ATG
Banned
+5,233|6833|Global Command
Lets skip all the bullshit.



California has year after year spent itself into the red ink, no matter what the revenues, no matter what the shortfalls.

Now you have a situation where the republicans refuse to raise taxes and the democrats refuse to cut spending and what you have is a state with no budget. As kmarion would point out, the governator doesn't make the budget, he just signs the one on his desk, or doesn't.

Unlike Bush, the Governator was saying years ago that what the situation was was not a revenue problem, but a spending problem.
Now it is both and they say they will have to have massive tax increases ( which historically always prolongs and worsens recessions/depressions ) along with painful spending cuts.

Our state will soon arrive on capitol hill, hat in hand to ask for somewhere between 20-50 billion dollars, just like the Big Three.



nowhere will there be talk of making state jobs comparable to private sector jobs in terms of pay and perks and benefits
nowhere will there be discussion of the impact of a ' no border ' policy on our schools and hospitals.


Instead they will triple the car registration tax ( making an average cost of $900.00 per year ) and " temporarily " raise sales tax by 1.5%.
This will only forestall the inevitable and triple the amount of debt we are letting the crooks saddle our children with.



Socialism would be fine, if I got to see a dentist and put my kids through college and not freakout about medical bills if my son breaks an arm.
But this neo-socialism only socializes large bank and corporations debts.You and I will see nothing but a deflated dollar, consumed savings, depleted retirement funds and years of stagnation.

I know many small business people that need a bailout. This isa load of horseshit and the people in charge should be....nevermind.

http://www.insidebayarea.com/oaklandtri … source=rss
SgtHeihn
Should have ducked
+394|6791|Ham Lake, MN (Fucking Cold)
Holy fuck, when I was their they were already trying to charge me $300 a year for registration now they want to triple it??!!! I am fucking glad I moved back to Minnesota. Alex if you can sell you house, their is a 5 bedroom house down the road from going for $300k with 4 acres of land.
Kmar
Truth is my Bitch
+5,695|6905|132 and Bush

ATG wrote:

As kmarion would point out, the governator doesn't make the budget, he just signs the one on his desk, or doesn't.
At least at the state level referendums are more common. The people usually have more direct input when it comes to programs and taxes. Federally.. ntsomch.

Didn't NY and DC go bankrupt at one time? Maybe it was just the cities.

Edit: Here is what I was thinking of: "The city neared bankruptcy during the administration of Mayor Abraham Beame but avoided that fate with the aid of a large federal loan. "
Xbone Stormsurgezz
ATG
Banned
+5,233|6833|Global Command
Kalifornia people are re-tard-ded.
All you have to do is call tax increases ' bonds ' and the fecking sheep line up to pass it.
Dilbert_X
The X stands for
+1,817|6410|eXtreme to the maX

ATG wrote:

But this neo-socialism only socializes large bank and corporations debts.You and I will see nothing but a deflated dollar, consumed savings, depleted retirement funds and years of stagnation.
Not sure what it is TBH

Feudalism?

Socio-capitalism?

Anyone?
Fuck Israel
AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6457|what

It's a double edged sword. You need to raise taxes in California because it cannot possibly hope to get adequate funding for essential services, but you also need to increase spending because the whole nation is facing a jobs crisis and increasing the state spending will create jobs.
https://i.imgur.com/maVpUMN.png
Catbox
forgiveness
+505|7020
The illegals are going to be pissed... they came to California to get away from poverty and bad govt...lol
would it be safe to say they are part of the problem in Cali also?

and proposition 13 is pretty bad it looks like...
http://en.wikipedia.org/wiki/California_Proposition_13_(1978)#Aftermath_in_California

Last edited by [TUF]Catbox (2008-12-10 23:49:10)

Love is the answer
Dilbert_X
The X stands for
+1,817|6410|eXtreme to the maX
I thought California was the richest state, they just overspend, and got butt-raped by Exxon.
Fuck Israel
jsnipy
...
+3,277|6826|...

Let Hollywood bail CA out
usmarine
Banned
+2,785|7066

maybe arnold should have thought about that when he had all those little private jet perks.  fucker not only got private jets from his movie deals, but gets one because of his job.  so, did he maybe say no to the state paid one?  of course not.  he had an empty one follow his state one in case that one had a mechanical issue or something.  lol.

gj
Kmar
Truth is my Bitch
+5,695|6905|132 and Bush

Dilbert_X wrote:

I thought California was the richest state, they just overspend, and got butt-raped by Exxon.
California, Arizona, Nevada, and Florida have been hit hard by foreclosures the last couple years. Those states were notorious for having house "flippers". States are hurt when home sales slump. Property taxes and other fees cease to exist. Your first instinct might be to raise property taxes, but that often has the reverse effect. That equals zero revenue to the state. It can make homes unaffordable all together. Last year Florida voted yes on offering extra tax exemptions and ever since then existing homes sales have risen and inventory has come down. We are up 15% this month.
Xbone Stormsurgezz
Lotta_Drool
Spit
+350|6487|Ireland
Kalifornia is a prelude to the Amerika to come.  I just wish it would fall into the ocean so the US government would have less socialists in it.
Braddock
Agitator
+916|6594|Éire

Lotta_Drool wrote:

Kalifornia is a prelude to the Amerika to come.  I just wish it would fall into the ocean so the US government would have less socialists in it.
Suk it up!
Mekstizzle
WALKER
+3,611|6925|London, England
Hmm, things seem to be taking a turn for the worse. Especially here. Well not really. Well, I still don't think we're experiencing it properly just yet. Could it be that the US will only outlast the USSR by ~20 years (that should turn this thread into a 15 page flamefest at the very least)

Last edited by Mekstizzle (2008-12-12 10:57:40)

KEN-JENNINGS
I am all that is MOD!
+2,984|6936|949

Gray Davis takes office - budget surpluses for California.  Davis increases spending for numerous programs (among them Education) while at the same time lowering taxes while still maintaining budget surpluses.  The dot-com bust hurt California budget revenue, definitely.  Davis also spent a lot of the surplus $$ on buying energy during the supposed 'energy crisis' - which we now know was partly falsified and propagated by energy speculators and energy companies (Enron being one of them).  So we recall Davis the greasy slimeball  (GG California) and elect the Governator (who promises to balance the budget lol).  Arnie decreases tax revenue, calls for increases in state programs (among them initiative to throw more dough to the Dept. of Corrections, much to the applause of the #1 lobby in Cali), and gets elected again in 2006 while never making good on the promise to balance the budget.

By the way, the vehicle reg tax has been raised and lowered many times.  The last time it was lowered by mandate because of the budget surplus Gray Davis managed to dissolve.

You do have to wonder what effect Prop 13 had on housing speculation artificially driving up the cost of homes though.
usmarine
Banned
+2,785|7066

Lotta_Drool wrote:

I just wish it would fall into the ocean so the US government would have less socialists in it.
this
KEN-JENNINGS
I am all that is MOD!
+2,984|6936|949

usmarine wrote:

Lotta_Drool wrote:

I just wish it would fall into the ocean so the US government would have less socialists in it.
this
The US needs California more than it needs Ohio (or the fucking waste of resources that is Vegas) or Oregon.  It's good to feel important!

FYI - The budget problems were induced by a Democrat and deregulated energy companies, continued under a Republican and perpetuated by lobbyist groups.  Socialism has very little relevance.

Last edited by KEN-JENNINGS (2008-12-12 15:44:33)

usmarine
Banned
+2,785|7066

KEN-JENNINGS wrote:

usmarine wrote:

Lotta_Drool wrote:

I just wish it would fall into the ocean so the US government would have less socialists in it.
this
The US needs California more than it needs Ohio (or the fucking waste of resources that is Vegas) or Oregon.  It's good to feel important!
right.  been riding with arnie on his falcon lately?
KEN-JENNINGS
I am all that is MOD!
+2,984|6936|949

usmarine wrote:

KEN-JENNINGS wrote:

usmarine wrote:


this
The US needs California more than it needs Ohio (or the fucking waste of resources that is Vegas) or Oregon.  It's good to feel important!
right.  been riding with arnie on his falcon lately?
What do you think? 

Lately I have been riding my bike to work though, for what it's worth.  Someone's gotta make up for that waste.
usmarine
Banned
+2,785|7066

KEN-JENNINGS wrote:

Someone's gotta make up for that waste.
ya good.  come to ohio and ride your bike to work when its 20 degrees and snowing, then i will be impressed.

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