Posted on 03/10/2012 4:36:36 AM PST by blam
Wait until this reaches critical mass at the state level. Then you’re really going to see the fur fly.
States like California going bankrupt.
The federal government going bankrupt.
Socialism doesn't work.
The U.S. federal government going bankrupt with 17 trillion in debt and exploding every second. Obama has added thousands per working family with it's 5 trillion borrowed.
And the liberal media says the economy is improving. But they are lying . The economy will collapse and Obama’s 5 trillion debt will ensure that. When or if it gets elected again then it will add 3 times that.
The company I worked for wanted to build an asphalt storage and load out plant on city property in Stockton. The property was a former Army base with rail access and a good highway in.
By the time the state air board, the county zoning board and the neighborhood “association” got done working us over, we built the thing in Reno.
The cities can’t go broke!
Not as long as taxpayers still have checks in their checkbooks! The unions just have to steamroll those grubby selfish teabaggers to pay up for what “they” promised...
sarc
Another example why government (socialism) at any level can never work.
We need to get rid of most of these government agencies at all levels of government, starting with the IRS and the EPA.
Reagan was right when he said in his Inauguration address: “Government is not the solution to our problems : Government is the problem” :
http://www.youtube.com/watch?v=6ixNPplo-SU
Gingrich , better Palin should become president. Hey Sarah run now , we kinda need you ok? It's ridiculous that liberals and the liberal media want to elect Obama so badly and they want government( and debt) to keep growing .
Oh, but they do! The Marxists need you in the cities for easier control and that is what is behind the need for gasoline to get to $8 a gallon. That way more and more people will be forced to move back into the city to use public transportation. They can't have all us bitter clingers out in the sticks with our guns and bibles don't ya know.
I heard him and he would be one of the voices I was referring to :-) I believe this gentleman was black as well, which makes it all the more significant .... and why Obama had to just start a group called ‘African-Americans for Obama’.
On a lighter note (sort of) saw an anti-Obama bumper sticker:
“The bro has to go!”
Because about everything the left is pointing to as signs of a recovery are just the results of the government pumping astronomical amounts of “borrowed” money into the economy. Trouble is, as soon as the government money disappears so do the signs of recovery. We can’t live forever on imaginary capital. There’s a hard rain gonna fall.
Ours just announced it’s bankrupt but that has more to do with the idiots running it. Sorry to say, can’t blame Hussein for this one.
Those are all lagging indicators../s
I don't know, but it can't happen soon enough.
On a 29-day month, to boot.
The month of May coming up may beat that.
The cities are mega-communes, and those who love them are called "Communists".
See the Thomas Jefferson quote in my tag line. Says it all.
Oh sure you can, and we will. As the pork and federal revenue sharing gets cut, blue states and cities will stop getting bailed out.
Let their filthy bureaucRAT infrastructures crash.
It was pointed out, back when she made her prediction, that only cities with disastrous finances would want to declare bankruptcy, because if they have any money at all left, servicing their debts are usually far preferable, and only cost a small amount.
Looking at those cities that have declared bankruptcy, you will note that each of them had such a disaster independent of everything else. For example, Jefferson County had just an insanely huge obligation from a ridiculous water project that few counties in the US could afford.
Like a US Army private who shows up driving a Trans-Am he bought on credit with his enlistment bonus, you know that this is not going to work.
Very few cities are that bad off.
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