Quote:
Originally Posted by whell
Got it wrong again, tool, possibly because your knowledge of budgeting came from inside the Beltway. And your analogy sucks. Here's a better one:
Cali saying that they have a surplus is like saying that I have a mortgage payment that doesn't fit my annual budget, so I'm going to borrow the money to pay the mortgage...
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What you're describing is a second mortgage. Having a second mortgage doesn't make one any more bankrupt than having a first mortgage. 
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05-14-2018, 03:12 PM
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