Post Tagged with: "California bailout"

September 24, 2012 08:51

Only Hope for Bankrupt Blue States is Bailout Paid by Red States

Democrats and unions have controlled California and Illinois for decades. Now they are broke and facing bankruptcy. Their only hope is a federal bailout paid for by states that have been fiscally responsible. In Obama’s second term you can bank on more union bailouts to pay back campaign support.

February 2, 2011 07:40

The California Green Debauch

Together with an unsustainable $500 billion public pension overhang and $28 billion current budgetary shortfall, the effort to cap all energy production dooms the state to bankruptcy.