Peter Pays Paul

Inside commercial hard money lending.

9 Dec

California’s Budget Crisis

Category: Life-in-General

California’s budget crisis is in a fervor.

Bloomberg.com: Worldwide.

Politicians need to learn that you can’t spend what you don’t have. Unfortunately, too many politicians were “writing checks [their] body can’t cash”. They promised everyone the world, but didn’t think of how they were going to pay for it.

Tags: California


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Posted Tuesday, December 9th, 2008 at 4:37 pm
Filed Under Category: Life-in-General
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