Category Archives: debt

California government healthcare plan shelved | Costs Too Much

Source: California government healthcare plan shelved | Behind The Black “The head of California’s assembly on Friday shelved the senate’s proposed government takeover of that state’s entire healthcare industry, saying that the plan was “woefully incomplete.” The plan, which was … Continue reading

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Detroit Council Dunks on Taxpayers, Will Use School Funds for Basketball Arena – Dems Never Learn

This is why Detroit can’t have nice things. Source: Detroit Council Dunks on Taxpayers, Will Use School Funds for Basketball Arena – Hit & Run : Reason.com “Taxpayer-funded bonds sold to raise revenue for parks and schools in cash-strapped Detroit … Continue reading

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Venezuelan Protesters Break Into At Air Base 

Venezuelan protesters, security forces clash at air base – ABC News Socialist nightmare: no food, no medicine, no jobs, no money… “Young protesters broke down a metal fence guarding an air base in Caracas on Saturday before being repelled by … Continue reading

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Illinois could be 1st state with ‘junk’ credit due to budget

Dems have taxed everyone to the limit and now they must make cuts, but don’t know how to do that. “CHICAGO (AP) — Illinois is on track to become the first U.S. state to have its credit rating downgraded to … Continue reading

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Dems in Disarray: Party Posts Worst May Fundraising Since 2003 – As Bankrupt as Detroit, Go Dems

“While the Democrats were still nursing their wounds following a crushing defeat in the special election for Georgia’s 6th Congressional District Tuesday, they were nailed with additional bad news: This May was the Democratic National Committee’s worst May of fundraising since 2003. The DNC raised $4.29 million in May … Continue reading

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Portland’s “Green Energy” Failure

Source: Portland’s “Green Energy” Bailout Continues No money for pot holes or rape kit testing, but there is plenty of money for green fantasy jobs. “A ….promise of green jobs will cost the City of Portland $5 million after defaulting on … Continue reading

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Illinois Finances In ‘Massive Crisis Mode’ – Debt Bomb

Illinois in Financial Decline “CHICAGO (AP) — The Illinois official responsible for paying the state’s bills is warning that new court orders mean her office must pay out more each month than Illinois receives in revenue. Comptroller Susana Mendoza must … Continue reading

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