Oh Man! Did a lot happen on the first day of the new California Legislature on Dec 1st. The governor declares a fiscal state of emergency as revenue shortfalls continue to plunge.
The same day Congress starts working a proposal to bailout state and local governments. This proposal will only encourage politicians to continue their terrible fiscal policies instead of cleaning up wasteful programs.
I hate when politicians resort to dump tricks.
Wednesday, December 3, 2008
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