U.S. governors seek $1 trillion federal assistance

[one love]

PHILADELPHIA (Reuters) - Governors of five U.S. states urged the federal government to provide $1 trillion in aid to the country's 50 states to help pay for education, welfare and infrastructure as states struggle with steep budget deficits amid a deepening recession.

The governors of New York, New Jersey, Massachusetts, Ohio and Wisconsin -- all Democrats -

http://www.reuters.com/article/newsOne/ ... F120090102

[bibleguy]

When will it end? The Federal Gov't has NO MONEY!! These Governors are asking you and me for $1T!! This has to stop.

I am amazed. I lived in Massachusetts until just a year ago. A couple of years back there was a referrendum to raise the state income tax from 5.5% to 5.75% percent (I believe those are the correct numbers ) Point is, it was defeated, BUT it was added onto the tax filing form as an OPTION. You could check a box stating that you want to VOLUNTARILY pay the higher tax !!!

In fact, I even knew people that chose that option .

We have been conditioned to expect the government to do everything, and pay for everything. The government has proven that it can only pay for stuff by taking money from you in the form of taxes, printing money, or borrowing it from the Federal Reserve.

Then when they do it, it is done in the least economical way possible. ARRRGH!!