Wednesday, May 20, 2009
Sorry for the extended vacation, been busy at work lately.
So rumor has it that the State of California is about to go bankrupt. Citizens there don't want a tax increase to pay for the budget shortfalls, but the Congressmen and Government don't want to cut their programs and departments to find the money either. So when (and it is when, not if) the State of California turns to the federal government for help, will Uncle Sam bail this state out? I think we all know the answer is yes, but should we bail that state out? What happens when Michigan, Florida, and Arizona all get in line next? Are we going to perpetually continue to bail companies, states, and individuals out of their financial problems?
"Give a man a fish and you have fed him for today. Teach a man to fish and you have fed him for a lifetime."