Article

2009-05-29 Economy

Calif. wants federal government to back its loans

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Posted by Deacon Blues 2009-05-29 00:00|| || Front Page|| [11128 views ] Top

#1 NO!

Posted by 3dc 2009-05-29 00:34|| 2009-05-29 00:34|| Front Page Top

#2 ...Good conservatives will be asking this: at what point will CA have lost its ability to determine its own finances?

Because at that point, they're a territory again. Read yer Constitution to see what that means...

Mike

Posted by Mike Kozlowski 2009-05-29 05:41|| 2009-05-29 05:41|| Front Page Top

#3 Oh, and a pony too. Revert to territorial status and lose your voting power in Congress till you 'reorganize'. Use the process that 11 Southern states had to go through to regain full status again.

Posted by Procopius2k 2009-05-29 06:53|| 2009-05-29 06:53|| Front Page Top

#4 Nah, Obama would never let precious California revert to territory status. He needs the electoral votes and Hollyweird campaign cash in 2012.

Posted by Cornsilk Blondie 2009-05-29 07:22|| 2009-05-29 07:22|| Front Page Top

#5 California is a vivid example of what happens when Democrats control every facet of government. The rest of us should look long and hard at California and then look at Washington.

Posted by rwv 2009-05-29 08:25|| 2009-05-29 08:25|| Front Page Top

#6 "said state Assembly Speaker Karen Bass, a Los Angeles Democrat. "We're asking for the federal government to step in where commercial banks can't this year because of the crisis within the financial industry."

So ya see the problem has nothing to do with mismangement after all. Everything would still be all California Dreamin if it wasnt for that damn Wall Street Greed.

Posted by DepotGuy 2009-05-29 09:05|| 2009-05-29 09:05|| Front Page Top

#7 I don't see why Arnold doesn't make a few of his blockbuster movies and give back the proceeds to the California state coffers. It seems the least that he can do.

Posted by Richard of Oregon 2009-05-29 11:00|| 2009-05-29 11:00|| Front Page Top

#8 Is he gonna appoint a military governor too?

Posted by mojo 2009-05-29 11:22|| 2009-05-29 11:22|| Front Page Top

#9 California is not asking for cash, ....

Until California tells Obama that the state doesn't have cash to pay the loans and will layoff his union supporters unless he makes good on his guarantee. California's revenues will not recover until hyperinflation kicks in.

Posted by DoDo 2009-05-29 11:59|| 2009-05-29 11:59|| Front Page Top

#10 California has far more clout in Washington than any other state, with the nation's largest congressional delegation and a San Franciscan, Nancy Pelosi, as speaker of the House.

Now they're frightening me.

Posted by Ebbang Uluque6305 2009-05-29 12:12|| 2009-05-29 12:12|| Front Page Top

#11 rwv, look hard?

How about something harder, like a pitchfork?

Posted by twobyfour 2009-05-29 16:49|| 2009-05-29 16:49|| Front Page Top

#12 No more taxes. If you can't manage to find 5000 drones in the 250,000-strong state workforce, I can help ya. Start with about eight of the Governator's assistants at 100K+ per annum. Then move on to the Department of Redundancy Department.

Posted by mojo 2009-05-29 17:41|| 2009-05-29 17:41|| Front Page Top

#13 What's required to remove Statehood from a state and put it into Federally Administered Territory status? I think that is what needs to happen.

And no return to Statehood until the situation is resolved. That means not voting and no Federal subsidies for the State as well.

Probably crazy idea, but I'm asking sincerely.

Posted by Clomoque Sforza3109 2009-05-29 23:01|| 2009-05-29 23:01|| Front Page Top

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