| Submit your comments on this article |
| Economy |
| California dreaming: Prop. 23 defeated |
| 2010-11-03 |
| Californians vote for a new "green economy". The fact that green energy for a green economy can only succeed with massive government subsidies seem to have been overlooked. Maybe the Chinese will subsidise them, because Washington won't be. They've got no money. |
| Posted by:tipper |
| #28 Alexis De Tocqueville, author of Democracy in America, which was published in 1835, seemed to grasp the perils of this day when he wrote: "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Keith R. McCullough is CEO of Hedgeye, a research firm based in New Haven, Conn |
| Posted by: JohnQC 2010-11-03 22:33 |
| #27 "We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle." Sir Winston Churchill Kalifornia won't fly, so you should FLEE |
| Posted by: Bright Pebbles 2010-11-03 18:00 |
| #26 OOps I hit send instead of preview - have to credit Vietnam analogy H/T to Hot Air posters |
| Posted by: OldSpook 2010-11-03 17:41 |
| #25 Conservatives and normal people in CA should just get the hell out while you still can. Take a loss on the house, its going to get far worse before it gets any better, you;re better off renting in Alabama than owning in CA. Key point: the idiot voters removed the constitutional caps on taxes - the Dems in the legislature can now raise taxes with a simple majority vote, and that's exactly what senile Gov Moonbeam is going to do. For the few productive people left in CA, its going to be like Dien Bien Phu, surrounded by the forces of Ho Chi Moonbeam. For God's sake, Get Out NOW |
| Posted by: OldSpook 2010-11-03 17:40 |
| #24 I have relatives in northern California. They like it there, but they're tired of being subjected to the whims of Los Angeles and San Francisco. They think the best thing to do is to split the state in half, roughly along an east-west line through Sacramento. Let the librulls live with their decision, but not subject others to their whims. |
| Posted by: Old Patriot 2010-11-03 16:38 |
| #23 I couldn't frickin' believe what I was hearing. I believe he was sincere but, Why? I don't get it. Why would any sane person want to give money to Jerry Brown? Liberals are NOT sane. |
| Posted by: Secret Asian Man 2010-11-03 16:31 |
| #22 The last time a liberal told me "we" need to pay more taxes I asked how much he pays. He said he didn't really make enough to pay taxes. So I assume anyone who says we need to pay more taxes really means you need to pay more taxes so I can get more free stuff. |
| Posted by: Deacon Blues 2010-11-03 15:53 |
| #21 "Gunny Pop" CA-51 lost to Filner 60%-40% Kilo Bravo and I are going to explore coastal Georgia next year as an exit strategy from CA. I spent a lot of time in the Savannah area when I was in the Marines. I'll miss my home and the bug free environment, but places like Skidaway Island are starting to look very good. Got to be a place that gets the summer Sea Breezes. This is not the California I was born in nor the place Kilo Bravo emigrated to from dank Mother England. It's going to be a choice between summer mosquitoes and gnats in Georgia or year round blood sucking Donkquitoes. Bottom line is we don't intend to spend our hard earned retirement on propping up this rotting California corpse. Let the public unions finance themselves. |
| Posted by: GolfBravoUSMC 2010-11-03 15:47 |
| #20 He said "we". I told him I'm paying quite enough already, thank you very much, but you feel free to pay all you want. |
| Posted by: Ebbang Uluque6305 2010-11-03 15:36 |
| #19 Ebbang Uluque6305, I think he ment you need to pay more taxes. |
| Posted by: Deacon Blues 2010-11-03 15:28 |
| #18 "in a recent conversation with a liberal he told me "'We need to pay more in taxes'" Did you ask him how big that extra check he wrote to the state was, EU? There's no law saying he can't pay more taxes if he thinks he should. |
| Posted by: Barbara Skolaut 2010-11-03 15:13 |
| #17 Maybe think Zimbabwe. |
| Posted by: JohnQC 2010-11-03 14:41 |
| #16 KALIPORNIA IS DOOMED unless it makes some very hard decisions. Looking at their election outcomes, that is not going to happen. Given that these hard decisions will not be made Kalipornia will fail economically. Its bonds won't be worth squat for any public financing. There is no industry to speak of that would provide a decent tax base. There won't be enough taxes to feed the public unions. Think Greece or Detroit. |
| Posted by: JohnQC 2010-11-03 14:39 |
| #15 I'm considering moving to Texas for my final retirement. Posted by OldSpook If Texas is full up, consider Blue Ridge, Ga. The politics will agree with you and the summers are mild. |
| Posted by: Besoeker 2010-11-03 14:32 |
| #14 rj, problem is those industries are moving out of CA. Think how good Texas looks to them now, and it has just as high a density fo tech types without all the lunacy, taxes and over-regulation. And a lot of GOP congressmen to act as a brake on any moves by Maubama to halt the flow of defense firms. I'm considering moving to Texas for my final retirement. Colorado has an influx of 200K form California and its showing up in the elections here. The locusts (liberal CA transplants) are settling in around Denver and Boulder, and getting ready to rot Colorado from the inside. |
| Posted by: OldSpook 2010-11-03 14:00 |
