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What Happens to California Now?

What Happens Next?

  • Election Results are Challenged in Court and the Will of the Voters is Overturned.

    Votes: 2 8.0%
  • The Messiah Farts Out a "Miracle" and Unlimited Federal Money Flows to Sacramento

    Votes: 5 20.0%
  • The Same People Get Re-Elected, Again.

    Votes: 10 40.0%
  • Whatever Happens, The Taxpayer Gets Screwed

    Votes: 20 80.0%

  • Total voters
    25

Scarecrow Akhbar

Banned
DP Veteran
Joined
Sep 22, 2005
Messages
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Location
Los Angeles
Gender
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Political Leaning
Independent
California voters sensibly rejected the tax raising scams promoted on the special election by the people who can't understand that we're taxed too much.

Five Out of Six Scam Props Fail, Voters Support Legislator Pay Freeze for Deficit Years

So what's next?

The ex-Terminator went to DC before the election, knowing that his propositions were going to fail, to beg for money from The Messiah.

The LA Times is in a frenzy blaming the voters for THEIR "irresponsibity".

The prisons are threatening to release thousands of illegal aliens.

The politicians are babbling about cuts to "essential" services...and not a word about the huge number of completely unnecessary government expenses.

So what's going to happen next?
 
A well timed eathquake and more food for conspiracy theorists.
 
Hi Cripper looks like your right again,DOG EAT DOG,haha,never mind m8 look
after your self,y not,also u have a good turn of English,better than me.

i should study Rabbie burns or Shakespeare trying my best for U.

all the best to U and your family.

mikeey
 
Hi Cripper looks like your right again,DOG EAT DOG,haha,never mind m8 look
after your self,y not,also u have a good turn of English,better than me.

i should study Rabbie burns or Shakespeare trying my best for U.

all the best to U and your family.

mikeey

......................Wha?
 
I'm not really sure how big of an impact California's bankruptcy would have. It's the fifth-largest economy in the world, so it would undoubtedly send shockwaves around the world...but it's hard to tell if it would be catastrophic or merely unfortunate, and I can't really decide if I would support a federal bailout until I know that. But I'm inclined to avoid bailing them out if at all possible. I think the biggest risk would be from the banks who hold Californian bonds collapsing themselves.

Does anyone know how much public debt California currently has? That would help provide an idea of how severe the risk to the global economy is.
 
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They'll get bailed out.

Prediction: The Federal government will become insolvent, the world will reject our currency and refuse to further finance out debt, systemic collapse. All because we couldn't let inefficient models of business and government fail. Allow creative destruction to take place and we will be out of this mess in less than two years.
 
California voters sensibly rejected the tax raising scams promoted on the special election by the people who can't understand that we're taxed too much.

Five Out of Six Scam Props Fail, Voters Support Legislator Pay Freeze for Deficit Years

So what's next?

The ex-Terminator went to DC before the election, knowing that his propositions were going to fail, to beg for money from The Messiah.

The LA Times is in a frenzy blaming the voters for THEIR "irresponsibity".The pay freeze is irresponsible ??? [COLOR]

The prisons are threatening to release thousands of illegal aliens.

The politicians are babbling about cuts to "essential" services...and not a word about the huge number of completely unnecessary government expenses.And, exactly, what are these un-necessary expenditures ?

So what's going to happen next?

IMO, one un-necessary cost is having these so-called aliens in prison in the first place....
These people are here for the special and better treatment and jobs...
Wanna - save money, or not ??
I have ways of cutting prison costs, but the bleeding hearts and politically corect will not like it..
 
Hi Cripper looks like your right again,DOG EAT DOG,haha,never mind m8 look
after your self,y not,also u have a good turn of English,better than me.

i should study Rabbie burns or Shakespeare trying my best for U.

all the best to U and your family.

mikeey
Are you a product of the California schools, Mikeey ?
 
For all of the red staters’ bitching and moaning about California and having to pay taxes and how horrible welfare is, most of the solidly red states* receive more from the federal government than they contribute to the federal government.

For fiscal year 2005, the latest year for which I was able to find figures, for every $1 that Repugnican Gov. Haley Barbour’s state of Mississippi gave the federal government, it received $2.02 from the federal government in return. A 202 percent return ain’t bad! Repugnican Gov. Sarah Palin-Quayle’s Alaska? $1.84 — you betcha! Repugnican Gov. Bobby Jindal’s Louisiana? $1.78. Yet all three of these Repugnican governors have balked at accepting even more money for their states from the federal government — not because their states hate to receive federal money, obviously, but apparently because it’s Democratic President Barack Obama, the nation’s first black president, who is offering it.

