Gov Schwarzenegger should have a long talk with the Texas State Comptroller Susan Combs
Texas State Government even though faced with the same economy as everyone else, appears to be in a very good cash position. Their investment fund balances increase each year; and they increased their budget overall.
If Forbes Magazine instead of doing the top 100 wealthiest individuals or companies did “The Top 100 Wealthiest Local Governments”, Texas would be right up there at the top. Hey, they can do the same for the top 100 wealthiest Cities; Counties; and School Districts also.
Ever wonder why Forbes nor other syndicated national publications have never mentioned a word per qualifying these top lists? Oh, I forgot, they only want to talk about government debt at the front door to justify further tax increases and whisper at the back door to secure their share of the massive wealth involved. Silence is truly golden!
And now… the rest of the story. …..
Harold
