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Discussion in 'US' started by jumpinjarhead, Nov 13, 2010.
And sadly, in my state, Massachusetts, under Gov Deval Patrick, similar things occur although it is not quite as bad as California.
It makes me so very proud that they keep increasing the taxes I pay to support this!!!!
To answer the question in the thread title....no. Having lived here for 20 years I can say it has been in steady decline and has now reached the point were we are looking at other options. The video is $5 billion short on the actual deficit and there is not a politician in the state with the balls to do what is needed. Texas, Montana, Wyoming, Utah and Arizona are all looking quite good to me just now.
As a Californiana, born and raised here for the past 46 yrs, I'll tell you what I tell everyone else: The 40+ years of socialism in this state has ruined it. California USED to be the greatest state in the union; now, it is nothing but a drain on society. The free entitlement programs, for illegal aliens, welfare recepients, and you name it, you can get free money from the state, has ruined it.
I just don't understand the people in this state. They complain about the state and city employees (too which I am one) and the great retirement packages (they are). However, Jerry Brown was the person in charge of this state and the person who implemented these retirement programs. And these liberals just re-elected him governor again!!!
I used to love this state and, it has alot of redeeming values. However, with what is going on around the world, even the people in the UK are finally realizing they cannot go on and on spending other peoples money, I cannot wait to retire and get out of here.
California Pension Reform's 'The CalPERS 100K Club'
This is a very depressing link for anyone paying taxes in California. These aren't pensions, these are salaries for life!
I might come back after the inevitable bankruptcy but I doubt it. The population has, we are told, increased by 30%
since I got here. I'm looking forward to moving now, preferably to a state with fewer people than the county I now live in!
You have a valid point and as of now, I do not know. I have a rather sizable 401k which will assist me and I can always get another job. For now, people of my tenure seem to be ok. It's people coming into the system which are going to get hammered. Of course, that could all change.
I could marry some English bird and go on the dole in the UK
Oh. One more thing: the deficit is 26 BILLION, not 19.
Dont go there, its just as bad or worse, i'm trying to get into the USA (Florida) perhaps we can find some way to swap!
Chump change old son compared to the federal one-I understand they are trying to come up with a new "illion" term to follow trillion.
Everything south of Sacramento is lost anyway; they ought to give it back to the Indians if they can find any to give it back to. At least we won't have to listen to the Queen of Mean in the new Congress.
I wonder what kind of airplane she will get from our masters?
I wonder what the rest of country is going to say when Moonbeam asks them to bail us out. Its going to happen. California is going to become the next "Too Big To Fail." This is going to be interesting.
Very insightful. Ahnald already set the stage so we can but wonder how much more your new Flower Child guvn'r will try to spread the pain nationwide.
I seem to remember that Jerry Brown ran in the Democratic primaries for President in 1980. He was, of course, turned down like a rug. He came to speak at Madison, WI, a noted hotbed of liberal views (Home of the University of Wisconsin) but somebody screwed up his television appearance. He had the State Capitol growing out of his head, his speech dubbed (badly) into Spanish, etc. I never laughed so hard in my life. Perhaps an advance party "rat fucker" for the Great Communicator, Ronald Magnus Reagan "helped" Jerry's campaign people tweak his television persona.
Jerry Brown showed good taste in dating Linda Ronstadt when she was young and pretty, but I don't think he had the brains that God gave a slug (sorry Sluggy) he never proposed a law or a government agency that actually helped California.
(Too bad about the so-called "Governator". He made such a great speech at the 2004 Republican Convention.)
The minor difference is that it is illegal for a state to run on a deficit, they are not allowed to print money like the feds. Except now they refer to it as quantitative easing. Therefore the deficit impacts harder on the states than the feds since the states can't (supposedly) ignore the deficit.
Good point--our masters are now readying the other "boot to drop"--inflation due to their cranking up the printing presses to "merely" buy all our debt with freshly printed (and increasingly worthless) greenbacks. Weimar Republic anyone?
So whats the solution, another great depression followed by a war to increase industrial profits or just a return to isolationism which would be difficult to find housing for English speaking service personnel in Northern Mehico!
One thing would be to reduce spending but that requires moral courage on the part of professional politicians or ideologues who rely on an electorate increasingly dependent on the government for not only their needs but their wants as well instead of relying on the sweat of their own brows and intellects to earn their own way through life. Such moral courage is largely lacking.
