From: "Robert Comer" 

The economic/stock market downturn has hurt the states far more than
anything this or the last president did...

- Bob Comer


"Robert G Lewis"  wrote in message
news:3ed4bc7f$1{at}w3.nls.net...
> Some of the items are definitely overstated, if not wrong which is a shame
> because the ones that are correct are damming enough.
>
>  I don't think that states can declare bankruptcy but I could be wrong.
> Texas does have some major funding problems right now though as do most of
> the states. Part of the problem is due to cutting back on taxes. New
Jersey
> actually borrowed money for tax relief under the previous administration.
>
> The Administration's policies definitely  have an impact on the market
> though.
>
> Bob Lewis
>
JLBeamish{at}rogers.com> wrote in message
> news:3ed4a96c{at}w3.nls.net...
> > I find some of the items just too incredulous.
> >
> > For example:
> > (a) > Cut taxes and bankrupted the Texas government to the tune of
> billions
> > in
> > > borrowed money.
> > (b) > First president in U.S. history to have all 50 states of the Union
> > > simultaneously go bankrupt.
> >
> > The government of Texas declared bankruptcy?  All 50 states declared
> > bankruptcy?
> >
> > And then there are the things for which he had no possible impact:
> >
> > (c)> Set all-time record for biggest drop in the history of the stock
> > market.
> >
> >
> >
>
>

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