DID YOU KNOW THAT THE ECONOMY IN THE UNITED STATES ARE SO BAD THAT CITY GOVERNMENTS ARE FILING FOR BANKRUPTCY? Southern California city of San Bernardino votes to declare bankruptcy

This is all part of Cloward and Piven Strategy. Over whelm the system to over turn the constitution.

Might very well be

no

the entitlements , the illegals , the welfare , the free rides , the 47 % that do not pay tax.

AND JUST WHAT RESULT DID YOU EXPECT ?

Not according to obie,he says the economy is doing fine!!

He needs to take a reality check

He needs to have his ass kicked out of the WH then sent to a insane asylum!!

America is going to have an economic collapse. It isn't if, it is when.

Exactly,it is a PLANNED strategy!!

This is going on all over the country, not just California.

very true, it's all over the world.

Unions are bankrupting America

No, not really, manufactures are because they want higher profits and are going over to foreign countries for cheaper labor. take a close look at Apple, the tax payers is paying for military security for transporting their chips at tax payer expense.

Manufacturers either profit or go out of business. Manufacturers aren't in business to buy union leaders hotels and resorts. Unions are the reason cities are going bankrupt. Unions killed our steel industry and would have destroyed the car builders but Obama bought them and gave them to the unions.

The public dole has a price and it is high. As in Europe, the bill is coming due in American Socialist Cities.

City governments are going bankrupt because for decades those cities have been fleeced by the people who have been running them, mismanageing them!
Your local city counsel might be fleecing your city right now if you don't watch them.
We vote local people into positions of power thinking it's just the city, but millions if not billions of dollars get spent on a variety of things, and who bennifits from that spending, do you?
That's the problem, we trust our local government while they steal from us, and some cities are just becoming aware of that corruption that happened years ago, and those people are gone now, living in other states, Lol, suckers learn the hard way that local government doesn't always take care of you as much as they take care of themselves.

A bolder President and less obstructionist Congress would be pushing for more financial assistance to states, counties, and cities from the Federal treasury.

Right now, in a 13 trillion dollar economy, with inflation at 2% and negative real interest rates, it would be very reasonable to print tens of billions of new dollars to do this.

Inflation prosperity ?
Just print money ? like Zimbabwe bucks ?

GDP is growing at about 3 percent per year. The number of dollars in circulation needs to increase to keep pace, or we will fall into a deflationary death spiral like in the depths of the Great Depression.

Too much printing is bad. Too little printing is even worse.

Didn't you know ? As of last year the National Debt is greater than the entire GDP .
http://hotair.com/greenroom/a...

The Fed is printing money backed by bonds that the Fed is buying
WSJ: Fed Buying 61 Percent of US Debt
http://www.moneynews.com/Head...

The EU debt crisis worked so well they decided to play follow the leader.
Washington's $5 trillion interest bill
http://money.cnn.com/2012/03/...

It Is Now Mathematically Impossible To Pay Off The U.S. National Debt
http://money.cnn.com/2012/03/...

Thank the republicans and the Bush presidents>

???
Obama is responsible for the first credit downgrade .
http://www.washingtonpost.com...
CBO: Obama’s Policies to Increase National Debt 47 Percent to $21.7 Trillion by 2022?
http://www.sodahead.com/unite...
Obama is the current president responsible for the Fed to print money backed by buying it's own bonds.

Obama created 5 Trillion dollars in debt in his First Three years.
National Debt has increased more under Obama than under Bush in 8 years.


http://www.cbsnews.com/8301-5...

How can this be blamed on anyone other than the sitting president ?

California has been bankrupt since Reagan. And that was before he bankrupted the US.

hmm,, well you forgot to include a Bush or two in your avoid the truth, let's blame some one game...

This is liberalism at its finest. Unions played a big role in that too.

This is where many cities across America stand today, on the brink of going belly-up.

Lousy Mayors, corrupt city officials, pensions, sanctuaries for illegals and they're bringing it all upon themselves. If you build it, they will come.

Are you kidding; SC, NC AL,LA, KS OK GA TN, KN MO, AR ID UT, etc, etc and more of the Red states have been getting subsidized by the Blue States for decades. These are just some that get back over $2 for every $1 they pay in. Without the Liberal, Union blue states, the whole country would collapse.

