While "bailout" is usually associated with the eurozone, Fox Business' Gerri Willis has a poll...

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bbro Comments (7832)
 
Fox???
14 May 2012, 11:20 AM Reply Like

Poor Texan Comments (3488)
 
California's elites are big Obama supporters. I'm sure he'll be glad to try to help them out.
14 May 2012, 11:26 AM Reply Like

867046 Comments (399)
 
What would come to light is that CA with the world's 8th largest economy, pays $314 billion dollars in federal taxes (2007) of which it only gets 80% of it back. Meanwhile out in pork rind land, states are getting back 150% of their federal tax dollars. So instead of donating $62 billion to the peoples republic of Rush Limbaugh/FOX welfare cheat land it only donated $20 billion, California would be OK.
14 May 2012, 11:34 AM Reply Like

davidbdc Comments (2989)
 
What do you mean when you say they get back 80%?

I'd argue that their voters are highly responsible for the increased federal spending that necessitates the 314 Billion in taxes in the first place.

The pork rind land states as you call them, favor less government spending and thus less taxation.

California is not OK. Over-regulation is an understatement. Public employees are basically guraranteed to be millionaires if they stay in their jobs. At the same time as the public employees get rich, the rest of the population receive fewer services from these employees!!

A bailout of California might result in something much more ferocious than the tea party. Its long past the time that public employees lose their grip on the public purse and go back to being public servants. And its long past the time to tell folks that they are responsible for taking care of themselves.
14 May 2012, 01:29 PM Reply Like

Poor Texan Comments (3488)
 
867046 with no bio, are you encouraging California to secede?
14 May 2012, 01:48 PM Reply Like