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Thread: California goes broke, halts $3.5 billion in payments

  1. #41
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    Re: California goes broke, halts $3.5 billion in payments

    Quote Originally Posted by americanwoman View Post
    It blew my mind when I saw those on a doc on MSNBC. To think they actually have those and fund them with taxpayers money is an outrage.
    You know what would suck though, if a chick who shoots up contracts HIV (unknowingly) because she began sharing needles due to the abolishment of the local NEP. Then the next time she sells her ***** to a Jon without wrapping it up, he brings HIV home to his wife. The Jon eventually feels guilty, and tells her which causes the wife to go off and screw the milkman (without wrapping it up)...

    I know i know, "if people did not do heroin and cheat on their spouses, this would never happen." If my aunt had balls she would be uncle Vickie.

    NEP's are proven to reduce HIV spread in their area. Yes people still share needles from NEP's, but not all of 'em.
    Last edited by Kushinator; 02-03-09 at 09:48 PM.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: California goes broke, halts $3.5 billion in payments

    Quote Originally Posted by Goldenboy219 View Post
    You know what would suck though, if a chick who shoots up contracts HIV (unknowingly) because she began sharing needles due to the abolishment of the local NEP. Then the next time she sells her ***** to a Jon without wrapping it up, he brings HIV home to his wife. The Jon eventually feels guilty, and tells her which causes the wife to go off and screw the milkman (without wrapping it up)...

    I know i know, "if people did not do heroin and cheat on their spouses, this would never happen." If my aunt had balls she would be uncle Vickie.

    NEP's are proven to reduce HIV spread in their area. Yes people still share needles from NEP's, but not all of 'em.
    Whether or not something is generally a net positive is not the same as whether or not something is economically efficient.

    Also, you're drastically overstating the transferability of HIV through intercourse. It's incredibly difficult to get HIV.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: California goes broke, halts $3.5 billion in payments

    Quote Originally Posted by danarhea View Post
    It is official. California is broke, and cannot meet its obligations. It's deficit is now 35% greater than the money it takes in.

    California is also dumb. Why don't they just print up a bunch of counterfeit money to make ends meet? That's what the Federal government does.

    Article is here.
    We talked about this briefly in my Contemporary Political Theory class. Yep, it appears it's the Liberals fault on this one. At one point, my professor got his PHD at University of Cali, they actually paid Graduate students to attend school-- there were also FREE public universities.

    They are great on social issues, in my opinion, for what it's worth, but they're acting like the Guinea Pig for Liberals and that's turned it into the first state to go down.
    My state isn't looking too hot, either. My university, App State, is hosting the grandest 200th Anniversary Darwin lecture series in the world (University Forum however they say that due to cuts if the Anniversary would have been next year we would never been able to get half of these names.
    "I do not underestimate the ability of fanatical groups of terrorists to kill and destroy, but they do not threaten the life of the nation. Whether we would survive Hitler hung in the balance, but there is no doubt that we shall survive al-Qa'ida." -- Lord Hoffmann

  4. #44
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    Re: California goes broke, halts $3.5 billion in payments

    Quote Originally Posted by Arch Enemy View Post
    They are great on social issues, in my opinion, for what it's worth, but they're acting like the Guinea Pig for Liberals and that's turned it into the first state to go down.
    Good essay on what went wrong:
    So what went wrong, and why are tens of thousands of Californians leaving the state with bachelor degrees and above, while tens of thousands enter without high-school diplomas?

    Many answers have been offered—incompetent governance, judicial intrusions, the ballot propositions, trial lawyers, unions, dysfunctional and politically-correct schools, or illegal immigration. But look at it in some sense as the long hoped-for end of the nebulous “them / they.”

