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Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Wednesday, June 9, 2010

Budget Impasse In Sacramento. Otherwise Known As Business As Usual.

http://www.mercurynews.com/opinion/ci_15252216?nclick_check=1
Opinion: Dan Walters: Budget is stalled thanks to Sacramento's 'do-nothing' gang
In the weeks since Gov. Arnold Schwarzenegger unveiled his revised 2010-11 budget, there's been absolutely no progress on closing the deficit that approaches $20 billion. In fact, the situation may have grown worse because the extra federal funds that the governor and the Legislature have counted on are evaporating.

What is Dan Walters so upset about?

These are politicians after all. People who weren't bright enough to know which end of the gun to point at the grocery store clerk when robbing the store. So they didn't have much else left on their career track except going into politics, where criminal activity is endorsed and approved by all criminals politicians.

Think about this for a moment. The United States was started back in 1787, and California wasn't admitted to the United States until 1850. 63 years later. And yet California is much closer to bankruptcy than most of the other 50 states of the United States. California politicians had to work much harder than other states to speed ahead of the others. So the politicians of the State of California can be justifiably proud of their accomplishments.

Judging by recent reports, most socialist countries are in a race with the United States to see who can declare bankruptcy first. I will place my full faith and credit that the socialist-in-chief will be able to lead the United States to beat the P.I.G.S. countries (Portugal, Italy, Greece and Spain) in their rush to creating the ultimate workers socialist bankruptcy paradise.

Tuesday, May 25, 2010

Obama Guarantees Success Of Government Motors New Electric Car.

http://content.usatoday.com/communities/driveon/post/2010/05/chevrolet-volt-the-high-tech-car-that-will-save-michigan/1
Chevrolet Volt: The high-tech car that will save Michigan?
Now it's expected to save the state of Michigan, says the Associated Press. "The Volt is crucial. So much depends on this car. It cannot fail," the story states.

If so much depends on the success of this car, then Michigan has nothing to worry about.

All these years when the auto unions were contributing millions of dollars to the democratic party are finally paying off. First Bush and then Obama presided over the major bail out of General Motors, and then finally the take over of Government Motors. So at this point Michigan and Detroit have nothing to worry about. Government Motors has bribed enough politicians so that is too big to fail. So even if this new car is so shoddy that no one will buy it, the federal government has promised to buy the car. In vast quantities. Even if the car doesn't work. Which is not as bad as it seems, as very few government employees do any work for the benefit and general welfare of the people of the United States. So having more employees or equipment on the government books that doesn't work is not unusual.

So rest assured, the Volt will be a smashing success. Even if the democrats have to bury their support for Government Motors in another Health Care Deform bill.

Tuesday, May 18, 2010

Governor Calls For Decreased Spending. The Legislature Calls For Increased Spending.

http://www.publicceo.com/index.php/local-governments/151-local-governments-publicceo-exclusive/1509-may-revise-governor-and-senate-leader-call-for-reforms-
May Revise: Governor and Senate Leader Call for Reforms

Of course, being politicians, neither of the them really want reforms. But they need to put on a good show for the mass media.
On May 14, Governor Arnold Schwarzenegger released his May revision for the 2010-2011 State Budget. In this latest revision, the governor estimates a $19.1 billion general fund deficit, including a $1.2 billion reserve.

Some people might think that spending more than you have is a problem. However, the federal government has determined that spending more than you have will save the economy. So the State of California seems determined to recklessly follow the federal governments' advice. So the State of California is planning on going deeper and deeper in debt. But you don't worry. The State of California can always sell bonds to the uneducated who believe that the State of California may actually balance the budget and spend less than they collect in taxes at some time in the future. Just because the State of California has refused to spend less than they collected in taxes, and have done so since the State of California became a state, is no reason to believe that a miracle can't happen and the State of California will suddenly elect statesmen instead of criminals intent on looting the citizens of their hard earned money.
Governor Schwarzenegger proposes resolving the state budget deficit through reduced spending ($12.4 billion), additional federal funds ($3.4 billion), and new fund shifts and fees ($3.4 billion). In unveiling his proposal, the governor declared that there is "no more low-hanging fruit", that we must "shake the tree."

