Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Ten States That Cannot Pay Their Bills
24/7 Wallst.com ^ | 1-11-2012 | Michael B. Sauter, Charles B. Stockdale, Ashley C. Allen

Posted on 01/11/2012 8:04:38 AM PST by blam

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-63 next last
To: dartuser

Personally I think the whole red blue game is played out. 2008 was eons ago in the political sense. Here in Michigan the GOP ran the table in 2010 and the democrats didn’t pick up a single seat above the county level. We took the Governor’s race, Secretary of State, Attorney General, 2 supreme court seats, both houses of the legislature and took the majority of US reps from Michigan with two house wins.


41 posted on 01/11/2012 9:12:50 AM PST by cripplecreek (Stand with courage or shut up and do as you're told.)
[ Post Reply | Private Reply | To 36 | View Replies]

To: Tenacious 1

Good idea. But how did you manage to spell Illinois three different ways in one post? ;)


42 posted on 01/11/2012 9:16:27 AM PST by exit82 (Democrats are the enemies of freedom. We have ideas-the Dems only have ideology.)
[ Post Reply | Private Reply | To 22 | View Replies]

To: blam

Except North Carolina, thry’re all hard blue or RINO states. No conincidence there.

Anybody understand what’s happening in NC?


43 posted on 01/11/2012 9:17:06 AM PST by dools0007world
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Where’s New Hampshire spending their money? A ‘union’ state by any chance?


44 posted on 01/11/2012 9:19:24 AM PST by GOPJ (`3dI)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dools0007world

NC had a Dem controlled legislature for 100 years until last year.


45 posted on 01/11/2012 9:29:22 AM PST by csmusaret (The only borders Obama has closed is a bookstore.)
[ Post Reply | Private Reply | To 43 | View Replies]

To: basil

It’s odd New York is not on there...it’s gotta be number 11 or 12...


46 posted on 01/11/2012 9:35:31 AM PST by IMTOFT (At least I'm enjoying the ride...)
[ Post Reply | Private Reply | To 7 | View Replies]

To: basil
Apparently the politicians that are elected up there are doing you in.........

I want you to know that we have the best politicians money can buy!

47 posted on 01/11/2012 9:42:43 AM PST by Boston Blackie
[ Post Reply | Private Reply | To 31 | View Replies]

To: basil
I’m sorry that you are losing people due to high taxes.

I have NO USE for New England...just an unfortunate victim of circumstance, and hope to be out of here ASAP. I encourage all other conservatives that aren't tied to a house or some such to get out before the tax burden gets worse...and it will.

Apparently the politicians that are elected up there are doing you in...

Thank G-d I didn't vote for any of them...RINO/DEMO central...nearly FIFTY THOUSAND went out yesterday to cast a vote for Obama AGAIN in the Dem primary. They bring it on themselves; but they seem to like it.

Go figure.

48 posted on 01/11/2012 9:43:40 AM PST by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
[ Post Reply | Private Reply | To 32 | View Replies]

To: Jordo

Every state except Vermont has either a statutory or constitutional requirement for a balanced budget.

http://www.politifact.com/texas/statements/2010/dec/25/john-cornyn/sen-john-cornyn-says-49-states-have-balanced-budge/


49 posted on 01/11/2012 9:50:17 AM PST by Straight Vermonter (Posting from deep behind the Maple Curtain)
[ Post Reply | Private Reply | To 30 | View Replies]

To: Boston Blackie

-—And it looks like you are getting what you pay for....LOL!


50 posted on 01/11/2012 9:53:03 AM PST by basil (It's time to rid the country of "gun free zones" aka "Killing Fields")
[ Post Reply | Private Reply | To 47 | View Replies]

To: blam

Excepting Arizona — most of these are northeastern states. How many have dimocrat governors?


