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San Jose Mayor: "Let me emphasize there is no more money. The well is dry,"

 
Anonymous Coward
User ID: 1269711
United States
02/18/2011 01:29 PM
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San Jose Mayor: "Let me emphasize there is no more money. The well is dry,"
"Let me emphasize there is no more money. The well is dry," said San Jose Mayor Chuck Reed.
[link to abclocal.go.com]

SJ Mayor: 'The Well Is Dry'
[link to www.nbcbayarea.com]

San Jose Mayor Delivers Grim State Of The City Address
[link to www.ktvu.com]
Anonymous Coward (OP)
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02/18/2011 01:30 PM
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Re: San Jose Mayor: "Let me emphasize there is no more money. The well is dry,"
Obama: "We're out of Money."
[link to www.c-span.org] [Warning: PDF]

In a sobering holiday interview with C-SPAN, President Obama boldly told Americans: "We are out of money."

C-SPAN host Steve Scully broke from a meek Washington press corps with probing questions for the new president.

SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money?

OBAMA: Well, we are out of money now. We are operating in deep deficits

CNN: "The figure Walker cites includes future payments that government entitlement programs would have to pay, including $32 trillion owed by Medicare."
[link to www.cnn.com]

"Add together the unfunded liabilities from Medicare and Social Security, and it comes to $99.2 trillion over the infinite horizon."
[link to www.dallasfed.org]

U.S. unfunded liabilities: over 112 Trillion dollars
[link to usdebtclock.org]
Anonymous Coward
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Germany
02/18/2011 01:56 PM
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Re: San Jose Mayor: "Let me emphasize there is no more money. The well is dry,"
Germany should buy California.
Anonymous Coward
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02/18/2011 02:39 PM
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Re: San Jose Mayor: "Let me emphasize there is no more money. The well is dry,"
bump
Anonymous Coward
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02/19/2011 08:40 AM
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Re: San Jose Mayor: "Let me emphasize there is no more money. The well is dry,"
bump
Anonymous Coward
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United States
02/19/2011 08:45 AM
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Re: San Jose Mayor: "Let me emphasize there is no more money. The well is dry,"
Germany should buy California.
 Quoting: Anonymous Coward 1269876


You'd love the freaks in Berkley
Anonymous Coward
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02/19/2011 08:47 AM
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Re: San Jose Mayor: "Let me emphasize there is no more money. The well is dry,"
They should strike and demand more money.





GLP