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Economy
Will California be our Greece?
2010-05-27
Posted by:Joaquin Murrieta

#12  The financial situation in California is like giving your kid credit cards and they keep maxing them out and then they come back to you for a bailout. But then they don't learn anything and they repeat the cycle. Then they start paying off credit cards with credit cards. That is where we are today. There is no fiscal restraint or responsibility in California. We are all going to end up paying for their liberal clusterf&%^ nightmare. At that point you will see states start talking about secession.
Posted by: JohnQC   2010-05-27 22:07  

#11  In CA, "capable and highly skilled" is inversely proportional to "Common Sense.
Posted by: GolfBravoUSMC   2010-05-27 15:28  

#10  Sorry, Jim. That very capable and highly skilled workforce either isn't big enough to matter or it is responsible for sending the retards to Sacramento. Either way, Caliphornia is not coming out of this voluntarily and it won't be the same when it does.
Posted by: Nimble Spemble   2010-05-27 14:45  

#9  The worst part of it all is that California has the tools and resources to be the financial powerhouse that it used to be. Only politics and policy are holding it back. A very capable and highly skilled workforce is sitting on its ass while the retards in Sacramento spend their days trying to figure out how to ram through gay marriage and swipe all the guns from people's houses.
Posted by: bigjim-CA   2010-05-27 14:36  

#8  
I have the mental picture of California Democrats putting Toll Booths on I-10 at the California border, toll $1000 per Auto and another $500 each passenger.

Democraps will think the tolls will straighten out their financial mess.

Truth is the Tolls will cause the collapse to happen faster and harder because traffic on I-10 will come to a screeching halt, and toll collections will be Zero after the first day.
Posted by: Redneck Jim   2010-05-27 13:07  

#7  Come on, illegals come here to do what Americans won't do...send money to their homeland.
Posted by: Hammerhead   2010-05-27 12:15  

#6  They can start by not giving illegal families several thousand dollars each month. Much of which ends up going to Mexico.
Posted by: gorb   2010-05-27 10:34  

#5  America to Caliphornia: Drop Debt.
Posted by: Nimble Spemble   2010-05-27 09:34  

#4  Well, as I've mentioned a few times over the past month, Commifornia is going to crash and crash hard. The numbers demand it.

Barry O & the Dems will attempt to rescue them, but I can't believe that in this political climate that a massive Commifornia bailout by the Fed could actually make it through Congress. I guess a good testbed will be if Barry O can con the country into bailing out the big union retirement funds that are soon to default.

Oh boy. :(
Posted by: Jefferson   2010-05-27 09:32  

#3  Cut the state budget by five years.

That is, make 2011 spending dollar-for-dollar equivalent to 2006 spending, and cut the differences in each department, agency, bureau and center.

I don't recall any state program being especially starved for cash in 2006. We all managed to live through 2006 somehow.

Cut the budget by five years and see how close to balance you are. Then make further adjustments as needed.

That would be one year of shock therapy for the states, after which we'd be wiser about what we really need and what we can do without.
Posted by: Steve White   2010-05-27 09:31  

#2  Beyond a doubt. The answers to California budget mess are staring us in the face, but lawmakers don't want to see them. At least this year they are embracing some cuts with some tax increases. Believe me that is progress in Kalifornia.
Posted by: Cyber Sarge   2010-05-27 08:41  

#1  This WHOLE country will be greece if people don't WAKE UP!!!!!!!
Posted by: armyguy   2010-05-27 07:08  

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