    For years the open borders lobby accused “them” (whites? The establishment? Conservatives? etc.) of racism in wanting the border with Mexico closed, an end to state entitlements to illegal aliens (remember the Satanic Prop 187?), and deportations of thousands of aliens in state prisons (a cost nearing $1 billion per annum). But now the state legislature is largely controlled by those who in the past argued for de facto open borders and an expansion, not a curtailment, of entitlements for those without legal residence. So whom to blame? There is no “they” anymore. The outsiders are insiders and own the state—and its contradictions they once helped to ensure.

    Ditto environmentalism. “They” (fill in the blanks: right-wing employers, CEOs, national companies, etc.) were the villains to be overcome in order to stop drilling off our shores, and to put ever more of our timber and recreational and scenic areas into no-use wilderness areas. We were not to build dams. No more canals. Put aside more farm land. No more nuclear plants. Forget coal. Tax gasoline and make it expensive to refine. It is fair to say now that the environmentalist agenda runs the state, and so there likewise is no more “them” to blame—and we must live with the results. I cannot begin to count in my own personal realm of knowledge the farmers who went broke, the high-tech engineers who moved to Nevada, the small business owners who shut down or moved out of state.

    Ditto unions and big government. Ever more high pensions, ever more strict work rules, ever more administrators and high salaries, ever more rules against firing and accountability—and ever fewer to pay for it all. The evil “they” who used to try to moderate unions and state spending are gone—dead, moved away, retired, zilch. And so we the taxpayers work for the unionized government employee rather than vice versa.

    So now those who want unchecked entitlements, open immigration, restrictions on resource development, unionized work forces and ever expanded government won—and won big. The problem is, again, the evil “they” who were to pay for all this in ever increased income and sales taxes, to take the blame of being racist, or sexist, or homophobic or greedy, are pretty much gone (cf. the last stand of the 1% of the state that pays the majority of state income taxes). There are no more “greedy” left to pay money or emotional penance, and the therapeutic mindset is now screaming to high heaven as it looks for its awful, but missing mean parent to make it all right.


    My state isn't looking too hot, either. My university, App State, is hosting the grandest 200th Anniversary Darwin lecture series in the world (University Forum however they say that due to cuts if the Anniversary would have been next year we would never been able to get half of these names.[/QUOTE]

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    Re: California goes broke, halts $3.5 billion in payments

    Quote Originally Posted by winston53660 View Post
    Why can they not sell their houses?
    You're kidding me right?

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    Re: California goes broke, halts $3.5 billion in payments

    This is quite ironic, as California is probably the richest state in the US.

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    Re: California goes broke, halts $3.5 billion in payments

    Quote Originally Posted by George VI View Post
    This is quite ironic, as California is probably the richest state in the US.
    There's no irony here. This can be expected and predicted whenever Democrats are in charge of the purse strings. They can't help themselves; pandering is in their blood.

    But expecting those same politicians to comprehend that they have a SPENDING problem will be like convincing an alcoholic that they have a drinking problem.

    The way politics work is to blame to a certain degree because to remain electable, you have to make promises to your constituents unless you have the courage of your convictions and that is a trait few in politics have.

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    Re: California goes broke, halts $3.5 billion in payments

    Quote Originally Posted by RightinNYC View Post
    Whether or not something is generally a net positive is not the same as whether or not something is economically efficient.

    Also, you're drastically overstating the transferability of HIV through intercourse. It's incredibly difficult to get HIV.
    Are you in the position to quantify the cost of increased spread of HIV? If not, than i do not see the point of your first comment, other than subjectiveness...

    And yes, it was my point to create a hyperbole.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: California goes broke, halts $3.5 billion in payments

    Quote Originally Posted by Goldenboy219 View Post
    Are you in the position to quantify the cost of increased spread of HIV? If not, than i do not see the point of your first comment, other than subjectiveness...

    And yes, it was my point to create a hyperbole.
    You might as well have written a Disney story if hyperbole is your argument.

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    Re: California goes broke, halts $3.5 billion in payments

    Quote Originally Posted by Truth Detector View Post
    You might as well have written a Disney story if hyperbole is your argument.
    Then ill ask you the same: Are you in the position to quantify the cost of increased spread of HIV?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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