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The
way things are going in California, with President Bush
starting to help, I am scared that ALL
AMERICANS are going to become involved in the
bail out. This is at a time when California has $60.
94 billion in potential surpluses of the
taxpayers' money. (My recent review of California's FY
2000 Comprehensive Annual Financial Report [CAFR]. Click
here for the report.)
Now
you don't have to believe me, but will you believe a
Former Energy Secretary? On January 23, 2001, 11:09pm
Mountain Time, on CNN TV-Headline News, John Herrington,
Former Energy Secretary in the Reagan Administration
said:
"They
(Federal Government) have no obligation to bail out the
State of California. California has 34-35 million
people, a very wealthy State, with HUGE,
and I emphasize HUGE, tax surpluses. There is
plenty of electricity out there, it just is too
expensive and no one wants to pay the bill."
(Emphasis added)
May
be Secretary Herrington went to www.cafrman.com
.
With
a slow-down/recession on the horizon, all Americans will
be adversely affected if the California economy, because
of this energy fiasco, goes into a deep recession. The
people of California need to get the truth and get it
now on the $60.94 billion.
If
you don't believe it will affect you then just listen to
the news. California is 12% of the U.S. economy and the
sixth largest economy in the world. I don't care where
you are in the U.S.; if California does down, you go
down.
I
need your help. I do not know who to contact in
California in order to get mass coverage of the $60.94
billion in potential surpluses that exist in California.
I know the news media will not cover this issue. Are
there consumer groups, taxpayers' associations,
independent political parties, etc. that can be
contacted ? Give me an email list/addresses or something
that I can use. I'll do the work in contacting them.
If
you have your own email list, then send this email out
to them, because there may be others who have ideas on
this issue that we have not thought of. If you have a
web site, then put it on your site for a short period of
time .
I
need to get my report on California to Californians who
can do something. Forget the Governor and legislators;
they created and are involved in this crisis.Who was
Governor Davis' last opponent or next opponent? Who are
the politicians that lost in the last election or future
challengers? This is great ammunition for them.
I am
picking your brain, expertise and experience, because I
hope there will be some of you who can help.
Respectfully,
-CAFRman
P.S.
"I
am only one, but I am one. I cannot do everything, but I
can do something. And because I cannot do everything, I
will not refuse to do the something that I can do. What
I can do, I should do. And what I should do, by the
grace of God, I will do." - Edward Everett Hale
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