Who Will Bail Out the U.S. Government?

Jacob G. Hornberger

4/26/2010

The Los Angeles Times is reporting that city governments, who are suffering severe financial strains, are looking to the federal government to bail them out. And the federal government, our nation’s daddy, is responding favorably. Congressional Democrats are pushing a bill that would give cities and counties $75 billion. That’s on top of all the $787 billion in “stimulus” money that was sent to localities last year.

Of course, as well all know, U.S. city governments aren’t the only ones who are experiencing tough times. The Greek government is in desperate economic throes as well. Like U.S. cities, the Greek government wants a bailout too.

The story continues …..

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