[quote=jficquette]Way past due for the time to privatize Education. Get the state completely out of it. Turn it over to private corporations. Take the $11,12,13k whatever it is now we spend per pupil and give it in vouchers to pay for private school.
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You dream, jficquette. The feds will step in to allow most of the current overspending to continue. Since a minority (like a lot of us on this board) get upset by that, they will arrange for the extra federal spending to be disguised. They will do that in much the same way it was done for housing – get the overspending entities to borrow more money, and the feds guarantee future repayment.
So it still boils down to 3 outcomes:
1. Fed bailout
2. More CA taxes (mostly future, to help repay the extra borrowing)
3. Small spending cuts, designed to cattle-prod voters into agreeing to more spending
As for Obama apparently ruling out a federal bailout of CA, that is just preparation for the sleight of hand with loan guarantees. People were fooled by it on housing, so they will be fooled by it on state bailouts. Our leaders just have to stand together and be consistent in their story to the public about loan guarantees not being a bailout, and MSM will report it as a fact, and 90% of voters will swallow it hook, line and sinker.
