California Prepares to Issue IOUs

NeverNeverLand wrote:

<quoted text>Yeah, baby...with age comes experience. Watch to movie as it unfolds.

Benjaminh Button? 0Land?:-0 ba`by.!:-0 do i needgrow ^?:-)

crazy ox3thong wrote:

<quoted text>
http://en.wikipedia.org/wiki/File:Gordon_Moor...
mooooore law 0 U ?:-0

Huh? I'm not used to posting so much, and can't decipher your question. I visited the link and it had some picture of some guy fishing...

I am not sure enough people in California care who makes the policies and laws that are bankrupting the state. It would be nice to see everyone voted out that can be in 2010. I don't care about their party affiliation. The politicians need to stop the outrageous spending.

I see a potentialy big legal problem here. How would federal taxes be collected on state issued IOUs?

The 2/3 majority to pass any tax increase is killing California.

This needs to change.

A small minority of Anti-tax creeps are bringing this great state to its knees

How can a state run by elitists who think they know more then anyone ( democrats) all that money in Hollywood ( again liberal democrats) the highest tax state in the country ( of course dems,except A.S. who might as well be democrat) and YET they are handing out IOU;s because they are bellyup 25B in the hole! and of course the same liberal attitude is running or ruining this country

SC Guy wrote:

The 2/3 majority to pass any tax increase is killing California.
This needs to change.
A small minority of Anti-tax creeps are bringing this great state to its knees

Or is it the people who want to keep growing the government that is the problem?

Billy Ringo wrote:

Ahnold has done the same thing to Kaliforny that Pataki did to NY.
NEVER... EVER .. elect a Rethuglican to anything -EVER !!!!!!!

Gosh Billy, that sure was a clever comeback. HOW DO YOU DO IT?

Though, what you're conveniently forgetting is the fact that the California state legislature is overwhelmingly Democratic (and has been for years), and that's where the laws are made, the bills passed, and the people fleeced.

Arnold wanted to cut spending to bring the budget back into some semblance of balance. State Democrats, on the other hand, wouldn't agree to cuts. Instead, they wanted to do what all Dems live for - to INCREASE the tax burden on the state's residents and businesses! In a state that is BLEEDING residents, businesses and taxpayers to surrounding states!

They reached a political impasse, with neither side willing to give in, and the end result is that the state will have to start issuing IOU's to the people and businesses it owes.

Now, I may not be the smartest guy in the laboratory, but even I can see the folly in the Democratic way of doing business.

Then again, were the Dems to approve of across the board cuts in goods and services, they would effectively destroy the base they've worked so hard to pander to. And what self-respecting neo-Socialist Democrat would want to have that monkey on their back come election time?

SC Guy wrote:

The 2/3 majority to pass any tax increase is killing California.
This needs to change.
A small minority of Anti-tax creeps are bringing this great state to its knees

I hope you are kidding here,but,if your not,well high taxes are why your in this hole debt to start with!

SC Guy wrote:

The 2/3 majority to pass any tax increase is killing California.
This needs to change.
A small minority of Anti-tax creeps are bringing this great state to its knees

Yeah, I see where you're coming from. Those anti-tax creeps don't want to open up the state coffers to illegal aliens and a host of others who have made the trek to paradise in hopes of sponging off the highly lucrative welfare state that is today's California.

They can't imagine why their governmental representatives can't seem to live within certain budget restraints, and instead continue, every session, to spend much more money than they've taken in from the taxpayers.

Those anti-tax creeps have seen with their own two eyes what unbridled and unchecked government spending has wrought upon the state, and why they need to do with less- not more.

Yeah, I see your point now. Perhaps if just one more hospital that gives out "free care" to non-working and illegal "Californians" under the current "spend and spend" policy of California government could be persuaded to also go out of business due to the ridiculous taxpayer funded costs involved, then perhaps the solvent portion of the states taxpayers could be sold just one more "bill of goods" that would finally bankrupt the state once and for all?

