The Trades to Make if the Fed Bails Out State Governments [View article]
The People's Socialist Republic of California needs to make cuts in what it's paying out instead of just promising everyone huge benefits packages and expecting the market to ramp 10% or more per just to cover it.
Normal households need to balance their budgets or end up bankrupt; the States need to do the same.
The Trades to Make if the Fed Bails Out State Governments [View article]
Normal households need to balance their budgets or end up bankrupt; the States need to do the same.