Lou Thomas

Golden State Asks Public Pension Plan for Help

Too bad Congress just gave $700 billion of taxpayer money to Wall Street to buy toxic securitized debt. California's shortfall could be helped substantially by a tiny fraction of that money. Other states and cities across the nation are also in trouble, and need their share of those funds.

If the U.S. government is broke, then where will the funding for this depression's green industry / infrastructure "WPA" come from? Government spending got us out of the last depression, but the parasites were more effective this time and have drained the host nation of its vital force.