Coming Soon to a State Near You!

[Chuckiechan]

THE COMING CATASTROPHE: STATE GOVERNMENTS at DickMorris.com

The Republican solution to state financial distress should be simple: The Party should insist on a change in the federal bankruptcy law providing for a procedure for state bankruptcy (none now exists). This process must call for abrogation of all state and local public employee union contracts as is usually done in private sector bankruptcies. By freeing states and local governments (including school boards) of their union obligations on wages, work rules, staffing, and pensions, they have a chance to survive and, indeed, to prosper. But merely subsidizing these massive expenditures just prolongs the misery of the states in question.

I see no other way to save the states. Other than higher taxes to support the "privileged class".

[surreal]

If you think about it later you should check out this NPR story, I'll be posted after 7pm EST
Economist: Bush Tax Cuts Will Make U.S. Bankrupt : NPR

August 7, 2010

As director of the Office of Management and Budget under Ronald Reagan, David Stockman knows a thing or two about trying to balance the national budget. And he's convinced that Reagan would never support extending the Bush tax cuts of today. Stockman, who still considers himself a staunch conservative and a staunch Republican, tells host Guy Raz why he thinks extending those tax cuts would be akin to a bankruptcy filing by Congress and the White House.

[Steve R Jones]

Jizz In My Pants

Not sure what the video has to do with this thread - but its a great video