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Rex Babin Cartoons
The voters have spoken
Published: Thursday, May. 21, 2009
Facing a $21.3 billion budget deficit, Mr. Schwarzenegger is requesting a $6 billion loan from the federal government. California still living on borrowed money. One of these days they're going to start collecting. This is why they were so scared to let California go bankrupt because too many banks would fail that hold bonds and stuff. They haven't taxed the rich enough and they've spoiled the poor with too much welfare.
Too many business's would fail, people would fail, just like a row of dominoes. The politicians are elected officials elected by the people who don't like higher taxes, so they just keeping living on borrowed money. And because the banks and the capitalists have such faith in their systems and their almighty god Dollar, they have to keep having faith in that Dollar, and therefore they have to keep loaning the money and hoping that they're going to get paid some day--but they won't.
The Federal Government is already bankrupt!
Ted Rudow III,MA