Cal. Gov. Schwarzenegger Begs Geithner for Federal Bailout
May 22, 2009
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4 Responses to “Cal. Gov. Schwarzenegger Begs Geithner for Federal Bailout”
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A Federal Bailout for California?
Oh Hell No….
I think they should be forced to deal with their own problems. They created them with bad decisions on state government expansion. They still have an unfunded pension liabilty of some $200 billion. Are we supposed to bail them out for that as well. They need to make some tough decisions decrease their spending, and improve the business climate of the state.
Think about this they have a extremely large illegal immigrant population. They estimate it cost them $13 billion a yr to provide services for that population. That is a rather large sum they could get off their budget with something called enforcement of the law.
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