spots" if they were to be bailed out. Ca. has a unique group of liberals that doesn't understand financing.
    So not just "no", hell no.
     

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