Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (99648)	7/13/2009 4:48:42 PM
From: The Reaper	3 Recommendations Respond to of 116555

Schwarzenegger, a Republican, has repeatedly said he won’t endorse another round of tax increases. Instead, he’s proposed deep cuts to spending on schools, health insurance programs and welfare, and sought to link the passage of the budget to measures he says would crack down on fraudulent claims for state aid. Democrats have bristled at the scale of the cuts, saying they would deal a blow to residents already reeling from the economic recession. And more taxes don't deal a blow to us? It's time social programs in CA get cut to the bone. I'm through financing the status quo welfare state. I was in the grocery store yesterday with three people in front of me at the cashier. All three used food stamps with the second woman having her 20-something husband pushing the cart. Both had rings so I assume they were married. If they don't have work here in CA, why are they still here? Get mom and dad to loan them $ to go somewhere where they can find work. CA isn't coming back anytime soon. Cut all the social programs in half and make them suffer along with the rest of us. Necessity is the mother of invention. Yeah, I know, I'm heartless, but I've never taken a government dime even though I haven't had a job since Jan. 2008. Maybe I'm just stupid.