Since the election,
there has been a lot of attention given to issues to be faced in a 2nd
Obama term, particularly the “Fiscal Cliff.”
But I’ve seen no
attention paid to an issue that could tear this country asunder – bailing out
California.
The State of California
is headed toward bankruptcy. I
expect that sometime in the next four years they will ask for a bail-out from
the federal government.
If you think our
nation’s divisions are bad now, wait until California asks for a fed bail-out,
with Obama’s support no doubt.
So
taxpayers who have elected somewhat responsible state governments who balance
their budgets are supposed to bail out a wealthy yet profligate state which has
elected and re-elected and re-elected and re-elected irresponsible liberals and
Leftists with their literally bankrupt policies?
Taxpayers from red
states will not take kindly to that.
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