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06-24-2009, 12:56 AM #1
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Why Obama Has to Bail Out California, But Won't
Why Obama Has to Bail Out California, But Won't
[quote][color=darkred][b] [size=150]“When the Obama administration decided to bail out GM, it did not have 49 other car companies standing in line behind it. A bailout for California would establish a profound precedent. If Washington decided to underwrite Sacramento this year, it would be on the hook to do it every year. And how could the White House or Congress say no to any other state that couldn't bring itself to balance its own books? â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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05-03-2024, 11:30 PM in General Discussion