The Obama Chronicles: Terminator IV - Bail Out Days



Here we go again...While President Bush went into hiding,  President-elect Obama summoned the governors to Philadelphia yesterday to see if Uncle Sam can print more money to help the states with their budget deficits. Among the governors were Arnold Schwarzenegger, who never saw a state program he wanted to terminate, and Mark Sanford, fthe fiscally conservative governor from South Carolina. These two governors are complete opposites when it comes to managing a budget.

The governors are in the same boat as most  American households. Our budgets are stretched to the limits with stagnant incomes, high taxes, high health costs, and high energy costs. We all have difficult choices to make. However, the taxpayers have no choice but to either go in debt or forego some spending until our budgets get balanced. Most states hovever, NEVER cut their budgets. Instead they raise taxes in a never ending spiral of tax, spend, tax, spend ...

Is it any wonder that three ot the states that are in HUGE trouble are California, New York, and Michigan? These three states are notorious high tax, high spend, high waste, high unemployment states. Businesses can't wait to flee these states where they can go south and find a more tax-friendly climate. Of course, these blue states can be counted on to vote Democratic most of the time in Presidential elections. So what is their solution when they get in budget trouble-- come running to Uncle Sam for another bailout! 

Will someone please explain to me the stupid cycle of:
 
> the Federal Government first taxes us.
> the money then gets sent to the Beltway where a bunch of Blowhards decide how to redistribute the money pie.
> the Feds then re-send it back to the states (after taking a large bureaucratic Beltway cut).

It is incredible how the present government  talks about the word billion. They treat spending a billion dollars like you or I think about taking $100 our of the local bank ATM.
 
A billion here, ten billion there, 25 billiion there. Before you know it we are over a trillion!!

California's state budget has, incredibly, grown even faster than the federal government's the past decade.The state budget is riddled with idiotic programs that encourage and enable tens of thousands of illegals to live there. The cost? Billions of dollars per year. Arnold's solution? Run to Uncle Sam for a loan! Not sure how California will pay the money back. Probably with some higher taxes down the road.

Sure he promises to "cut" some programs, but the state deficit will still be huge. (These "cuts" are like personal diets. You lose some weight, only to gain it all back and then some.)  Meanwhile Governor Sanford of South Carolina told Mr. Obama that South Carolina can live without a bailout--it will somehow get by without the federal handout.

Now, if you are a resident of South Carolina and your governor cuts your state's budget, why the hell should you give some of your tax money to California, which is run by a bunch of left-wing spenders? Governor Schwarzenegger. is a multi-millionaire  liberal who has forgotten his impoverished past.  He has forgotten how difficult it is to live on $50 K per year. Wake up Mr. Terminator. Clean up your own house and the other 49 governors should do the same.

Perhaps Arnold should spend more time polishing the image of California than whining about his state's fiscal plight. Every TV story about California these days is negative. Pick a topic:

> Fires
> Mudslides
> Earthquakes
> Protests
> Record # of home foreclosures
> Sanctuary Cities like San Francisco
> Illegals flooding into the state
> The Oakland Raiders losing another football game
> California's budget crisis

What ever happened to the once great state of California? It is now the poster child for state government mis-management.

The best thing to get the public's mind off of California is for Arnold  to go back to Hollywood and make another Terminator Movie...

Coming Soon to a theatre near you---Terminator--the End of Bailouts.



 

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