Re: The Big Collapse Could Be Very Near
Hey you should see what our reps are doing here in the state of michigan , last october our house and senate had to approve a balanced budget, our govenor jennifer grandholm said everything had to stay revenue neutral.
Lets see, we have the 2cd highest paid legislative body in the country, get elected to the house or senate 80k a year for 112 days of work , $1000.00 a month travel expenses, and after 5 years as a bonus you get free medical for the rest of your life. Yepppiee , I'm thinking about running.
Here's the best part , the state government body are so talented with their 52 billion dollar state budget that they couldn't even balance it last october, so the most creative thing they could do here was raise taxes on the businesses. Oh and they gave everyone working for the state a 1% increase on their payroll just to clinch the next election.
Now last december 7 months ago the state owed 1.2 billion to the feds for the unemployment bank, or borrowed money, or chinese money, or maybe it's non-printed money soon to be like pre-natal. In just 7 months time we are now at 2.15 billion to the feds.
Our unemployment is 13% but if you factor in before the clinton administration's fudging the formula factors add another 8% on top of that. And I here up in the upper peninsula its in the 30%+ range. Oh yea I forgot if you are on the unemployment roles here in this state its a minimum 19 months of collecting.
I ran into a guy last week at the store and he works in the small city I live in . He said he had 25 families come in and fill out change of address forms, all 25 were moving out of state. If your looking at what big government can do for you, look no further , just take a look at our democratically controlled house, senate, and governor. I really think that is why Hillary never came to this state to campaign , because it was a mirror image of what it would have been like in washington d.c. There wasn't any role model here.
Legacy costs for this state in 5 years will be 10 billion dollars a year for state entitlements, think we can give california a run for their money?? By the way Texas has 2.4 times the population than michigan and their part time legislatures recieve $8000.00 a year for doing their part, the right thing, serving their state as a public servant, not a career!
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