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Be prepared for second recession in Calif.

Without the stimulus the world economy would be in the same state it was when it was passed, in complete and utter collapse. ======== Agreed 100% I said it back in 2008-let the companies fail, that is why we have BK courts. That is the natural selection process for a democracy. The ENTIRE bailout and stimulus scams have gone to both parties that caused this mess; 1) to big business that was not held accountable for their bad decisions, and 2) to the states, who in turn doled it out to the public unions, the teachers union and the cops were HUGE beneficiaries of the money. So both narrow special interest groups are getting windfalls from the working class poor and middle class who are paid and have significantly less. I watched a special on PBS a few nights ago- it was on Patrick Henry and the colonies in the 1760’s. It was about the birth of our nation. Went into great detail about how the colonies were being taxed exorbitant amounts and received little or nothing in return while the taxes went to the privileged few who lived like kings (yes, actually kings, as in the King of England). The colonist saw this continuing and knew their new homeland could not function if this continued and that was what led to our independence from Great Britan/England. I see the same thing today. Yes, I know this is an over the top comment-but this is how I see, and describe, out country today. The narrow special interest groups are controlling the legislature and the judicial branches of government, and are destroying the country in favor of the narrow special interest groups that were the beneficiaries of the bailout programs, public employees and Big Business. Anyone else agree? I am curious if people think I am a bit whacky or are on the same page I am.
— July 7, 2010 8:27 a.m.

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