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California proves it’s a Mickey Mouse state

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Jon Rappoport's Blog

California proves it’s a Mickey Mouse state

by Jon Rappoport

January 30, 2017

The California state government, together with the voting bloc of so-called Progressives, acts like a child who steals his rich parents’ credit cards, maxes them out, gives his new Ferrari to “a friend in need,” burns down his own house, and then complains that things are not going well.

Financial analysts, and even Governor Jerry Brown, agree that the real debt of the California government is…$400 billion. That’s right. This includes bond issues, retirement and pension fund obligations, and health care for retirees.

My, my. And the state has no way to pay for this staggering debt as it mounts in the future.

“Well, we were just trying to help everybody and give them money and benefits.” Yes, I’m sure you were. Here’s a lollipop and a free ticket to Disneyland for your efforts. Now…

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