Posted on 06/30/2020 9:56:59 AM PDT by 11th_VA
“Massive federal aid is the only real solution.”
Du Phuk you say.
If there is less demand for services, then throwing money to keep givernment employees on the payroll isn’t the solution.
Givernment needs to contract just like private businesses do when there is less demand.
You did yourselves and the citizens of this country by scaring everyone away from their offices.
All those employees not going into the offices of San Francisco will not be dining at restaurants in the ares nor shopping at retailers nearby.
Just say goodbye
Massive federal aid is the only real solution.
Isn't that what they always say?
Didn’t we all see this coming for 40 years now ?
We’ve been in the eye of the storm and the other side is teh ecoomic one.
And if they all get their bailout from the FedGov, expect massive price inflation. Hold on to your precious metals.
The federal government simply doesn’t have the money. Didn’t these idiotic localities have a rainy day fund for such events?
SPEND LESS. EVERY American family reality.
Listen to this wad of fk. He just declares out of state families subsidize their 6 figure pensions, political gluttony and illegal alien free-bees.
State finances are not unlike household finances. Wise people don’t live on debt and they prepare ahead for difficult days. That’s a bit too complex for collectivists.
As bad as it is and as bad as its going to get, not one puke politician in this nation will miss a paycheck. Why is that? Answer; Sheeple!
Except for my wife!
Gub mint employees might lose their worthless accomplish nothing jobs?
Oh my.
Maybe state legislatures can pass laws (or constitutional amemdments) allowing them to declare bankrupcy. Or just issue bonds.
bankruptcy
“when they started locking down, that if we cannot buy and sell, produce and consume, work and receive wages”
The slowdown is caused by government regulations.
Keep in mind come November that ultimately government is we voters.
Partisan Media Shills update.
Something to watch closely - and could drastically affect the precious metals markets.
Inside The Biggest Counterfeit Gold Scandal In Recent History - 30 June 2020
It's not just the current salaries.
It's also the pensions. Billions upon billions in state pensions.
Very, very, very expensive pensions. Pensions that certain courts have deemed untouchable, but the reality is now that many states don't have the money to pay them. At all.
That could crash the whole shebang.
COVID-19 will turn the state pension problem into a fiscal crisis
Those who are trying to defund police departments may get their wish. As well as fire departments, schools, roads, prisons, etc., etc.
Yep. I saw that. People forget that tungsten weighs almost exactly the same as gold and China has been cladding it with real gold and selling it as real gold for well over a decade. That’s why I’m not a fan of gold. Junk silver is my precious metal of choice, or very small gold coins.
And if we don’t get many more people to vote Republican, the various levels of government will tax us all to death next year.
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