Thursday, August 12, 2010

Here's The Problem

In an article from the Washington Post, Matt Miller describes the latest $26 billion state assistance bailout from the Obama/Reid/Pelosi regime, as akin to the old Saturday Night Live ad parody "New Shimmer is a floor wax and a dessert topping."  He writes that borrowing money from China to bailout the auto industry is on thing (and a wrong thing), "but borrowing from China to keep runaway Medicaid programs in New York and California free from fundamental overhaul, and gargantuan unfunded public pensions untouched, seems mad. In California, more money is spent each year on compensation and pensions for 70,000 prison employees than on the state's entire higher education system!"  Washington has given us all 26 billion more reasons to end the Reid/Pelosi nightmare in November.

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