Howard Rich's Blog

May 13, 2009

The United Fiefdoms of America

Lost in last week’s barrage of Barack Obama “spending reform” coverage was a USA Today story that should send chills down the spine of any state official – or taxpaying citizen, for that matter.

For the first time ever, federal aid – not property, sales or income tax – is the top revenue source for state budgets, the paper reported.

And not surprisingly, you could probably knit your way from Hyannis Port to Honolulu with all the “strings attached” by federal bureaucrats.

Like the automotive industry, banking business or mortgage market, an unprecedented level of state governmental policy is now controlled out of Washington…

The United Fiefdoms of America

Advertisements

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Create a free website or blog at WordPress.com.

%d bloggers like this: