Town Square

Feds may buy state bonds to relieve cash-flow shortfall, jump-start local projects

Original post made on Jan 16, 2009

The leaders of the five Tri-Valley cities are in Washington, D.C., today meeting with members of the California congressional delegation and other government leaders in hopes of gaining federal funds to jumpstart a faltering economy and speed along big ticket projects needed here.

Read the full story here Web Link posted Thursday, January 15, 2009, 5:39 PM

Comments (6)

Posted by Bill Turner
a resident of Valley View Elementary School
on Jan 16, 2009 at 10:08 am

Once the state gets into the habit of balancing its budget using Federal $$, it won't go back. This will essentially extend the ability to print money, and the exemption from balanced budgets, from the Federal to State levels, effectively starting the process of nationalizing the states. Maybe we ought to just close down the state houses as a way of removing a layer of middle management. Concepts which only six months ago were big foundations of our Republic seem increasingly quaint, don't they?

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Posted by Bob
a resident of Heritage Oaks
on Jan 17, 2009 at 5:55 pm

It's about time real people like us get a bailout from the Feds and not just those bankers who caused this credit meltdown getting bailouts

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Posted by mario
a resident of Danville
on Mar 5, 2009 at 10:28 am

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Posted by amily
a resident of Danbury Park
on Mar 13, 2009 at 5:35 am

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