If I'm not mistaken that's in spite of a bailout.

Current Events » in reply to One example of what happens when credit dries up.

Bowser — 10/4/2008 3:10:06 PM (archived)

California is asking for that even though the bailout has been voted. (The questions are mostly statements, not really needing answers.)

Why does California have to rely upon borrowed money to operate? We're talking operating expenses here, not capital improvements.

Would it be best to encourage that great State to operate with the funds it has? Especially considering the resourses the State has to raise money?

The whole thread (12 posts)

Counting Freddie and Fannie, $1.8 trillion for lenders, not borrowers. It gets worse. - Bowser - 10/4/2008 3:16:54 AM
- Does anyone promise things will get better with this bailout? And what it doesn't cover. - Bowser - 10/4/2008 4:49:52 AM
  - "Bailout 101" - TB - 10/4/2008 5:23:02 PM
  - re: Does anyone promise things will get better with this bailout? And what it doesn't cover. - SteveS - 10/4/2008 4:24:58 PM
    - Probably want a new thread for that. Please refer to subject line above. (n/t) - Bowser - 10/4/2008 4:59:20 PM
  - One example of what happens when credit dries up. - alcaray - 10/4/2008 5:48:21 AM
    - If I'm not mistaken that's in spite of a bailout. - Bowser - 10/4/2008 3:10:06 PM
      - Oh and the other bit of your post. - alcaray - 10/4/2008 8:16:43 PM
      - There is nothing that can be done that will solve all the problems immediately. - alcaray - 10/4/2008 8:11:46 PM
        
        I could not agree more. I have another concern, though. - Bowser - 10/4/2008 8:47:55 PM
        
        Honestly, it is too complicated for me to have an informed opinion. - alcaray - 10/4/2008 11:24:09 PM
- Feeding the Beast - Lindy - 10/4/2008 3:30:01 AM

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