Funny how you mention the states that feed your pie-hole and ignore the Federal govt price fixing and paying farmers to plow under and what crops they're allowed to grow.
Have any idea where all the coal and gas come from supplying the energy needs?

And you conveniently ignore that 20% of a certain demographic can drag an entire state down from hanging out at the welfare office and holding up the wall outside the local likka-stoe. Take a walk inside ANY Social Services office and describe what you see.

Librul union states my ass.... they wouldn't be able to function without the red.
Keep it up and you just may find out, though. Factories and assembly plants can be built virtually anywhere.
Caterpillar - Indiana -Georgia
Boeing - S. Carolina
TOYOTA USA - Mississippi

All companies who have recently built or in the process of building $200 Million facilities in Right to Work states in SPITE of 0bozo's policies, not because of them.

he's a troll, they are all over the polls this morning.

The hard-core Libriul misinformation sites are working overtime getting E-Mails out to their minions with the same twisted 'statistics' fancy graphs of cherry-picked carefully worded propaganda.

Toyota, Mitsubishi, Honda, Isuzu, Hyundai, KIA, and the rest aren't in the South because they're wonderful people. They're there because the South is Third World Economy and don't feel the need to pay anyone. What I think is funny, is how your despised Welfare People only seem to drag down the Red states. In your world, blue states don't have welfare?

Those companies are there because they don't have to dick around with the union pigs and force the workers to obey their demands.
Face it, it's not like somebody attaching the same headlight on the same model automobile 50 times a day went through extensive training to learn the task.
The fact that people get $45 per hour (plus bennies) doing a job a monkey could perform is part of the problem.

The residents in the south are happy with their wages because they don't pay $1,800 per month to rent a 1,100 sq. ft. shoebox and call it home. They don't have to dodge gunfire while walking their kids to school or stopping at the store to grab a gallon of milk and loaf of bread.

Of course blue states are full of welfare recipients and that's the second part of your 'statistic' that you don't comprehend.
States like MA, NY, CA & IL have all kinds of fat-cats living there regardless of their political affiliation and those states rank very high in the amount of money paid to the IRS.
They also pay county and state tax which pays for a great portion of the Social Services.

Yeah another great day on the old Job Fair line. 7 jobs, 1,000 applicants., and every one pays $7, I lived in NYC for only 65 yrs, so tell me how it works there. What you don't WANT to understand is simple. The Blue states pay the Red states freight. Just that simple.

Perhaps you should have spent more time traveling the USA and saw something different besides NY.

Yeah, we're in a pickle now and it's going to take a lot of sensible legislation to un-do all the asinine laws, restrictions and regulations.

Don't worry.... we're on it and by 2020, we will be 75% energy independent and many of the manufacturing that's located in the war zone of the Motor City area will have moved to safer areas. Michigan is almost lost. Detroit, Dearborn, Flint, are sinkholes. Ohio, Wisconsin & Indiana will be just fine and Illinois will remain the capital of corruption. GM is practically owned by China anyway and I expect Ford & Chrysler to migrate south as well.

There's going to be a lot of changes and NOT the kind 0bozo was referring to when proclaiming he would fundamentally transform the USA.
Hopefully, all will go smooth because I guarantee the 'blue' states aren't going to like the outcome if we end up splitting into two separate nations.
We have most of the clean water, natural resources, farmland and plenty of ports to ship goods from.
You'd find out real quick, who's been carrying who.

You switched hats again. This one is crazier than the last. And you wish you'd see as much of the world as I have.

I think your brain has collapsed.

don't strain yourself.

NO, STOP, MY RIBS......
ROFLMAO!!!!!!!

You want to see where America is headed in the near future, look to CA. It is not the economy's fault this is happening, it is stupidity among governments both local and state. CA has 13% of the US population, yet supports 32% of the nation's welfare cases. CA has an estimated 7 million illegals, which suck the life from our schools, infrastructure and hospitals. CA has the 3rd highest income tax, which starts at $47,000 annual income(according to reports a person in CA making 47K is tax at the same rate as millionaires in other states). CA has the second highest state gas tax. CA has the highest business tax. The list goes on and on. When you put incompetent democrats in charge of running a state for decades this is the result.

You forgot that CA has more prison inmates than England, France, and Germany combined, You forgot that CA is basically an AgraState. Without illegals, the economy would collapse in one yr.