No bailout for California – at least not yet

On its way to Bankruptcy come July, Obama Administration officials say the state can do more to solve the budget crisis on its own, they don’t have the authority to help — and if they did, it would set a dangerous precedent. I’m all for that! Let the state go BK, and let all these entitlement programs like welfare for illegals die. But irony yet again from the Obama administration. it would set a dangerous precedent

You mean like the bank bailouts? You mean like the insurance company bailouts? You mean like NATIONALIZING the auto industry?

Maybe Arnold Shriver needs to “pump up” Obama a little more.

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May 22, 2009 · Filed Under bail outs, California


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