The list goes on: In 2005 West Virginia got back $1.76 for every $1 that it contributed. North Dakota: $1.68. Alabama: $1.66. South Dakota: $1.53. Kentucky and Virginia: $1.51. Montana: $1.47. Arkansas: $1.41. Oklahoma: $1.36. South Carolina (whose Repugnican governor also has balked at accepting even more federal money for his state): $1.35. Missouri: $1.32. Tennessee: $1.27. Idaho: $1.21. Repugnican presidential wannabe John McCainosaurus’ Arizona: $1.19. Kansas: $1.12. Wyoming: $1.11. Nebraska: $1.10. Utah: $1.07. Georgia: $1.01.

California gets .80 for every dollar that each resident pays in FIC
 
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For all of the red staters’ bitching and moaning about California and having to pay taxes and how horrible welfare is, most of the solidly red states* receive more from the federal government than they contribute to the federal government.

For fiscal year 2005, the latest year for which I was able to find figures, for every $1 that Repugnican Gov. Haley Barbour’s state of Mississippi gave the federal government, it received $2.02 from the federal government in return. A 202 percent return ain’t bad! Repugnican Gov. Sarah Palin-Quayle’s Alaska? $1.84 — you betcha! Repugnican Gov. Bobby Jindal’s Louisiana? $1.78. Yet all three of these Repugnican governors have balked at accepting even more money for their states from the federal government — not because their states hate to receive federal money, obviously, but apparently because it’s Democratic President Barack Obama, the nation’s first black president, who is offering it.

The list goes on: In 2005 West Virginia got back $1.76 for every $1 that it contributed. North Dakota: $1.68. Alabama: $1.66. South Dakota: $1.53. Kentucky and Virginia: $1.51. Montana: $1.47. Arkansas: $1.41. Oklahoma: $1.36. South Carolina (whose Repugnican governor also has balked at accepting even more federal money for his state): $1.35. Missouri: $1.32. Tennessee: $1.27. Idaho: $1.21. Repugnican presidential wannabe John McCainosaurus’ Arizona: $1.19. Kansas: $1.12. Wyoming: $1.11. Nebraska: $1.10. Utah: $1.07. Georgia: $1.01.

California gets .80 for every dollar that each resident pays in FIC
Are you a SouthernDem sock puppet? :shock:

.
 
They'll get bailed out.

Prediction: The Federal government will become insolvent, the world will reject our currency and refuse to further finance out debt, systemic collapse. All because we couldn't let inefficient models of business and government fail. Allow creative destruction to take place and we will be out of this mess in less than two years.


A state government can become insolvent.

The federal government cannot.

The feds own the money printing presses.
 
Are you a SouthernDem sock puppet? :shock:
You mean Dixiepublicans?, no, I'm just someone who lives in a state that was a star player on team America for sixty years. Then we hit a slump and all the bench players are whining.
 
You mean Dixiepublicans?, no, I'm just someone who lives in a state that was a star player on team America for sixty years. Then we hit a slump and all the bench players are whining.
I was referring to SouthernDemocrat, a DP member. About 90% of his posts sound like the one you just made.

You do know what sock puppet means, doncha? :rofl

.
 
A state government can become insolvent.

The federal government cannot.

The feds own the money printing presses.
I recommend investing in a wheel barrow manufacturer. Everyone will need one to take enough money to the grocery store to buy a days worth of vittles. ;)

.
 
A state government can become insolvent.

The federal government cannot.

The feds own the money printing presses.

Tell that to Argentina, Iceland, Hungary, and Pakistan. Nations can and do go bankrupt. I think that bailing out California has the potential to seriously damage the credit rating of the United States (depending on how much cash they actually need, which I don't think has been determined yet). It should be avoided, unless it would result in an Uber-Lehman cascade where all of the banks who have California debt collapse as well.

Californians just voted not to raise their own taxes to prevent their impending bankruptcy...it would hardly be fair to expect the other 49 states to do so. I'd rather let California reap what it sows, if at all possible.
 
A state government can become insolvent.

The federal government cannot.

The feds own the money printing presses.

What happens if other countries refuse to finance our debt? What happens if the world rejects the dollar? How solvent will the Feds be with their Monopoly money printing presses?
 
I was re-reading the best comic strip ever a few days ago, and I came across this. Kinda reminds me of GM and Chrysler, but it could also apply to California:

CalvinHobbes.jpg
 
What would you budget cutters take out of the budget, specifically, to balance the budget without raising taxes? I would like to see someone show me how to balance the budget, with the actual numbers, without a tax raise.
 
