"History is a wonderful thing, if only it was true"
-Tolstoy

Wednesday, July 29, 2009

Sub Prime Governance ?

Just after watching finance head for Calif on CNBC about how totally dysfunctional the state's fiscal system is in his state, I spotted the following

Let's pick the worst of bad ideas, abandon leadership, just let the voters pick the most appealing offers. Let's not make hard decisions.

The Californication of Michigan | Democracy in America | Economist.com:
"MICHIGAN has become the sick man of the United States, with unemployment 50% higher than the national average, and dying industries that are begging the federal government for aid. The state's Democrats, who have controlled more and more of state government since the 2002 elections, have presided over some of the worst of it. They're now considering plans to place initiatives on the ballot in November 2010 with the aim of rescuing... well, it's not clear what they think they're rescuing."

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