Might as well discuss it now. Should the Feds bail out California?

D

dwoodall

New member
In just a couple of months, California will be bankrupt and you know they will turn to the Federal government for assistance. I know Obama has already said none will be coming, but I suspect his tune will change when the stuff hits the fan.

Do you think it is right, or Constitutional, for the Federal government to lend money to a State in order to keep that State in business? Is it legal for the Federal government to own a State? (And in essence, they would, for if they call in the debt, CA would be forced to liquidate assets).

Are we ready to watch a State disappear, and absorb all of thier liabilities among the other 49? Or do we prop them up again, and hope that history won't repeat itself again?
 
No

The people of California need to elect officials who can create AND uphold a budget. You can not expect the people of other states to pay for the excesses that happen in California, the Michael Jackson memorial is a perfect example of such.

My pity goes out to the California taxpayer because of the way their money is spent but they should remember this when election time rolls around again.
 
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