Peter Schiff has a 30 May 2009 post advising Obama not to bail out California. I could have written it, link: http://www.lewrockwell.com/schiff/schiff24.1.html.
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1 comment:
I wonder how Pres-O is weighing the factors?
Secretary Tim has already signaled that he won't expand TARP to guarantee state's debts... which is kinda crappy since they used taxdollars to "stabilize" the TBTF oligarchs... but won't "stabilize" the states.
Oh well... it's a true indicator of who has political power in our beloved country.
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