California may need its own bailout bill now to the tune of $7 billion. Are the American people ready for this now after the $700 billion bailout? Governor Arnold says California is in big trouble again (what’s up with California?) This is getting to be a little ridiculous really . Too much government intervention is a very bad thing. It sets a precedent for more intervention. Capitalism on the way up and socialism on the way down is not the answer.
It seems that California always needs a few billion to bail themselves out of some kind of situation. I think california needs to cut some spending on social programs and whatnot. California needs a total reform. It doesn’t seem to matter who is in charge there as they are always sinking financially.
Arnold wants his $7 billion california bailout but are the American people willing to keep paying and paying?
what would you choose health or money?