invest07
Well-Known Member
- Joined
- May 7, 2007
- Messages
- 550
There is a movement that appears to be gathering steam for California, Washington and Oregon to secede from the US and form their own country.
I say let them do this and good riddance.
First of all these 3 states are carrying huge loads of debt. Cal has $70,000 per citizen. Wash has $62,000 per citizen and Ore has $50,000 per citizen.
By comparison, my state is FL and we have about $1,600 per citizen.
The figures above are only state debt. By the time you add in city and county debt the numbers go way up.
In addition Cal has $85 billion in retirement liability that is unfunded.
And after the exodus from these states slows down the debt will be the same or higher with fewer taxpayers to pay the debt.
If these states are still part of the US and can't pay their debt, who do think they will call on to pay their debt? It will be the Feds and you and I will be bailing them out using our bank accounts.
So I say LET THEM GO and good riddance. The progressives and liberals dug their own hole with this debt. Let them dig themselves out or go belly up. But not at the expense of US taxpayers.
Bye, bye Cal. So long Wash and Ore.
And I say, good riddance.
I say let them do this and good riddance.
First of all these 3 states are carrying huge loads of debt. Cal has $70,000 per citizen. Wash has $62,000 per citizen and Ore has $50,000 per citizen.
By comparison, my state is FL and we have about $1,600 per citizen.
The figures above are only state debt. By the time you add in city and county debt the numbers go way up.
In addition Cal has $85 billion in retirement liability that is unfunded.
And after the exodus from these states slows down the debt will be the same or higher with fewer taxpayers to pay the debt.
If these states are still part of the US and can't pay their debt, who do think they will call on to pay their debt? It will be the Feds and you and I will be bailing them out using our bank accounts.
So I say LET THEM GO and good riddance. The progressives and liberals dug their own hole with this debt. Let them dig themselves out or go belly up. But not at the expense of US taxpayers.
Bye, bye Cal. So long Wash and Ore.
And I say, good riddance.