Happy Face 29 Posted June 19, 2009 Share Posted June 19, 2009 Al Jazeera reporting as Fox/CNN/MSNBC refuse to... Now that Washington has ruled out an immediate bailout for California, we know who will pay the ultimate price for the crisis born on Wall Street: the state’s most vulnerable citizens. And with many states facing similar crises, this could be a preview of where the country as a whole is headed. California is facing a $24.3 billion dollar budget gap, and the governor wants to attack it with cuts to social programs alone. If Schwarzenegger has his way, the price will be paid by 1.9 million people who lose their health care coverage, 1.3 million who lose basic welfare, thousands of state workers who get fired, schools that lose $5 billion in funding, having already survived brutal cuts earlier this year. Around the world, government is seen as the last hope to stimulate a comatose economy. In California, anti-tax, anti-spending, and anti-government sentiments are converging: California is facing a de-stimulus package of epic proportions. Link to comment Share on other sites More sharing options...
Park Life 71 Posted June 19, 2009 Share Posted June 19, 2009 I'm sure another lecture on democracy and fair play will be fired off against the likes of Iran any day. Link to comment Share on other sites More sharing options...
snakehips 0 Posted June 19, 2009 Share Posted June 19, 2009 Shame. But at least the surfin's good and the chicks are hot Link to comment Share on other sites More sharing options...
sniffer 0 Posted June 19, 2009 Share Posted June 19, 2009 They've been living far beyond their means for a hell of a long time so this comes as no surprise. Link to comment Share on other sites More sharing options...
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