Heck. At this point, the governor is even willing to cut down the tree to balance the budget. After all, the governor can't run for office again, so it won't be his problem.
In response to the governor's May revision, Senate President Pro Tempore Darrell Steinberg (D-Sacramento) called the proposal a "non-starter" and stated that the Senate would not pass a budget that eliminates CalWORKS-California's social welfare program.

The democrats won't pass any budget that calls for a reduction in spending. However, in the spirit of bipartisanship that the federal denizens of Washington District of Criminals (D.C.) have shown, the state democrats are willing to show their dedication to fiscal concerns by raising taxes on anything that moves or exhibits any form of life that isn't a pet project of any politician.

Thursday, April 15, 2010

California Justice. Free The Rapists And Killers. Imprison The Pot Smokers.

http://www.taxcannabis.org/index.php/pages/public-safety-benefits-fact-sheet
California’s Legal System Has its Priorities Wrong

According to the FBI, in 2008, almost 60,000 violent crimes went unsolved in California. That same year, over 61,000 Californians were arrested for misdemeanor cannabis possession.

What is wrong with these numbers?

According to the State of California, nothing.

If the police state arrest an individual for a violent crime, it costs the police State of California a lot of money for the capture, prosecution and imprisoning of that individual.

If the police state arrest an individual for a drug crime, they can confiscate all the criminals private property. Which means that the police State of California might even be able to break even or make a profit on the arrest of non-violent criminals.

The State of California is in the middle of a budget crisis. By following the advice of the Federal Reserve Board and other economists that Barack Hussein Obama trusts with the economy of the United States, the State of California is spending more than it collects in fees, taxes, permits, contributions, confiscations, ... Unlike the federal government, the State of California is unable to print more money. So the State of California needs some other way to balance the budget. So by ignoring violent crime in favor of non-violent drug crime, the State of California may be able to save a few million dollars. If you are a politician it is very easy to justify criminalizing a large portion of the population and endangering the rest of the population (by not investigating violent crime or letting prisoners go free early) in order to save a few million dollars (when you are billions short).

Monday, April 12, 2010

Mayor Antonio Villaraigosa Announced That Los Angeles Is Now A Sanctuary City For Murderers.

http://www.kfiam640.com/cc-common/news/sections/newsarticle.html?feed=153218&article=6983620
Budget Cuts Impact Murder Investigations

It was a tough decision. But Los Angeles Mayor Antonio Villaraigosa was up to the task. Los Angeles Mayor Antonio Villaraigosa is well known for making the tough decisions. Like determining which news reporters to sleep with so his wife won't find out. Like determining which foreign cities to tour for his weekly vacations while pretending that this is work related. Like determining what pretext he can use to speed up the bankrupting ruining running the city.

The City of Los Angeles is running short of funds. Since it is obvious to everyone except the politicians, (that all the elected officials are in the pocket of the unions and special interest groups), that something must be done to force the taxpaying public to to give up everything they own to the city to prevent the bankruptcy of this great welfare city of ours. The politicians seem to have come up with a solution that is finding favor at the state levels where politicians are also trying to come up with the best way to punish the slaves citizens who are silly enough to believe that if they have a job and get paid they deserve to keep their earnings rather than pay them over to be mismanaged by the corrupt incompetent politicians.

The politicians at the state level have decided that giving violent criminals early release from prison is a great way to save money. The City of Los Angeles, a leader in innovation, has decided that you don't have to release violent criminals early if you never arrest them. In a budget saving cost cutting measure, the City of Los Angeles, is preventing police from investigating murders.

This will teach the slaves citizens never to disagree with their owners masters political leaders.

Thursday, April 8, 2010

Marijuana Economy?

http://www.dailyfinance.com/story/the-latest-threat-to-the-california-economy-legalizing-pot/19421390/
Would Legalized Pot Threaten California's Economy?

Of course legalizing pot would threaten California's economy.

But not how you think?

Legalizing pot could give the California economy a kick start on the road to economic recovery. Currently pot sells for outrageous amounts of money. So very few people are willing to risk the expense and legal hassles to produce pot. If you legalize pot growing and sales and smoking, then more people would start businesses to grow and sell pot. This would cause the cost of production and distribution to drop to the point that a pack of pot cigarettes might not cost much more than a pack of tobacco cigarettes. At which point a lot more people would be willing to smoke pot. It could be taxed the same way tobacco cigarettes and alcohol are taxed. So not only would legalizing pot start California on the road to economic recovery, but the vast amount of additional taxes that could be collected by the state, might even be enough to prevent the State of California from going bankrupt.

