http://www.latimes.com/business/la-f...,7700998.story
Quote:
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California Treasurer Bill Lockyer on Wednesday formally requested federal help to backstop a wave of short-term borrowing the cash-strapped state will need to undertake this summer.
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What about cutting back on spending... keep the tax rates... just quit spending what you do not have...
You know... you would think that with all that is going on... people spending beyond their limits, you would think that the American political system would figure it out too...
I wonder if Barry or Timmy can put a spin that the American taxpayer can somehow make a profit of this bailout too...
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