Posted on 11/04/2010 9:50:03 PM PDT by dangus
YES, what YOU SAID!
I'm sure you saw the election results on Tuesday.
Bailouts aren't happening anytime soon. Period.
Those voters don’t even understand the concept of government debt - to them, government is just a big stash of money and there is always plenty for everybody - except when the mean old Republicans get elected and try to keep it all for themselves.
The GOP House should turn off the spigot and force the Democrats in those states to do what the Left always presses Republicans to do: to raise taxes or make heavy cuts to programs for the dependent class.
Then sit back and watch the fun begin!
An easier proposal is to simply let the state go through the insolvency process. ALL contracts are thrown out to include pension obligations. Assets are sold off and day to day functions continue. I’d enjoy reading that many bureaucrats who thought they’d retired with pensions and benefits worth $1000/week or much more will instead be wards of the pension benefit guarantee corporation.
Those blue states were red until the 2000 election. I still consider them red in color and Red politically as well as being in the red financially.
NO.
“Those voters dont even understand the concept of government debt”
No they don’t, even worse most of them college degrees.
The MSM is going to go berserk if there is no bailout. Pass the popcorn.
Let’s hope the tea party infusion will stiffen some house spines.
I don’t want to bail ANY of them out!!
The House needs to pass reverse mandates on the states. One mandate might be that if a state’s per capita debt exceeds X then the state doesn’t get anymore federal money. Treat the states likes businesses - if they go into debt - they get their federal credit card cutoff. Everyone who doesn’t work for the gov’t or live in one of these benighted states will instantly understand the need for this because they’ve had to do it themselves.
That’s about the best summary of the lieberal view of government spending I’ve ever read. There’ just no thought that the money has to come from somewhere and could in fact run out. Government is their god.
The assets of every public official in the state who led it to its current condition should be relieved of all assets, together with all his/her heirs. Too many of them and their family members became wealthy by abusing the public trust. Let those ill-gained assets revert to the state to assist in the bailout.
When asked about the reasons that people in these states reelected these liberals, a political commentator said that these states tend to be more secular and socialistic (entitlement dependent). The sad part about these states is that they depend upon the red states to support them financially. States that live within their own budgets will be forced by the federal government to bail out these states. If there was ever a argument for state’s rights, this would be a good one. Red states should not be fleeced by the blue ones. Let them suffer.
Holy crap! Alabama's gonna starve!
These are almost all high productivity, high income states. They can withstand a higher debt load.
What we want is for them to hit the wall and start demanding a reduction in Federal taxes.
We want Atlas to shrug.
Sadly, in California, Republican leaders tried to campaign to the left of the Democrats and the result was disastrous. While the rest of the country was celebrating historic Republican gains (including a net gain of at least 61 U.S. House Seats, 6 U.S. Senate Seats, 680 state legislative seats, 19 state legislatures and seven governors), the statewide Republican ticket in California imploded and Republicans actually lost a legislative seat in the Assembly. Republicans nationally now hold more state legislative seats than in any year since 1928, except in California were they hold fewer than at any time since 1978!- - Rep. Tom McClintock (R-CA4), November 4, 2010
Wow!
California is in better shape than I thought.
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