Fortunately, the California politicians know better than to offend the socialists, the "green movement" and the "Global Warming" faithful who fund their election campaigns. Fortunately, the California politicians know better than to do anything that might cause the creation of new businesses or delay the increase in taxes on the slaves citizens of the growing police state. So the California politicians will never legalize pot growing, sale or distribution. The politicians will instead vote down legalization. They will vote to increase the police enforcement of existing laws. They will enact laws to confiscate anything that the pot growers and sellers own. And then the politicians will vote themselves a raise for a job well done.

That is how government works.

Tuesday, April 6, 2010

Let's Give All Politicians A Raise As We Watch California Sink In A Sea Of Debt.

http://www.latimes.com/news/opinion/la-oe-crane6-2010apr06,0,6247734.story
California's $500-billion pension time bomb
The staggering amount of unfunded debt stands to crowd out funding for many popular programs. Reform will take something sadly lacking in the Legislature: political courage.

The criminal political class has plenty of courage. They just hate to waste it on political reform. They are happier using it to defraud the public. Which is why the political class never met a raise they didn't like. Which is why our political class is now paid more than double what the same position in private business is paid. Which is why the political class does half the work the same position in private business does.
The state of California's real unfunded pension debt clocks in at more than $500 billion, nearly eight times greater than officially reported.

The State of California has been ripping off the public for more than a decade. How has the State of California been doing this? They have been knuckling under to the demands of the unions for higher wages and retirement benefits, without having to pay anything extra into the retirement plans. Like any good criminal enterprise, the State of California has been keeping two sets of books. One set of books they display to the slaves citizens which shows what a good job the State of California has been doing in spending the tax money and balancing the budget. The other set of books shows how the underhanded tactics and the unfunded debt incurred by the State of California are sinking the State in a sea of debt.
What can we do about this? For the promises already made, nothing. They are contractual, and because that $500 billion of debt must be paid, retirement costs will rise dramatically no matter what we do. But we can reduce the sizes of promises made to new employees and require full and truthful disclosure so that pension debt can never again be hidden.

Spoken like a true politician. Full of lies and misdirection. The political hacks all claim the problem can not be fixed. They continue to claim we need to raise taxes, and cut our spending and give political hacks and their beneficiaries a raise.

The political hacks, as usual, are 100% wrong. Instead of facing the problem like a gangster politician and claiming there is nothing that can be done to fix the problem, the gangsters politicians need to face the problem like a business. When a business faces bankruptcy, they don't demand every one in the vicinity to pay up or else? A business that can't meet it's costs closes down it's operations (including union contracts and pension benefits), and tells every one there is no more money and go elsewhere. You are out of luck.

Our current education system is the laughing stock of the world. When the State of California (which has the highest paid teachers in the country) determined that less than 50% of the students graduate with the ability to read and write, the State of California decided to stop giving exit exams that test the level of learning of graduates.

Our current criminal justice system is the laughing stock of the world. We don't have enough money to keep rapist and serial killers in prison. So we continue to pass more laws to jail jaywalkers and marijuana smokers and let the rapists and serial killers out of jail early without any oversight. And when the state provides oversight of rapists, they manage to ignore someone who raped and held a victim captive for almost 20 years.

So when I suggest that the State of California simply cancel all contracts, fire everyone, and close their doors, we will actually be no worse off than we are already. We would end up better off, because we could start over again, maybe with even less corruption than before.

Saturday, April 3, 2010

Obama Praises England For Their Health Care System.

http://www.dailymail.co.uk/health/article-1259364/Cancer-scans-delayed-NHS-funding-crisis-doctors-fear-slash-burn-cuts.html
Cancer scans delayed in NHS funding crisis as doctors fear 'slash and burn' cuts
Vital scans for patients who may have cancer are being postponed by up to six weeks as the NHS grapples with a major funding crisis.

Barack Hussein Obama and his loyal minions, henchmen, czars and commissars celebrated England's announcement of the mismanagement of their socialized health care system which will result in delay of diagnostic procedures for up to six weeks.

