California: Hey, why not bail us out, too?
This is the latest suggestion in turning what should have been a limited program for the federal government to fix what it broke — mortgage-backed securities — into a free-for-all to subsidize failure. After all, Bass can argue, if we’re going to bail out automakers in the private sector, why not bail out the public sector as well? Who gives a damn about sovereignty when the voters may be around the corner with tar and feathers?
If you liked my post, feel free to subscribe to my rss feeds
BlogoSquare