Five Democratic governors are pleading the states' case to Barack Obama, seeking a bailout package that would include $250 billion for education and $150 billion in middle class tax cuts.
After bailing out Wall Street and the U.S. auto industry amid warnings of a deep recession, Uncle Sam now is being asked to chip in $1 trillion over two years for states facing severe budget shortfalls.
I wouldn't expect anything less from those five governors...
I'll bet they don't get it. Not because Obama wouldn't necessarilyapprove it, but because it won'tget through Congress anytime soon. There's already too much on the Democrats' federal plate.
I didn't even open the link, but I would be willing to wager that they are already 5 of the states with the highest taxes. We are going to have to pay for their sorry butts without even living in those states.
C. Davis
__________________ Am I greedy because I don't want to give you what is mine?
or
Are you greedy because you want to take what is not yours?
What does it matter where the money goes. Right now a lot of it goes outside the country and many have stood on the roof tops and said spend it here. Now that they might some say "not that state". LOL
Just come out and say it plainly "I'll take it in ten's and twenty's"
I rememeber when Bush gave us a cut and the states took that opportunity to siphon it off from the people. Were did it go? It happened under my then Republican governor. Best Democrate the states ever had. [:@]Our now Democrate goveror made it possible for people to shoot to kill those who would be attacked and ask question later without threat of prosecution. [8D]Go figure. It's quit possible Ohio is one of them. Yippy!Ten's and Twenty's baby! Thank you very much.
Yep, that non-Democrat Ahnold CA Governator is readying his big request for a bailout.
Yeah...and I hope darn well he does not get crap....here in California, they need to grow up...if they do get bailed out, it will be business as usual...Arnold and the state congressmaybe should try balancing there own checkbooks, before the states.
California needs to be divided into 2 states to survive...IMO
__________________
Bowtech Destroyer 350,Elite XLR, Crimson Talon 125's and NAP Bloodrunners also 125 Grim Reapers
Personally, I think all bailouts should be associated with a substantial ownership stake in the organization seeking the handout. Clearly, if their leadership isunable to maintain solvency and/or self-sufficiency they need a controlling paternal leadership exerted over them to compel them to break their infantile habits and practices. I would apply this to states as well.
For state governments, the message is clear: spend no more than you bring in as revenue. When your revenue declines, so must your spending. The idea that they can just go begging to the federal government to ask the tax payers of the other states to pay the way for their state is pretty preposterous.
Next Federal Bailout...