In an "I Told You So" moment, Barack Hussein Obama (without benefit of his teleprompter) restated his position that there would be no death panels in his Health Care Deform bill. Barack Hussein Obama went on to say: "Just look at England. Patients will be dying in short order without death panels. The regular mismanagement, underfunding and general government incompetence will cause the health care industry to run short of funding. Once the health care workers stop getting paid, they will stop providing diagnostic services. Once there are no diagnostic services, potentially life threatening maladies, will become fatal illnesses. Thus no need for death squads. Boy am I glad that I had the foresight to insist that myself and all my friends be exempt from the health care fraud that I perpetrated on the American people."

The onion.com was quoted as saying that if I "ever attempt to write a humorous article again, they will have my literary license revoked."

Tuesday, March 30, 2010

Global Warming And Environmental Activists Advocate A Per Person Fee To Create Carbon Dioxide.

http://www.usatoday.com/news/health/2010-03-29-tanning29_ST_N.htm
Tanning beds face new taxes and restrictions
Growing concerns about the dangers of indoor tanning beds are leading to new taxes — and possibly new restrictions — designed to curb the practice among young people.

I think the government has finally figured out their role in oppressing their slaves citizens.

Because the government wastes so much money in giveaways to provide for the health and welfare of illegal aliens, criminals and repaying bribes from big businesses they are running out of money for services for the legitimate honest tax paying slaves citizens. While the government could cut down on services to the criminals and repayment of bribes with contracts for products and services that the slaves citizens don't need or want, it will never happen. The government knows that anyone you bribe with free goods and services will vote for you or contribute to your next reelection campaign.

So what does that leave?

The State of California has started a catch and release program. The police arrest criminals, the State of California prosecutes criminals. Then the State of California releases the criminals because of overcrowding and lack of funds. While it saves some money to catch and release criminals, most of the cost is not in warehousing the criminals. It costs millions of dollars to prosecute any criminal that has any money and can afford any kind of "dream team" defense. This solution is still too expensive.

So the next best thing is to criminalize otherwise normal activities. But don't make it a felony crime. Make it a misdemeanor crime. That way the government can charge some kind of fee which is small enough that it is not cost effective to defend against the crime. In this way, the government doesn't need to worry about "dream team" defenses and the warehousing of criminals (who live better than typical working class slaves citizens). In addition to escalating fines for parking, and cell phone usage, the government is going to start taxing fines for using tanning booths. But even this is likely to be too taxing for the government to handle with any efficiency.

The government will need to find something even more obvious and easier for the beat cop to enforce.

The "Global Warming" and environmental activists have come up with perfect the solution for the government. They have managed to brainwash the government into believing that carbon dioxide is a pollutant. Since all living, breathing humans exhale carbon dioxide, all humans are therefore by government definition polluters. And how does the government treat polluters? Why the government licenses and regulates them and sets the amount of pollutants they can create. Which means that in the near future, when you get your government identity card, you will have to pay for your annual license for the ability to create pollution. If you ever can't afford to pay, then you may eventually get sold off to someone who can afford to pay for your right to pollute. If you can't afford to pay for your children, then your children will get confiscated and sold off to companies that can afford to pay the "Greenhouse Gas" fee / fine / tax.

Budget crisis solved!

While you may have the right to receive inadequate insurance and inadequate medical care, the "Global Warming" and environmental activists have convinced the government that you don't have the right to breathe.

Friday, March 19, 2010

Obama Health Care Deform Bill To Balance Budget And Save $100 Trillion Over The Next 50 Years. *

http://www.reuters.com/article/idUSTRE61O4NV20100318
Healthcare bill to cut deficit, CBO says

* Department of fine print.

The cost savings for the Barack Hussein Obama Health Care Deform Bill are based on the following assumptions:

- The democrats manage to subvert the constitution of the United States and pass the Health Care Deform Bill.

- Barack Hussein Obama remains president for the next 50 years.

- Nobody gets sick for the next 50 years.

- The government run health cared department defaults on ALL health care payments for the next 50 years.

- The government continues raising taxes annually for the next 50 years.

- Terrorists start attacking hospitals and nursing homes instead of airplanes while the government does nothing to stop these attacks.

