[henkster]

Alaska’s financial problem may not be limited to one year; right now it might be structural. Alaska can dip into reserves this year, and maybe next year, but in three or four years the reserves will be gone. Palin will have to take a hard look at next year’s budget, but I have confidence she will handle the situation well.

There are probably 40 other states that wish they had Alaska’s problem. There are a lot states that are seriously upside down and don’t have any reserves to fall back on. They are in a situation where years of structural deficits in the time of plenty have now put them in the hole.

[FreeAtlanta]

And then, there is the National Debt. Unfortunately, we don't have a way to stop Congress and the President from getting us deeper and deeper upside down.

Vote? Yeah, like that does any good when so many nitwits out vote the informed voters. :-(