California

Fox News just reported that California’s’ unemployment system has no money and that the State has already borrowed $9 Billion from the Federal Government in order to continue to pay these benefits (bailout?).  Moreover, that it has a structural deficit of $20 Billion (meaning that their budget is, for all practical purposes, permanently out of balance by that amount).

Their credit rating is the worst of any of the 50 States.  Their high school drop out rate is 32% despite having one of the most expensive systems in the Country.

Considering this they just elected a liberal Democratic Governor Brown, and Representative Boxer.  Where do they get off?  When will they get serious?

It appears that they expect the Feds to continue to bail them out.

I don’t know about you but I say NO.  I do not want to be a part of providing them with money to waste on their Liberal ways.

If we are not careful the rest of the Country will look like California sooner then you may think.  Let’s all study California in order not to repeat her mistakes.

For more see the following article:

The American Dream Waking People Up And Getting Them To Realize  That The American Dream Is Quickly Becoming  The American Nightmare