California is continuing to jockey for a multibillion-dollar emergency federal loan despite Friday’s congressional approval of a rescue plan for the nation’s troubled credit market.
“We’re not out of the woods yet,“ Gov. Arnold Schwarzenegger said.
The governor had sent a letter Thursday to Treasury Secretary Henry Paulson warning that the state may be forced to turn to the federal treasury for help if it cannot quickly secure a short-term loan for up to $7 billion.»
State may tap feds for loan
McGehee to Ahnuld: Get stuffed.
The American taxpayer shouldn’t have to keep bailing out the Democrat Legislature that keeps spending your state into bankruptcy—apparently about every four years.
I thought the 2004 bailout was okay, but the idea was that you only get one visit to the well.
And thanks to the banking bailout, the well’s pretty much dry now anyway.
