Who Ya Gonna Call?
The article I’m attaching for your reading pleasure doesn’t indicate that I’m predicting a Mad Max scenario across the U.S. What it does mean is that I have a real concern as to how states and counties will continue to make ends meet given their shrinking coffers due to an ongoing loss of tax revenues. The Feds simply cannot print additional money (we’ll call it stimulus) in order to bail out the states. Faced with that reality, cuts will be made-and they will be painful. I predict more house and senate votes on additional stimulus measures sooner than later, both for the slowing economy as a whole (just think-all that money in ’08 and ’09 just to paper over an ongoing collapse) as well for states like California and Illinois, which are really just U.S. versions of Greece. In the meantime, hope you don’t need the cops in Oakland…
July 21, 2010 at 5:21 am
The majority of public services will be privatized and the taxes increased on the American Sheeple. The politicians(sell-out whores), along with a cadre of state and federal workers(drones, factotums, gophers etc.), will circle the wagons to guarantee their pensions and perks keep coming. They’re addicted to enacting legislation for everyone else while they themselves are always the exception to the new rule. Fuck em all. The sooner this piece-of-crap social/economic/political system implodes, the sooner we can face reality and start over. Yeah, I bought plenty of ammo and firepower down at the local pawnshop. I told the purveyor, “I’m gonna need these when there ain’t no 911 to call”. And that was two years ago. I’m waiting but I’m ready.
July 21, 2010 at 7:06 pm
I don’t think there’s any way not to increase taxes down the road. There’s just too much debt out there that we as a nation can’t service. It will be very interesting to see if more stimulus is passed later this year…there will be a lot of pushback from the right.