Whoaaa....So Cali is NOT alone afterall!

I see a day of reckoning comming very soon.

Is there a reset button? I think we need to find it soon and go back to 1913 and fix this issue cause well...

Life is really going to suck for all soon.

Well the fat lady is starting to sing.

Is this how it begins,state by state?I guess the domino effect theory is valid after all.Just didnt expect to see it applied here by our own leaders.

dupe post

[edit on 30-6-2009 by AgentX09]

smell that?

I do, it's the smell of unmitigated BULL [snip]

The fearmongering of the GOP knows no bounds.

We shuold send an email to Bernenke with his won words..the eceonomy is fine, no layoffs eh? What a pathetic Liar

So wait, what does this mean exactly? Will any of us actually see any change at all, or will the government swoop in and take some sovereignty away from some of the states without a single peep from the MSM? Will there be panic, or will nobody notice anything?

Wate and watch is my advice lets see what happens in a few weeks I don't think anything will but thats just me in the 11th hr the budgets will get passed and well not see the fed step in.

Ohio is running late on their budget proposal. It seems it all depends on opening casinos to raise money. Gag. In Kentucky, we are behind the curve. We have quite a deficit coming and no hope in sight. Fortunately, it's just a billion dollars. Heh. Ways to correct this? Raise taxes! The state raised taxes on tobacco and alcohol just before the fed govt raised taxes on tobacco. The outcome? Less taxes received because a lot of people said to hell with you. lol. Maybe an increase in income tax? Oops. Less people working, 10.6 percent unemployment. In my town a big employer, a magazine printer and binder is laying off people for two weeks, to start.
Um, yeah, let's tax lottery ticket purchasers. Okay. Well, since nobody in any sort of great numbers wins a prize, well, I predict a decline in ticket sales. Duh. Low income people bet on lotteries. And they don't have the money to bet, now. Duh. Meanwhile, the tax on the sales of lottery tickets will provide for what? Oh. Bigger purses for horse racing. But not bigger returns for bettors and winners of the bets. Just bigger purses for the owners of the race horses. William Shatner doesn't need more incentive to run a horse in a race. He has enough. If the horse racing industry dies? So freaking what? It really doesn't provide much employment. Come on. Obama said we all gotta shed some skin now. LOL. Maybe next time Michelle goes out for a photo op she will wear a pair of 300 dollar sneakers, instead of 500 dollar sneakers.

Meanwhile. while the weather is good, we will all wear the plastic shoes made in China sold at Dollar General.

good good , the faster the america increases tax , the faster its collapse will be .

let Obama messiah continue the onslaught of socialism , only then will a revolution happen in USA and people will begin resisting the fascist socialist american federal empire

What I don't understand is why no one seems to understand that we don't have a housing crisis, banking crisis, or liquidity crisis...we have a JOBS crisis. The corporatists have outsourced America and forgot that the"consumer" needed a freaking JOB to continue to consume, because THEY won't give credit unless one is employed. Now it's far too late to recover, since their solution is to lay off yet more workers.

Bah, humbug, and crap.

I'm not worried about the Feds, cuz they're more broke than California. Washington and New York seem to live in some sort of impenetrable fantasy bubble because nothing they've tried so far seems to bear any relation to the real world I happen to live in. Bring on the collapse...I like the sound of the "Republic of California".

Can I get a little bump for some early Tuesday morning action?

Whoop, whoop?

Oh and it happens like this. When you accept help from the Federal Government, you comply to their conditions, you can't make up your own. Either that or become a third world sovereign state. Thats the way it's gonna go. Obama can't make you do anything on your own. Thats why he is going to allow this to happen, so that you can be accepted by the International Community...all you have to do is reach out and uh do some community service. This is the United States of Crap. We make money off of frauds and fake money. Then we sell each other out for some good old hollywood ass kicking governators and bail out packages for bankers while the ones who actually do honest work get nothing.