California’s I.O.U’s…each time under Republican Governors
July 12, 2009 at 12:17 pm | Posted in American politics | 1 CommentYes, in 2009, a Republican governs California to a point where the government has to give out IOUs to people they owe money.
Yes, in 1992, a Republican governs California to a point where the government has to give out IOUs to people they owe money.
Yes, in the Great Depression, a Republican governs California to a point where the government has to give out IOUs to people they owe money.
Notice a pattern? Notice a trend?
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If only California adopted Sarah Palin Socialist’s Tax Policy for oil… (Dude, that was fun to say). Sarah raised the tax rate for non entrepreneurial oil extraction to 25% (Same as Texas). California just failed to raise it to 14%.
Republicans claimed it will raise the price of oil (set in NY). Thanks Republicans for stiffing us in small business who get the IOU’s in favor of the moneyed aristocracy.
Comment by Nick— July 12, 2009 #