Thursday, March 18, 2010

Because Of The Bad Economy, California Assembly Speaker John Perez Gave A Staff Member A Modest $65,000 Raise.

http://www.news10.net/news/story.aspx?storyid=77462&catid=2
A $65,000 raise?! State workers outraged over Assembly pay boosts
California state employees are reacting bitterly to pay raises given to the staff of new Assembly Speaker John Perez.

Only California State Employees?

Every Californian who is unemployed by the collapse of the economy is outraged by this. Every Californian who is paying higher taxes to help the State of California meet their budgets are outraged. Everybody except politicians is outraged by this show of contempt for the taxpaying public.

Fortunately for the California politicians (and politicians everywhere), they are not answerable to anyone. So their contempt and disdain for the pubic can be displayed with impunity.

Tuesday, March 16, 2010

World's Biggest Ponzi Scheme Saved By World's Biggest Counterfeiter.

http://news.yahoo.com/s/ap/us_social_security_ious
Social Security to start cashing Uncle Sam's IOUs
For more than two decades, Social Security collected more money in payroll taxes than it paid out in benefits — billions more each year.
...
Too bad the federal government already spent that money over the years on other programs, preferring to borrow from Social Security rather than foreign creditors. In return, the Treasury Department issued a stack of IOUs ...

The government forced employers to withhold money from employees paychecks, and turn it over to the government for safe keeping for the employees retirement. Rather than save the money that was collected, the government paid whatever it needed to, and looted the rest of the money on all the other frivolous things that governments waste money on. If an individual did this, it would be called a Ponzi scheme.

The federal government is trillions of dollars in debt. They no longer have the funds to pay out to the people who have been paying in for their lifetimes. Not a problem. The United States Treasure can always print more money. If an individual did this, it would be called counterfeiting.

Fortunately, we have the government to brainwash us into believing that government looting special savings accounts is not looting. Fortunately, we have the government to brainwash us into believing that a bankrupt government printing more paper money is not counterfeiting and it will not destroy the economy.

Aren't you glad we have the federal government to depend on for our retirement?

Los Angeles Mayor Villaraigosa To Force Everyone To Leave California To Reduce Unemployment And Effect On Environment.

http://www.dailynews.com/news/ci_14681250
Battle may be looming over DWP rate hike
Mayor Antonio Villaraigosa pitched his latest plan Monday to create jobs and boost solar energy use through a DWP rate hike, but one city councilman and other critics said it was no time to ask customers to pay more.

I wish I was taking the same drugs that Mayor Antonio Villaraigosa is taking.

I would love to believe in "Global Warming". I would love to believe that a flat lining economy is improved by adding additional tax burdens. I would love to believe that a flat lining economy is improved by adding additional rules and regulations to existing and new businesses.

Unfortunately it is all lies. Fortunately for Mayor Antonio Villaraigosa, he is talking out of his A$$. If he had actually done any studies, he would have had to knowingly lie about the effects of his plans to destroy Los Angeles for anyone with a job. As it stands now, Mayor Antonio Villaraigosa has plausible deniability. Since he hasn't done any studies, he can play dumb and claim he thought he was telling the truth. And he can claim he is not aware of any studies that say otherwise.

All the studies done so far have shown that raising taxes reduces the number of jobs. As it is, businesses are leaving California in record numbers. Raising taxes only encourages business (as well as fed up individuals) to leave California for a state with a more equitable tax structure. All the studies done so far have shown that the green energy movement increases the cost of energy while reducing the number of jobs.
"(But) we will place every penny into a renewable energy and efficiency trust fund. This lock-box will create a level of transparency and accountability that has, quite frankly, been missing from the DWP's renewable plan."

If you believe that ANY government agency will create a lock-box then I have some beachfront property in Antarctica you might be interested in buying.

No government, EVER, has displayed any kind of "transparency and accountability" in any way, shape or form. Government can't function under direct sunlight. Like the vampire that it is, government can only work when the slaves citizens don't know what is going on. Otherwise the citizens are likely to revolt, just like they did back in 1776 in this country.

Social Security was originally supposed to be a lock-box program. The government was supposed to save and invest all the money people were paying into social security to make sure there would always be enough to pay out. Don't you know it, when the federal government ran short of funds, the first thing the federal government did was loot the social security lock-box (no point in leaving all that money sitting around and doing nothing).

