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Author Topic: Mortgage deal helps states in budget mess [Locked]
Kjarhall  3 stars
Title: The Pungent One
Posts: 915
Registered: 2002-3-1 15:47:21
Rosaria posted:

I don't really care what the states use it for. Does it matter?



Sure it does. Shouldn't it be confined to what it was intended for? Shouldn't it be reaching those it was intended for?

I'm surprised by your answer.

Think about it this way. Pretend it's YOUR state. Pretend it impacts you as a homeowner. What would be your reaction then?

Don't answer "It's not, so no reason to pretend". Because if one state can do it, other states can and will.

 

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Groucho48  3 stars
Posts: 821
Registered: 2003-10-22 03:00:14
Back in the day, the states brought a successful suit against tobacco companies for the increase in health costs that the states had to pay. They won huge settlements. The plan was supposedly to use that money to actually PAY for those health costs. But, the states ended up using that money for all sorts of other things. I'm sure there are other examples out there.

Kind of sucks for the folks who were actually the point of the lawsuit, but, that's pretty standard when they are up against the big corporations.

 

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“Science is like sex: sometimes something useful comes out, but that is not the reason we are doing it.” – Richard Feynman

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