California’s Real Debt Is $1.3-Trillion

John and Ken speak to Marc Joffe of the California Policy Center (http://californiapolicycenter.org/) in regard to these recent articles on the subject of California’s fiscal emergency: ➤ California’s Total State and Local Debt Totals $1.3 Trillion (http://tinyurl.com/hh8qbss) ➤ Can California’s Economy Withstand $1.3 Trillion of Government Debt? (http://tinyurl.com/znjpu9b) One aspect Marc Joffe mentioned would be a way to overcome this “debt” is to increase California’s population… however, we see through some recent stories… ★ California Won’t Fall Into The Sea — It’s Moving To Texas Instead (http://tinyurl.com/ztyrxae) ★ The Exodus of People Moving Away From California Is Becoming an Avalanche (http://tinyurl.com/gouwmkd) …this is not a viable option… nor will it be as long as Democrats are in charge: ✦ California Regression – Eco Craziness (https://youtu.be/MuKO0pjCes8) ✦ John & Ken Discuss CalPERS Ponzi Scheme (https://youtu.be/bPFqOxl-pcs) In other words, Californians are doomed if remaining on this course.

Capture

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s