So, in conclusion, no government is capable of keeping their hands off of lock-box funds. Raising taxes reduces the number of jobs, not increased. Government doesn't understand how to promote business and improve the lives of the slaves citizens. So government has no clue on how to invest in green energy platform which only increases the amount of taxes and reduces the number of jobs available.

Saturday, March 13, 2010

Politicians Reform Budget Process. A Minority Of One Can Now Pass A Budget.

http://www.fresnobee.com/2010/03/13/1857787/reform-efforts-could-bring-change.html
EDITORIAL: Reform efforts could bring change to state budget system
Lawmakers could approve a budget by a simple majority, rather than the current two-thirds vote requirement, and would forfeit their pay for failing to meet the constitutional deadline for approving the budget.

This legislation, like most legislation that gets passed is deeply flawed, and incredibly misleading.

It sounds good until you look at it closely. The legislature is hoping that you get confused by the comment about forfeiting pay if the budget is not passed. But that is like saying that the politicians will forfeit their pay if the sun doesn't shine. It will never happen, and if it actually does, then there will be much bigger problems to worry about.

The key part of this legislation, is that it changes a two-thirds vote requirement to a simple majority. Which means that the budget no longer needs to be a bipartisan effort. Which ever party has the slight majority, can tax and regulate to their hearts content.
But here’s the key point: The reform proposal would restrict programs from being created or expanded unless there was money to pay for them.

Evidently the writer of this editorial has never seen politics, American style. The federal government has a pay-as-you-go law. Nobody pays any attention to it. Any time they want to spend more than they have, they just use their simple majority to over ride the pay-as-you-go.

Which means, that this legislation is supposed to sucker every one into believing this is a good thing. When in reality this is a very bad thing.

Aren't you glad we have a government of the politicians, by the politicians and for the politicians?

Friday, March 12, 2010

Parole Board Reprimands Serial Killer For Leaving Victim's Bodies In Front Yard. Threatens Serial Killer With Sending Back To Prison.

http://www.latimes.com/news/local/la-me-gardner12-2010mar12,0,4643799.story
Sex offender violated parole but wasn't sent back to prison
John Albert Gardner III was barred from residing within half a mile of an elementary school when his parole officer found him living near a college's day-care center in San Diego County in September 2007.

This seems clear to me.

The public is unhappy about paying extra taxes for services they won't receive and incompetent wasteful spending by government.

So the government flunky's are punishing the slaves citizens by not sending criminals who have violated their parole agreements back to prison. However, it is unfair to single out the low level flunky's who are allowing rapists and murderers to remain on the street to threaten slaves citizens safety. This is the policy of the State of California from the top down.

Isn't it good to know that the government has their priorities straight when trying to balance the budget?

School District To Fire All Teachers To Save Money.

http://www.mercurynews.com/breaking-news/ci_14660639
Redwood City School District issues pink slip notices to 140 employees
The Redwood City School District board unanimously voted Wednesday to notify 140 district employees — including a fifth of all the teachers — that they may lose their jobs after this school year.

Interesting.

Out of 140 possible layoffs, most of the people to be considered for termination, are teachers. I wonder why more bureaucrats and less teachers weren't considered? Do you think it could be to punish the students for their parents unwillingness to pay higher taxes?

Thursday, March 11, 2010

Politicians Reduce Workers Hours To Give Politicians A Raise.

http://bayarea.blogs.nytimes.com/2010/03/11/the-unequal-impact-of-san-franciscos-fire-rehire-plan/
The Unequal Impact of San Francisco’s Fire-Rehire Plan
When San Francisco issued 17,474 pink slips to workers across nearly every city department, on Friday, what was not immediately clear was the disproportionate impact of the move, which hit 98 percent of workers in accounting and information-technology jobs while affecting about four percent of transit workers.

I just don't understand.

What is wrong with government?

Does the government hate the slaves citizens? Why does government have such horrible employment contracts that they need to fire everybody who works 40 hour weeks and then rehire them to work 37.5 hour weeks?

Is this the kind of flexibility and long term planning that you want to see managing your health care?

Budgeting, American Government Style.

http://www.businessweek.com/ap/financialnews/D9EBRTD01.htm
Calif. governor: Lawmakers must cut more spending
"It's extremely important that we immediately jump into action and make midyear cuts," Schwarzenegger told reporters on Tuesday. "We're spending, right now, $600 million a month more than we're taking in. It's irresponsible."

