Well we made it through Christmas so what lies ahead? There will be that quiet lull between Christmas and New Years and then we start the whole thing over again. Many states are facing a budget shortfall, which means they will be looking for bailouts from the federal government. We need to remember that every state is in reality just another business, or in this case, failing business. Like Fanny Mae and Freddy Mac.
When the failing states (businesses) come for the bailouts we will see the same scenario. You see states are too big to fail and if they are allowed to do so it could cost millions of jobs and a double dip recession. They will continue to use the same catch-all excuse until somebody either calls their bluff or the whole country is finally thrown into bankruptcy.
Continue reading “99ers, This Is War”