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California Debt Rush (5-18-10) E-mail
Tuesday, 18 May 2010 00:00

California - long known as the 'Golden State' - our left coast neighbors got their jump start with the 1848 California gold rush.  They've been on the cutting edge of progress ever since - to a point it's been long said that as California goes, so goes the nation.  Let's hope not, because the harmful potentials of today's California debt rush dwarfs the Euro-crisis in Greece. Under the leadership of Super-RINO Arnold Schwarzenegger and Democrat Super-Liberals - things are so bad that IOU's are being issued for tax refunds.  California is the world's 8th largest economy, but it has a credit rating lower than Kazakstan.  Though it's barely a whisper in the wind - California is heralding the demise of liberal bias toward unions, special interests, and those wishing to live off the labor of others.  High taxation; government entitlements promising something for nothing; failure to enforce immigration law; borrow and spend policies; and stifling state bureaucracies are killing the bear that laid the golden eff.  We can only hope that bear doesn't fall on the rest of us on the way down...

Hi, this is conservative candor and I'm Dr. Carl Mumpower...

 

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