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.

Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (80169)	6/5/2010 8:52:13 PM
From: Sully-	Read Replies (1) \| Respond to of 90947

Bankruptcy Via Liberalism, Part 3 By Mark Noonan on Tax and Spend Liberalism Its a State so liberal that a proven liar leads in the polls simply because he’s a Democrat. Its a State so liberal that it went for Obama by 22 points over McCain. Its a State so liberal that Democrats outnumber Republicans by 114-37 in the House and 24-12 in the Senate. Its a liberal State, boys and girls – and it just got its bond rating downgraded: <<< Connecticut is preparing to borrow $956 million to close a budget gap in the fiscal year beginning July 1, after borrowing money last year to cover a deficit of $947.6 million. Not good. Fitch has reduced the states credit rating from AA+ to AA. “The downgrade reflects the state’s reduced financial flexibility, illustrated by its reliance on sizable debt issuances during the current biennium to close operating gaps in the context of already high liabilities,” Fitch said. Connecticut is the wealthiest state on a per capita basis with personal income of $54,397 in 2009, according to Department of Commerce. >>> The richest State in the nation is bankrupt – thanks to liberalism. Why? Well, it could be because they have an African-American Affairs Commission, Blue Ribbon Commission on Housing and Economic Development, Office of the Child Advocate, Department of Children and Families, Commission on Children, Children’s Trust Fund (none of which, of course, can be combined in to one agency), Office of the Consumer Council, Department of Consumer Protection, Office of Protection and Advocacy for Persons with Disabilities, Board of Firearms Permit Examiners, Office of Health Care Access, Office of the Health Care Advocate, Commission on Human Rights and Opportunities, Commission on Latino and Puerto Rican Affairs, Military Department, Office of Military Affairs (these in addition to the department looking after Connecticut’s National Guard), Permanent Commission on the Status of Women, Racial and Ethnic Disparity Commission in the Criminal Justice System….and on and on and on. All of that has to be staffed – naturally with very well paid union workers who’s dues are used to perpetuate the government which keeps the money flowing. But no Connecticut is broke – only massive cuts can save them and so what do they do? Just borrow more money – can’t contemplate any cuts, at all. The liberal nightmare continues.