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The Water Cooler
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California Spenders?
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<blockquote data-quote="dugby" data-source="post: 2004507" data-attributes="member: 7393"><p>Did you ever get into trouble with your buddies, then use the excuse that your friend was doing it, and your parents ask you if you would jump off a cliff if your friend did it?</p><p></p><p>Our noble west coast state is always in the lead on any trend that comes along and many times sets a new trends for all of us. </p><p></p><p>They are showing us how it is done on the tax and spend ball game right now. Taking our current national spendthrift game to a new level. It is going to be interesting for the country to watch what they do to themselves. I just hope the responsible states don't end up having to loan them their credit cards to keep the experiement running.</p><p></p><p>Here is a history of Californias credit rating.</p><p></p><p><a href="http://www.treasurer.ca.gov/ratings/history.asp" target="_blank">http://www.treasurer.ca.gov/ratings/history.asp</a></p><p></p><p>You will find the word lowered in it 23 times and the word Downgraded in there 12 times.</p><p></p><p>Any thoughts about what will happen when?</p></blockquote><p></p>
[QUOTE="dugby, post: 2004507, member: 7393"] Did you ever get into trouble with your buddies, then use the excuse that your friend was doing it, and your parents ask you if you would jump off a cliff if your friend did it? Our noble west coast state is always in the lead on any trend that comes along and many times sets a new trends for all of us. They are showing us how it is done on the tax and spend ball game right now. Taking our current national spendthrift game to a new level. It is going to be interesting for the country to watch what they do to themselves. I just hope the responsible states don't end up having to loan them their credit cards to keep the experiement running. Here is a history of Californias credit rating. [url]http://www.treasurer.ca.gov/ratings/history.asp[/url] You will find the word lowered in it 23 times and the word Downgraded in there 12 times. Any thoughts about what will happen when? [/QUOTE]
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