Wow, the banks get bailed out, AIG gets bailed out, the auto industry gets bailed out, ALL with TAX dollars that Californian's will burden for YEARs. However, the white house states that California is on it's own? Whats wrong with this picture. The MOST populated and one of the most prosperous states, that contributed very large sums of tax dollars over the years, gets snubbed!
WASHINGTON, June 16 (Reuters) - California's budget crisis due to the U.S. recession is one that the state is going to have to solve on its own, the White House said on Tuesday.
"It's obviously not an easy time for the state of California," White House spokesman Robert Gibbs told a briefing when asked if the administration would provide emergency financing for the state.
"We'll continue to monitor the challenges that they have, but this budgetary problem unfortunately is one that they're going to have to solve," Gibbs said