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Cutting The Cord And Email Security
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« Andrea Mitchell - Ronald Reagan Remix |
Main
| Social Scientist Discovers That Social Science Is Biased To The Left »
February 08, 2011
The Federal Bailout of the States Begins
"Obama Plans Jobless Aid Help for States". That's the title of the article -- I guess they felt that using the world "help" was less alarming than "bailout". Yet that's what this is.
Pull quote:
Rising unemployment has placed such a burden on states that 30 of them owe the federal government $42 billion in money borrowed to meet their unemployment insurance obligations. Three states already have had to raise taxes to begin paying back the money they owe. More than 20 other states likely would have to raise taxes to cover their unemployment insurance debts. Under federal law, such tax increases are automatic once the money owed reaches a certain level.
And here's another fun thought: most states' fiscal problems are only just beginning. But hey...let's all just blame Meredith Whitney for being an alarmist; things will surely work themselves out somehow.
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rickb223 [/s][/b][/i][/u]: "Jackson, Wyoming, Teton County Fall Back on Diesel ..."
BurtTC: "So what was that phone alert about? Posted by: Bl ..."
Jordan61: "Hmm. Mine was in Spanish, husband's wasn't. So I h ..."
Ian S.: "[i]Gaetz & his Keystone Kop Konservatives have inf ..."
[/i][/b]andycanuck (krqg6)[/s][/u]: "HOLY SHIT!!! THE RUSSIANS THINK IT'S REAL!!!! ..."
"Perfessor" Squirrel: "RE: The phones...I've noticed more and more studen ..."
G'rump928(c) : "[i]Again, Obama was much better on fiscal issues t ..."
Field Marshal Zhukov: "Let's cut the military. They can't win wars, they ..."
rickb223 [/s][/b][/i][/u]: "My phone was on speaker during the alert and it ye ..."
SMOD: "Jackson, Wyoming, Teton County Fall Back on Diesel ..."
Robert: "People of Earth attention. Look to your sun for a ..."
Recent Entries
Viciously Racist Right-Wing Feminist TERFs Literally Endanger the Existence of Beautiful Non-Binary Bros
Here's What Did Kevin McCarthy In, According to the Eight Republicans Who Drove Him Out of the Speakership
Jim Jordan Announces Bid to Become Speaker
Wednesday Morning Rant
Mid-Morning Art Thread
The Morning Report — 10/4/23
Daily Tech News 4 October 2023
Tuesday Overnight Open Thread (10/3/23)
Stairway to Nowhere Cafe
Kevin McCarthy Will Not Run for Re-Election as Speaker
Here's What Did Kevin McCarthy In, According to the Eight Republicans Who Drove Him Out of the Speakership
Jim Jordan Announces Bid to Become Speaker
Wednesday Morning Rant
Mid-Morning Art Thread
The Morning Report — 10/4/23
Daily Tech News 4 October 2023
Tuesday Overnight Open Thread (10/3/23)
Stairway to Nowhere Cafe
Kevin McCarthy Will Not Run for Re-Election as Speaker
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