After years of spending everything in sight, and issuing bonds against everything out of sight (future income), Arnold Schwarzenegger (RINO - Republican In Name Only) who ran on a platform on fiscal responsibility has finally decided that what he and the legislature have been doing is irresponsible.

Gee. I wonder when he noticed that? Was it when the people started getting upset when they were receiving I.O.U.s instead of money? Was it when the tax revolt started and the government had difficulty increasing the already highest taxes in the country (while providing the worst service in the country)?

It really doesn't matter when Arnold Schwarzenegger noticed the problem. The rest of the politicians don't care. The rest of the politicians don't seem to think there is a problem. The rest of the politicians refuse to cut spending and insist the only solution is more taxes for the slaves citizens and more raises for the unions and the politicians. Now that California is a magnet state for criminals, unemployed and illegal aliens, it would be shameful to not pay them a living welfare.

Unfortunately for the politicians, the higher the taxes, the more employable and wealthy people leave the state.

Unless you are a politician, you should be able to see where this will end.

Obama Fiscal Legacy.

http://www.chicagotribune.com/news/local/ct-met-state-budget-mess-20100223,0,7172195.story
Illinois stuck in a ‘historic, epic’ budget crisis
Illinois government is staring down the barrel of an explosive financial mess, and perhaps nothing frames the danger better than two big numbers.

The first is $26 billion, the grand total that lawmakers have allotted this year for the meat of what the state does: funding education, health care, child welfare, public safety and the machinery of government itself.

The second number is $13 billion, the total of red ink in the state's main checking account that, by law, has to be erased — at least on paper — before a penny can be set aside for day-to-day operations in the fiscal year, which begins July 1, 2010.

Let me try to understand the situation. The State of Illinois thinks it must spend twice as much money as it is able to collect to pay for the things it wants.

For all you doubters that claim that Barack Hussein Obama had no experience in politics before attempting to destroy the United States, I think you are wrong. Barack Hussein Obama was educated to politics in Chicago, the most corrupt city, in the most corrupt state in the United States. Barack Hussein Obama participated in unbalancing the budget for the most reckless spending state in the country. Barack Hussein Obama learned that bankruptcy is not to be feared, but it is the normal way of life in Illinois. This is the experience that Barack Hussein Obama brings with him. So how can you expect Barack Hussein Obama to balance the federal budget (where he can print as much money as he wants), when he couldn't be bothered to balance the budget in his home state.

Tuesday, March 9, 2010

Colorado Politicians Attempt To Prove They Can Tax Anything They Want To.

http://www.denverpost.com/business/ci_14637785
Amazon.com drops Colorado retailers after tax law enacted
"It's blackmail, it's flat-out blackmail," said Jack Pommer, D-Boulder, author of the original bill. "It shows the lengths to which they'll go to keep the advantage they have over other local businesses."

Colorado politicians (and I use the term politicians to mean the corrupt Chicago style politics that the criminal-in-chief practices, and that most other politicians emulate) are upset that their plan to rape and pillage the few remaining taxpayers still living in Colorado is being opposed by amazon.com.

Colorado politicians who never met a bribe they didn't like, and never met a slave citizen they did like, have decided to destroy the economy, rather than balance the budget. Because the Colorado politicians are upset, and because they are incompetent to actually hold the offices they were elected to, they are reduced to calling names, and mischaracterizing their opposition (tactics approved and used by the liar-in-chief). If amazon.com is trying to blackmail Colorado politicians, then what name is there for the mismanagement, incompetence, corruption that passes for business as usual for Colorado politicians?

The best way to kill a hurting economy, is to overburden it with taxes and regulation. Many states agree with the socialist conversion that the communist-in-chief is working on. And the best way to spread the poverty, is to take from the people who do work, and give to the people who don't work. If the people who do work resist, then the police state will need to enforce their laws. Soon, there will be the tax police going door to door to investigate illegal computer usage. Yet another great excuse to raise taxes and create another department of the government authorized to carry guns and intimidate the slaves citizens.

"The power to tax is the power to destroy."
- John Marshall, Chief Justice of the United States Supreme Court