I was browsing through many articles today trying to find something to post. It is not that there is a shortage of material, but the GM bankruptcy and Healthcare reform is what everybody is talking about. What new insight could I provide?
Then, there is was, a brilliant article about California's financial situation. Could California be providing us with a blatant example of what could happen if a government continues to grow and no longer has the revenues to sustain it? To quote, "The message everyone ought to take from this sad story is that high taxes, high spending and a large bureaucracy are a prescription for disaster. And we also had better take note of the similarity to what our federal government is doing." I couldn't agree more.
Read the article from the Bluefield Daily Telegraph here, and please post your comments.
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