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Politics Nothing goes with politics quite like crying and complaining, and we're a perfect example of that.

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Old 07-06-2009, 05:24 PM   #1
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Default Just wondering...

How does a State like California end up being in debt for $24 billion and just now making a big deal about it?? Why not try to make a change at $10 billion or $5 billion?? Or just wait until they are up to $50 billion??
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Old 07-06-2009, 06:17 PM   #2
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Default RE: Just wondering...

I wonder what would happen if all of the California citizens, that actually do pay taxes, just start writing the state IOU's like the state is.

If California is $24 billion in the hole how in the hell will it ever be able to repay all of those IOU's it is writing to all of its citizens and contract workers?
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Old 07-07-2009, 02:30 AM   #3
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Default RE: Just wondering...

Kalifornians literally believe that it's possible to have your cake and eat it too, after awhile the voodoo math that appears to make that work smashes into reality. Socialism and capitalism are not compatible, and never will be.
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