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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: manalagi who wrote (57510)	7/5/2009 6:00:40 PM
From: tejek	Read Replies (2) \| Respond to of 149317

Why should Obama bail out a state that doesn't want to take responsibility for its chaos? Because: 1. Obama bailed out companies that don't want to take responsibility for their chaos. Bailing out a state is not the same as bailing out a corporation that employs hundreds of thousands of people throughout the country. CA could solve its problems if it had the political will. With the auto industry, its going to take a lot more than political will. 2. The Federal Government is part of the problem by not securing the border causing hundreds of thousands of illegals coming to California and drain resources by getting benefits that regular citizens are denied. Reference: Joe Citizen versus Jose Illegal True the feds have not done a great job securing the border and illegals are part of CA's problem but certainly not the primary one. In fact, an argument can be made that the costs of an illegal population is offset by the savings in labor costs. And its also important to note that AZ, NM, NV and TX have significant illegal populations, and yet, are not experiencing a fiscal crisis like CA's. 3. AIG management and banks management getting paid billions of bonuses for their failure. Whilst I don't mind if Arnie and all State Lawmakers should take pay cuts for getting us in this mess, I don't see that they are getting bonuses like Merril Lynch ex CEO. Arnold's salary is the least of CA's problem. And frankly, I wasn't too excited with the way Bush bailed out AIG. It was very poorly done......I guess we can blame Paulson.