5/20/2009 9:40:50 PM
The voters of California have no to blame but themselves for their retarded voter referendums that placed unfinanced burdens on the State's coffers.
5/20/2009 9:53:10 PM
http://www.youtube.com/watch?v=ZzhbBbZJVN4&feature=channel_page
5/20/2009 10:18:43 PM
Aren't you the same guy that is forever in this section crying about the oppressive government like the public won't do the right thing come vote time when it really matters?
5/20/2009 10:26:03 PM
I think california still wants to party like its an open bar but doesnt want to pay their tab. Im sure there will be some more federal funds on the way to that state.If this forces them to shrink the size of their govt and scrap thier union contracts.. im all for it. However, I fear this will only result in you and I paying for the crap in cali.
5/20/2009 10:31:22 PM
this is like the credit card, housing, etc crises....american citizens want this, that and everything, but without any responsibilities that come with it.i have to admit, i'm not immune to that mentality, but it's certainly widespread.
5/20/2009 10:33:16 PM
^yep. People are shouting "I dont care HOW you get it to me, but get it to me!!!" .Then mumble "just dont expect me to pay for it or do anything to earn it."
5/20/2009 10:36:05 PM
5/20/2009 10:42:30 PM
This could be a warning of things to come. For years, California has led the way in liberal social spending. Now the state is drowning in debt. Obama is doing the same thing bloating our budget deficit by 4 times.I hope Obama doesn't force the rest of the states to bail out California, forcing the rest of us to us to pay for all their wasteful social spending.
5/20/2009 11:37:48 PM
5/21/2009 12:00:37 AM
5/21/2009 12:56:22 AM
I have read that almost half of that budget shortfall could be made up by denying services to illegal immigrants. Interesting to see what comes of it. Looks like some areas have already started the trend.http://www.latimes.com/news/local/la-me-immighealth27-2009apr27,0,3560878.story
5/21/2009 1:08:05 AM
Ok fail boat, I guess the fact that there is no outrage over increasing programs in california while opposing every bill to pay for thier services is such a poor conclusion in your world. The level of spending is not sustainable, at this state level or our federal level. Its time to become upset with increasing in spending, just not increases in taxes.
5/21/2009 9:13:29 AM
5/21/2009 9:34:10 AM
California press now having a temper tantrum over the voters having a temper tantrum...
5/21/2009 10:50:49 AM
the ballot initiatives are stupid especially considering that only 50%+1 is needed to pass them, when it takes 2/3 of their congress to actually pay for these initiatives. also someone i was reading about this mentioned that their term limits meant that there is no long-term culpability for representatives who pass bad legislation because they're usually long gone before the problems become apparent.
5/21/2009 11:13:09 AM
5/21/2009 12:20:27 PM
I hate to sound like a hack, but the problem truly is the incredibly powerful public sector unions and their pervasive influence in Sacramento. The referendum system certainly doesn't help. We are a representative democracy for a reason. The special elections have brought us Prop 187, Prop 8, and numerous other ridiculous pieces of legislation approved by uninformed voters in knee-jerk reactionary fashion. Let the politicians do their jobs and stop allowing a fickle populace to decide on spending proposals, among other things.[Edited on May 21, 2009 at 12:44 PM. Reason : 2]
5/21/2009 12:43:03 PM
"Now California's mostly Democratic political class will petition Washington for a bailout to nourish the public sector that is suffocating the state's dwindling -- and departing -- private sector. The Obama administration, which rewarded the United Auto Workers by giving it considerable control over two companies it helped reduce to commercial rubble, will serve the interests of California's unionized public employees and others largely responsible for reducing the state to mendicancy.""Last November, as the dark fiscal clouds lowered, they authorized $9.95 billion more in debt as a down payment on a perhaps $75 billion high-speed rail project linking San Francisco and Los Angeles -- a delight California cannot afford."http://www.realclearpolitics.com/articles/2009/05/21/californias_dependency_culture_96597.html
5/21/2009 12:48:18 PM
5/21/2009 1:03:24 PM
come on 1337, we all know the only boom of substance was the clinton dot.com boom.
5/21/2009 1:23:56 PM
I love how people who don't even live in California act as if they can offer meaningful solutions to ameliorate this messUnless you've actually lived there, you probably should just keep your mouth shutyou sound like a bunch of monday morning quarterbacks...
5/21/2009 6:42:27 PM
I don't know, plenty of people living outside California called the state going bankrupt years ago. It doesn't take living in a state to know that spending more than you bring in and promising more and more unsustainable projects and policies will bankrupt you, nor does it take living in that state to know that to stop spending more than you make, you have to stop some spending.
5/21/2009 7:31:56 PM
^^ I live there (here). Now fuck off.
5/21/2009 8:55:42 PM
But I don't live in CA and I do know how to ameliorate the problem.
5/22/2009 12:28:57 AM
This is why you don't put tax increases to a vote, you just do it.
5/22/2009 2:07:25 AM
It takes a 2/3rds majority in the California legislature to approve new taxes. California already has some of the highest state taxes in the country, so Republicans will never go along with another tax increase. They have already run off enough businesses as it is.Ultimately some projects will need to be axed, and many thousands of state employees will need to be fired. But then they still have to deal with a ridiculous retiree health benefits and pension plan, the kind that has bankrupted Chrysler and GM.
5/22/2009 3:13:12 AM
Yes, about that. I have found it somewhat correlated that the harder it is for a state to raise taxes, the higher they seem to be. Yes, there is probably a historical cause/effect there (we tend to have high taxes, so we make it harder to raise them). But the california constitution is from 1879, and I doubt they had high taxes before that. As such, maybe the cause/effect runs this way: in states where it is easy to raise taxes, they do so to the extreme, and cause a massive backlash/punishment, and therefore taxes get cut back to moderate/low levels. But, where it is hard to raise taxes, they never get so high as to cause a backlash, also they produce a strong hesitation against cutting taxes because it would be so hard to raise them back up in an uncertain future.
5/22/2009 10:06:17 AM
5/22/2009 10:47:42 AM
5/25/2009 2:12:48 PM
5/25/2009 7:02:46 PM
1) source?2) i'd say those numbers are suspect, given the number of times I see polar opposite figures quoted elsewhere. More than likely the result is somewhere in the middle.
5/26/2009 10:40:57 PM