Will the US Bail Out California?

[Faeelin]

So, now that Californians have firmly expressed a desire to continue to have something for nothing, there's talk of giving California's government twenty billion in federal aid.

Anybody seriously think this won't happen?

[Valmy]

Sure the Federal Government can use its massive budget surplus.

[Faeelin]

Sure the Federal Government can use its massive budget surplus.

Oh, I see what you did there.

[The Brain]

What kind of faggot runs California anyway?

[Caliga]

What kind of faggot runs California anyway?

Hasta la vista, baby. 

[Ed Anger]

What kind of faggot runs California anyway?

A non native born faggit.

This is why we can't have nice things.

[alfred russel]

I have no idea what will happen, but any federal funds should come with rather harsh consequences.

I posted a while back an analysis seeming to show that California's debt problems are not that bad compared to other states--on a per capita basis California seems to be about middle of the pack. The problem is they imposed on themselves a legislative process that makes it almost impossible to cut spending or raise taxes, and a constitutional requirement to balance the budget. I don't think the state is insolvent so much as it passed a bunch of silly constitutional amendments that tied its hands, and now can't write checks even though the money is there to do so.

[Faeelin]

I have no idea what will happen, but any federal funds should come with rather harsh consequences.

The problem is that I can't see how you force the harsh consequences.

"We won't give you the money unless you pass a constitutional amendment..."

Hrm.

[alfred russel]

I have no idea what will happen, but any federal funds should come with rather harsh consequences.

The problem is that I can't see how you force the harsh consequences.

"We won't give you the money unless you pass a constitutional amendment..."

Hrm.

Isn't half of the money of most state budgets from the feds? Why not just take their road funding and use it for their debt service (or some similar type of arrangement)?

[Warspite]

This is what happens when you let economic girly-men get in the way of fiscal orthodoxy.

[Ed Anger]

This is what happens when you let economic girly-men get in the way of fiscal orthodoxy.

This is what happens when we let naturalized citizens have power.

[DGuller]

This is what happens when you let economic girly-men get in the way of fiscal orthodoxy.

This is what happens when we let naturalized citizens have power.

What power?

[HVC]

This is what happens when you let economic girly-men get in the way of fiscal orthodoxy.

This is what happens when we let naturalized citizens have power.

What power?

Power to Vote. Damn Mexicans!

[Berkut]

California is too big to fail!

Maybe Obama can buy it, "reorganize" and then give it to the state employees union.

[derspiess]

The problem is that I can't see how you force the harsh consequences.

We could knee-cap Jaron & grabon.