51 posted on 01/11/2012 9:55:51 AM PST by Salvation ("With God all things are possible." Matthew 19:26)
[ Post Reply | Private Reply | To 1 | View Replies]

To: basil

Wrong, the people who bought them get everything they want. Its a great system unless you’re one of the dreaded private sector working stiffs.


52 posted on 01/11/2012 9:59:13 AM PST by Boston Blackie
[ Post Reply | Private Reply | To 50 | View Replies]

To: blam

their figures fot CT don’t seem correct. perhaps someone here can correct me if I’m wrong, besides CT managed to fill the gap by raising taxes and employee concessions.

I mean CT spends bad enough, but if you’re wrong this much, what else are you wrong about?


53 posted on 01/11/2012 10:05:38 AM PST by camle (keep an open mind and someone will fill it full of something for you)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Straight Vermonter

Thanks for the link.

It seems that most of the “requirements” either lack enforcement mechanisms, are ignored, or are too vague to effectively cause budgets to be balanced.

One snippet from the link:
The report adds that “two points can be made with certainty. Most states have formal balanced-budget requirements with some degree of stringency, and state political cultures reinforce the requirements.”

Evidently “some degree of stringency” leaves a lot of wiggle room, since so few states balance their budgets each year.


54 posted on 01/11/2012 10:16:44 AM PST by Jordo
[ Post Reply | Private Reply | To 49 | View Replies]

To: csmusaret

“I hear it on TV news all the time. Every time a politician claims he balanced x number of budgets some pundit comes along and discounts it because “every state is required to balance their budget”.”

Ouch, that leads to a dilemma. Between the politician and the TV pundit, which one should you believe?

Trick question!

It’s best to assume BOTH are lying.


55 posted on 01/11/2012 10:18:53 AM PST by Jordo
[ Post Reply | Private Reply | To 39 | View Replies]

To: Tenacious 1; Cyber Liberty; WashingtonSource

California is among the highest in dollar value, but not by % annual state GDP. California’s constant budget shortfall is about $20 billion against a budget of about $85 billion, so about 24% of GDP. They are probably in 11th place.


56 posted on 01/11/2012 10:44:15 AM PST by Freedom_Is_Not_Free (Repealing Obamacare is the ONLY GOAL.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: libertarian27

WOW! Seems as though Chris Christie, New Jersey, is not balancing any budget — just maybe going deeper into debt.
Or is none of this his fault? Surely he won’t blame it on Bush.


57 posted on 01/11/2012 11:24:57 AM PST by winkadink (During times of universal deceit, telling the truth becomes a revolutionary act. George Orwell)
[ Post Reply | Private Reply | To 2 | View Replies]

To: exit82
But how did you manage to spell Illinois three different ways in one post? ;)

I am artistically liberal. In any liberal reality it is as I say when imagined in a sublime aurora of ideological freedom. If you can't find more than one way to spell Illinoisy and have others understand it, you are stupid.

:o) (heh?...Now waddya say?)

58 posted on 01/11/2012 1:45:28 PM PST by Tenacious 1
[ Post Reply | Private Reply | To 42 | View Replies]

To: Jordo
Can you point to even one state with a rigorous requirement in the constitution that the budget is balanced? I can’t think of any off the top of my head.

Indiana has a balanced budget now. Financially and socially, Indiana is doing great. Right to work might fix our schools too. Then we'd be smart and good looking for new business to settle. We need jobs in IN.

59 posted on 01/11/2012 1:51:09 PM PST by Tenacious 1
[ Post Reply | Private Reply | To 30 | View Replies]

To: dartuser

It’s wrong.

New York Times: http://elections.nytimes.com/2008/results/president/map.html

Arizona SoS: http://www.azsos.gov/results/2008/general/GEN-100.htm

CNN: http://www.cnn.com/ELECTION/2008/results/president/


60 posted on 01/11/2012 5:14:48 PM PST by FrogMom (There is no such thing as an honest democrat!)
[ Post Reply | Private Reply | To 36 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-63 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson