DISQUS

John Magin · 5 months ago

I'll give em 50 bucks for Arnold's Hummer.

DLS · 5 months ago

New York City bankrupted itself by the mid-1970s by liberal policies. Now it's about to happen in California, the Golden State with the liberal reverse Midas touch of Sacramento.

This California native has no sympathy for the state and its predicament.

No bailout by the federal government is ever in order in situations like these, but it is likely to happen. It makes me wonder if failures of blue states (CA, NY, NJ, MI, etc.) is why so much of the federal stimulus money wasn't already spent, or if this is just coincidental and the Demmie clowns in Washington were simply going to spend more money they don't have, without thinking about redirecting any stimulus money.

Ryan · 5 months ago

Maybe they should do something about that two-thirds requirement.

DLS · 5 months ago

The supermajority requirement was established in order to at least try to restrain or retard some of the "Massachusetts Lite" excesses by Sacramento. The answer is reform and taxing as well as spending control, not making it easier to raise taxes or spend more.

itoldyou · 5 months ago

Here is the problem and the solution. The Democrats are elected by the employee unions and they have given them everything they want and more. We have Hwy patrol getting 95 percent retirements and the rest 75 percent. If anyone want to reply how can any system work that raises taxes, then pay and taxes again. Here is the solution. Mandate no person getting a check from the state can get more than 50 percent in retirement and work until 62. Pay 1/3 of their medical premium. Lower class size to 25 to one. that would allow the state to retire 50 thousand teachers and 20 thousand adminstrators. Cut state pay 5 percent at 50 thousand and 40 percent for the high earners like the chancellors getting800 thousand a year. Get rid of all boards like the air resources Etc. Cut the attorney generals office by 50 percent. Build at least 25 Nuclear power plants and drill for oil where ever. Cut property taxes and sales taxes by 50 percent that would allow people to spend their own money on what they want and create maybe a few million jobs. This is the only answer ( I told you )

Silhouette · 5 months ago

That damn well better start with issuing IOUs to the highest levels of elected offices in CA...or there may be a revolt like in Iran..

kjhdfg · 5 months ago

I'll give him $5 if his wife gives me a hummer.

KingofthePaupers · 5 months ago

Jct: There’s nothing wrong with small denomination California State IOUs if I or anyone else can pay their taxes with them. When Argentina’s government workers were faced with cuts, their unions talked 6 state governments into paying them with small-denomination state bonds which could be used to pay for state services and taxes and which everyone accepted as useful currency. Best of all, when the local currency is pegged to the Time Standard of Money (how many dollars per unskilled hour child labor) Hours earned locally can be intertraded with other timebanks globally! In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours.
U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture. See my banking systems engineering analysis at http://youtube.com/kingofthepaupers
Too bad California State IOUs won’t be accepted in payment for state taxes and services like state bonds were in Argentina. Too bad California State IOUs will be denominated too big to use as local currency. Too bad Argentina people were smart enough to avoid the tent-cities catastrophe and California people are too stupid to follow their example.

newsmonster09 · 5 months ago

California has dug itself into a hole that may soon empty out into the ocean on the other end: http://www.newsy.com/videos/california_s_new_cu...