| #13 California is FUBAR. Its about to become flaming wreckage as companies flee the impending destruction. You just voted in a union owend moron as Gov, and the US House will no longer bail you out - the rest of us will not allow ourselves to be bankrupted by your idiocy. You've made the mess, the bill is coming due: Stupidity has a painful cost. California: YOU. will. pay. The clock is running... here is your fate (and my advice to you few sane people in California is in there too): |
| Posted by: OldSpook 2010-11-03 13:55 |
| #12 If Obama wants to send money to California he could do it through the aerospace industry and nobody would say anything about it. Yeah, that's not enough but that's the most obvious example. |
| Posted by: rjschwarz 2010-11-03 13:53 |
| #11 NoMoreBS, you have touched upon the most worrisome development of yesterday's election in Kaliphornia and the main reason why I held my nose and voted for Meg Whitman, who came off in the campaign as a truly detestable individual. With all restraints removed, the donks in our state legislature will run roughshod over the taxpayers in this state. I honestly don't know what these people are thinking. I will say that in a recent conversation with a liberal he told me "We need to pay more in taxes". I couldn't frickin' believe what I was hearing. I believe he was sincere but, Why? I don't get it. Why would any sane person want to give money to Jerry Brown? |
| Posted by: Ebbang Uluque6305 2010-11-03 13:32 |
| #10 Not to worry NoMore - I'm sure Obambi will find a way to bypass the house (perhaps some more Czars - or simply reapproprate funds by Edict) and give CA a bailout. |
| Posted by: CrazyFool 2010-11-03 13:03 |
| #9 Not only did the people here elect a 74 year old Governor with evidence of senility emerging, but through a simple slight of hand purporting to punish legisdlators for late budgets, they removed the 2/3 requirement for tax increases. So Moonbeam and the Dem legislature, whose approval rating now is at 9%, will be able to pass taxes without opposition. We will surpass New York as the tax leader in the nation, and have exported every bit of out industry to more sane climes. Brown doesn't actually have a clue how to save the state, and will be focused on payback to the unions when he can string a series of thoughts together. CA will be filing for bankruptcy within two years. Paradise truly ruined, and my house goes on the market this spring, for whatever I can get. Heartbreaking, but proof that Jefferson knew the weakness of democracy. CA government will now exist to transfer money from the makers to the takers. |
| Posted by: NoMoreBS 2010-11-03 12:48 |
| #8 Former SF Mayor Willy Brown was on Fox and stated that Moonbeam would do just fine like he did the last time he was Governor. He forgot to mention Governor Moonbeam authorized the Public Employees Unions. I just heard that the men who run the Fire Boats on SF Bay make over $150,000 a year and can retire at 20 years with $120,000/yr and full Medical Benefits. SF cannot pay for madness like this but a Prop to start to reform the SF pension system was soundly defeated yesterday. This was after the Unions spent $4 million just in the City. With 55 electoral votes and hat in hand, Moonbeam and the Mayors will be asking Washington to bail us out. Renewable Energy and Education are the keys Thank you for the bucks Teachers Union. Moonbeam babbles a incoherent victory speech, bend over and hold your ankles California: |
| Posted by: GolfBravoUSMC 2010-11-03 12:26 |
| #7 Whimper. I voted for 23. I was dumbfounded that it was defeated. Hey, I'm all for green energy but I don't believe it can work unless there is a profit in it for somebody. That's the only way anything can work. Oh, and for the record, we did NOT legalize pot. So there. But we did elect Moonbeam. Sorry. Really. I am. But I'm not gonna move. The surf in Texas sucks. But if anybody else wants to leave I'm all for it. It's way too crowded out here. |
| Posted by: Ebbang Uluque6305 2010-11-03 11:59 |
| #6 I agree completely Snowy. The Chinese factories pollute way more than the factories in the west. And they want to tax us with cap and trade so the American taxpayer can pay to update the Chinese factories with our money to assuage their guilt. Of course, a huge cut for the financial traders first, of course. They are total hypocrites. |
| Posted by: Black Charlie Chinemble5313 2010-11-03 11:22 |
| #5 They just spent the last decade shipping their actual physical businesses to China which builds a new coal plant every two weeks. Fuck them, they're just a bunch of lying goddamn hypocrites. |
| Posted by: Thing From Snowy Mountain 2010-11-03 11:05 |
| #4 California is drowning in liberal idiocy. THEY ARE IRRESPONSIBLE AND BROKE. Why the hell should anyone listen to them? |
| Posted by: JohnQC 2010-11-03 10:23 |
| #3 The ultra-rich Silicon Valley backers of this, hoping to make many billions of dollars, poured money into the defeat of this proposition at levels not seen since the Indian casino vote. The hilarious irony is that it is likely a Pyrrhic victory, as they just bought themselves huge subsidies from a State with no money to pay them. |
| Posted by: Anonymoose 2010-11-03 09:12 |
| #2 Don't worry dude. I'm sure the lawyers will find a federal |
| Posted by: Procopius2k 2010-11-03 08:05 |
| #1 The voters of California should be allowed to enjoy the fruits of their endeavors. Enjoy Gov. Moonbeam. Enjoy the pot. Enjoy the lefty pols. Enjoy the greeniness. Enjoy the smug feeling of superiority. Just don't expect any assistance from the rest of us. To those Californians stuck in a place not of their making; move. Escape while you can. |
| Posted by: Whiskey Mike 2010-11-03 07:17 |