I spend a lot of time in the Bay Area. It's under gone a drastic decline in the past couple of decades. In the first years of this century I recall a gouging Enron turning the lights off on the Stanford campus as a rather symbolic moment.
Government is the problem. Dismally poor governance even by inept US standards, brought on in this case by overly zealous pursuit of democracy. The State is dysfunctional, tied up in ludicrous constitutional knots by a population determined to have its cake and eat it. Folk don't want to pay taxes but want all their services and entitlements maintained, they vote accordingly and they vote a lot, it's a political kindergarden. Deficit inevitably balloons, getting kicked down the road by spineless politicians with silly term limits until its unsupportable. It's an economy roughly as complex as Germany's and the retarded Libertarians who float about the place think it can run itself like some 18th century planters colony.
It's still a great center of innovation with booming Biotechs eagerly harvesting Barrycare's bountiful failure to control costs but how long that will last with a broken school system and smarter, tougher competition emerging elsewhere? The Indians who were the brains behind the dotcom boom are leaving, the smell of innovation in Silicon Valley is no longer curry.
It's telling that two of the most shortsighted and incompetent CEOs in US corporate history ran for election in California during the Midterms and there was a real risk that one of them might buy her way into the second biggest job in US politics and perhaps technically the hardest, Governor.
Sad, place was once the embodiment of the American dream consolidated by the stealth socialism of massive defense contract boondoggles in the 60s. No surprise that Ronald "sausage factory" Reagan came to power via the Governor's chair. What makes it worse is the 49er optimism is still there. Only distant hope is demographic, the asian brains and fast breeding latino muscle who do all the work will stage an intervention, ditch the parasitic whitebread elite that still dominates the infantile political sphere and reboot the Bear state under some adult management.
Still not as fecked as Ireland.
Insightful and interesting as usual. As to the bloded portion I would say that may be true for some of the "flower power" holdovers who saw "democracy" as merely license for hedonism or some naive others who have not a clue about the true nature of mankind ("I want your stuff and I will kill you if needed to have it"). The rest, especially those in the government (at least at the higher levels of policy and politics) and other higher strata of "society" and academe --that collective "elite" that deems itself ever so intelligent and mindful of what we great unwashed need for our "greater good" merely use "democracy" as a buzz word when it suits their larger purposes of progressivism.
It also bears remembering that the US is not and never was a "democracy." Thankfully our founders knew enough about human nature to create a more complex form of representative governance, the republic, that, at least until the appearance of progressives in the late 19th century, worked rather well in maximizing the positive attributes of humankind while guarding against the excesses of our baser natures.
The sort of courage t5hat gets the wishy washy left (who caused most of the overspends) to be uyp in arms about punishing those who least can fend for themselves whilst the rich get away with it. Well it seems if the rich are getting away with it its possibly because they or their forebearers had the nogging to rise above the herd. The middle classes are in reality the ones who will pay for whatever road is taken as per usual. The poor will get thrown a safety net and then elect some other wasters when we really need the tough decision guys to hang in there and put us back on a sensible finacial footing!
I have been predicting this for years. Mark my words, first, California will, in effect, go bankrupt (although) there is no provision for it to do so. The state with the 7th largest GNP, will have to be bailed out by the rest of the country and, for that matter, the rest of the world.
Now, mind you, the rest of the US isn't far behind California; Europe is surpassed it and/or just as bad. What WILL happen, probably not in my life time (I hope), is World War III. The US AND the UK, will find an excuse to go to war with China and everyone else we owe trillions of dollars/pounds too. ALL to wipe out the debt the liberals/socialists of this world want.
The PEOPLE want, want, want, and want some more; they just want everyone else to pay for it.
I agree wih you to a point. It's still the issue of: Too Big To Fail. California is, like it or not, still the most prosperous state in the union. There is a great deal it has to offer. If California goes down, will it take the rest of the country with it? Will that cause a decline in the rest of the country? What if California just stopped sending the federal government money? This state gives the Feds, more money then most other states combined. What will Obama do? Send the Marines in and invade?
Not too mention, there are a lot of other states in just as bad of a financial state as California. What do we do with them? If all these states start going under, there is going to be rioting in the streets.
I'm not sure what the answer is, however, I'll bet you large sums of money, the Feds (read your and my tax dollars) are going to bail this state out. And, I'll bet you it happens next year.
Nancy Pelosi's San Francisco:
Zombie » Nancy Pelosi’s San Francisco
Even though there are bits blurred out, best not read this page if the kids can see...