Ron Paul will have a strong showing at the upcoming GOP convention, and his freedom movement is just getting started!
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With all the attention being focused on extending the “Bush tax cuts,” granting additional unemployment benefits, and the arrival in Washginton of newly minted congressional Representatives and Senators, a major piece of the fiscal puzzle has been ignored altogether: states’ increasingly pressured budgets for next year.
When the 82,566 fans of the New York Giants cheer their team at the home opener of the season this Sunday at the New Meadowlands Stadium, they will likely enjoy the game more than the taxpayers of New Jersey who still owe $266 million on the old Giants Stadium which was demolished to make way for the new one.
New York Governor David Paterson said in a radio interview on June 10 that his state might have to issue IOUs to pay its bills, or else face “anarchy in the streets.” The state faces a $9.2 billion deficit, and the legislature is two months late in voting on the budget.