Municipal debt market analysts are keeping a close eye on the finances of local governments in California out of concern that some could use fiscal emergency declarations as a way to speed Chapter 9 filings to attempt to shed financial obligations.
They used tax money to buy votes, they held their political post, and now they have spent everything and then some. What’s the answer? More taxes! Blame Bush! More government!
There is nothing like a politician who lives in an alternate universe where consequences don’t exist. Barry makes sure that the sequester will be as painful as possible, yet he’s not going to participate in the “painful” cutbacks. He makes expensive trips using money this nation has to borrow:
President Obama is coming to Colorado to highlight the state’s gun control push as he tries to convince Congress to tackle the issue.
Obama is scheduled to come Tuesday. The White House says the president will meet with law enforcement and community leaders to discuss the gun control package signed into law by Gov. John Hickenlooper.
Protein Wisdom has a nice way of juxtaposing the economic choices. Flying this useless man to read a teleprompter is very expensive. Throughout this nation, bankruptcy is the status of many government entities from the municipal level, through the state, and right up to the federal level. If I ran my home economy like the government runs its affairs, I’d lose my home and everything else. The day of reckoning is coming, it is only a matter time. Money just doesn’t grow on trees. That’s hope and change for nation of idiots.