What would you budget cutters take out of the budget, specifically, to balance the budget without raising taxes? I would like to see someone show me how to balance the budget, with the actual numbers, without a tax raise.

I'm no expert on California politics, since I've never lived there. But Schwarzenegger's proposed cuts seem reasonable to me. They won't close the gap by themselves, but they're a good start. According to Wikipedia:

The last $16.5 billion is to be derived from spending cuts:

* $5.2 billion cut to K-12 education and community colleges
* $1.7 billion by furloughing state employees 2 days a month until June 30, 2010
* $1.4 billion by reducing monthly grants to federal minimum for low-income aged, blind and disabled on Supplemental Security Income / State Supplemental Program and eliminating payments to recent immigrants
* $1.1 billion from CalWORKS welfare programs
* $788 million to the Department of Corrections and Rehibilitation by eliminating parole supervisions for all but those who have committed serious, violent or sexual crimes and reducing the medical budget by 10%
* $742 million to Medi-Cal by eliminating certain treatments
* $692 million by cutting UC and CSU budgets by 10%
* $459 million by eliminating general purpose grants to local transit agencies
* $473 million by reducing state payments for In-Home Supportive Services health workers
* $422.8 million to the Department of Developmental Services
* $275 million by eliminating the state First Five Commission
* $226 million by diverting money set aside in Prop 63 for mental health services
* $163.4 million by continuing through June 2010 "one-time" cuts in current budgets for state couts
* $150 million by eliminting or consolidating varitey of state entities including Integrated Waste Management Board and the California Conservation Corps
* $87 million by making various changes to the Cal Grant program including elimination of new grants awarded on the basis of competition
* $43.2 million by cutting Legislature's budget 10% and eliminating cost-of-living increase
* $37.8 million by eliminating food stamps for legal immigrants not eligible for federal assistance.


Budget cuts suck, but sometimes they're necessary.
 
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I was referring to SouthernDemocrat, a DP member. About 90% of his posts sound like the one you just made.

You do know what sock puppet means, doncha? :rofl

.
You mean like:

[ame="http://www.youtube.com/watch?v=4EAPqfGneI8"]YouTube - Sifl&Olly - Letters to Chester - Gravity[/ame]


This SouthernDemocrat must be a genuius.:2razz:
 
Your messiah crap may make people not want to participate in your poll.


I say all of the above. They want this to pass and they are desperate to pass it. So they'll attempt to do what ever they can to ignore the will of the voters instead of exercising common sense by cutting non essential programs.Although voters are to blame for this mess in Commiefornia since they helped create it.
 
They're gonna get helped out by Obama, even though federal dollars shouldn't go to states.
 
For all of the red staters’ bitching and moaning about California and having to pay taxes and how horrible welfare is, most of the solidly red states* receive more from the federal government than they contribute to the federal government.

For fiscal year 2005, the latest year for which I was able to find figures, for every $1 that Repugnican Gov. Haley Barbour’s state of Mississippi gave the federal government, it received $2.02 from the federal government in return. A 202 percent return ain’t bad! Repugnican Gov. Sarah Palin-Quayle’s Alaska? $1.84 — you betcha! Repugnican Gov. Bobby Jindal’s Louisiana? $1.78. Yet all three of these Repugnican governors have balked at accepting even more money for their states from the federal government — not because their states hate to receive federal money, obviously, but apparently because it’s Democratic President Barack Obama, the nation’s first black president, who is offering it.

The list goes on: In 2005 West Virginia got back $1.76 for every $1 that it contributed. North Dakota: $1.68. Alabama: $1.66. South Dakota: $1.53. Kentucky and Virginia: $1.51. Montana: $1.47. Arkansas: $1.41. Oklahoma: $1.36. South Carolina (whose Repugnican governor also has balked at accepting even more federal money for his state): $1.35. Missouri: $1.32. Tennessee: $1.27. Idaho: $1.21. Repugnican presidential wannabe John McCainosaurus’ Arizona: $1.19. Kansas: $1.12. Wyoming: $1.11. Nebraska: $1.10. Utah: $1.07. Georgia: $1.01.

California gets .80 for every dollar that each resident pays in FIC

Okay, but that is not the issue.
 
I was referring to SouthernDemocrat, a DP member. About 90% of his posts sound like the one you just made.

You do know what sock puppet means, doncha? :rofl

.

It's a trap! Don't say you don't know what a sock puppet is! That is exactly what SouthernDemocrat would say!
 
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