Reality is finally starting to set in!
Recently, the liberal Governor of California, Jerry Brown, with overwhelming bipartisan support, signed a bill that will extend the retirement age of public employees, cut their pensions and ask them to contribute more to their health and retirement plans. This is according to the Washington Post.
So, why did the bill receive such broad support in the California legislature? The easy answer is that the state of California is as close to going broke as you can get!
If that’s not close enough to home, listen to this!
Recently, Camden fired its entire 460-member unionized police force, to be replaced by non-union police.
And, you have only seen the beginning!
If Romney/Ryan win the election, it is because people are slowly starting to realize that government spending has to be controlled, and the longer we wait, the more painful it will be to “right the ship.”
Excessive government spending, and its stark consequences, is no longer an isolated European phenomenon, but something that has come to a state, or a town near you.
Spain is the next country to be asking for a bailout, and to be placed under the guardianship of the International Monetary Fund and the European Central Bank.
By the way…. did you know that our debt, as a percentage of GDP, is now larger than that of Spain?
Very few people actually know that, and it can’t hurt to spread the word.
So why in heaven’s name can anybody think that government spending in this country can continue without serious consequences??
Now, I can already hear my liberal friends saying, “Hell, raise the taxes on the rich.”
Well, if it were just that easy, wouldn’t you have thought that the state of California would have done just that?
There is a natural limit to everything and it doesn’t matter how liberal you are!
Karsten Malmos
