Re: Lose weight with bread and water.

Financially, California was "dead" two years ago. They sold equipment such as police cars, offices equipment and chairs, etc. and issued vouchers instead of paychecks, but many other states are in very bad financial condition also.

I live in New York, NY (Manhattan Island). The "Christmas Snowstorm" was made worse because the unions encouraged a work slowdown (in this economy, people still play job games, go figure), but in the Mayor's news conference that followed, one reporter asked "Where's the money going to come from in the future?". The mayor answered "Don't worry, we'll get it from somewhere".....doesn't sound very good, does it?.

The other states are worse off (they're going to depend on taxes from the unemployed/underemployed/foreclosed homeless?).

The Federal gov't. is broke (in reality), but if the debt ceiling is raised, the fed. gov't. will TECHNICALLY still be solvent.

In a recent study, college campuses have a high ' Depression rate' (sure, looking at the economy alone, the students definitely do not have a bright future).

California's financial woes seem to be 'blacked out' in the media. Could it be that the other state's financial conditions are also being hidden? Tweet