Rolling Blue State Bailout Ended in Tax Agreement

    One of the best things to come out of the White House and Capitol Hill tax deal is that the liberals are apoplectic that there is no extension of the so called ”Build America Bonds.”  These bonds are a rolling-state-government bailout mechanism that subsidizes the interest rate of state issued bonds.  Essentially, these bonds put off the day of reckoning for the blue states that are in a terminal | Read More »

    Rolling Blue State Bailout Ended in Tax Agreement

    One of the best things to come out of the White House and Capitol Hill tax deal is that the liberals are apoplectic that there is no extension of the so called ”Build America Bonds.”  These bonds are a rolling-state-government bailout mechanism that subsidizes the interest rate of state issued bonds.  Essentially, these bonds put off the day of reckoning for the blue states that are in a terminal | Read More »