(sarcasm meter on)

Mickey C wrote:

<quoted text>
Yeah, I see where you're coming from. Those anti-tax creeps don't want to open up the state coffers to illegal aliens and a host of others who have made the trek to paradise in hopes of sponging off the highly lucrative welfare state that is today's California.
They can't imagine why their governmental representatives can't seem to live within certain budget restraints, and instead continue, every session, to spend much more money than they've taken in from the taxpayers.
Those anti-tax creeps have seen with their own two eyes what unbridled and unchecked government spending has wrought upon the state, and why they need to do with less- not more.
Yeah, I see your point now. Perhaps if just one more hospital that gives out "free care" to non-working and illegal "Californians" under the current "spend and spend" policy of California government could be persuaded to also go out of business due to the ridiculous taxpayer funded costs involved, then perhaps the solvent portion of the states taxpayers could be sold just one more "bill of goods" that would finally bankrupt the state once and for all?
(sarcasm meter on)

I bet you voted for BUSH once or twice. BUSH allowed the illegals to cross the boarder and didn't fine/imprison employers of illegals.

carey529 wrote:

<quoted text>
what???
where did ANYONE say california's debacle is obama's fault???
and, wait ... california's state house is EXCEDINGLY far left liberal democrat. THAT'S IT!
but, don't let fact's get in the way of your posts

Tell me what the first post has to do with this topic?

This is absurd. The remedy is common sense. In 'gumment' there is no common sense!

California business mantra seems to resemble an organized crime business blow out. The only problem is that they did not realize a profit, that is only the politicians made the money, the State as a business is busted,broke,insolvent

How do you run any business to the ground like that, problem is they ran out of other peoples money to spend and are now looking for more.
Citizens are saying credit card cancelled, they are broke as well, but the last to fall are going to be the sub class of free loading generationally dependent citizens that have not contributed nothing but a drain on the State, send them IOU's first...

Billy Ringo wrote:

Ahnold has done the same thing to Kaliforny that Pataki did to NY.
NEVER... EVER .. elect a Rethuglican to anything -EVER !!!!!!!

LMAO, the democrats control what goes down in fairly land,arnie is only a figure head,he can veto a bill but the rats in control pass them over the vote anuway.

Tax Tax tax tax Tax tax tax tax tax tax tax

thats all you demos know how to do,and then you wonder why business goes else where like over seas to earn a buck.

Idot

SC Guy wrote:

The 2/3 majority to pass any tax increase is killing California.
This needs to change.
A small minority of Anti-tax creeps are bringing this great state to its knees

A solution is at hand: vote out the Republicans.

david wrote:

Bunch of screwed up democrat legislators put our state in this pinch, along with Arnold. I say vote them all out in 2010 and put some business people in charge who understand "budget". We voted no new taxes, they want to add taxes. Boneheads

#1.Don't let Mexican ambulances cross the border.#2.Give the welfare crowd iou's.That seems like a good place to start.

Mickey C wrote:

<quoted text>
Yeah, I see where you're coming from. Those anti-tax creeps don't want to open up the state coffers to illegal aliens and a host of others who have made the trek to paradise in hopes of sponging off the highly lucrative welfare state that is today's California.
They can't imagine why their governmental representatives can't seem to live within certain budget restraints, and instead continue, every session, to spend much more money than they've taken in from the taxpayers.
Those anti-tax creeps have seen with their own two eyes what unbridled and unchecked government spending has wrought upon the state, and why they need to do with less- not more.
Yeah, I see your point now. Perhaps if just one more hospital that gives out "free care" to non-working and illegal "Californians" under the current "spend and spend" policy of California government could be persuaded to also go out of business due to the ridiculous taxpayer funded costs involved, then perhaps the solvent portion of the states taxpayers could be sold just one more "bill of goods" that would finally bankrupt the state once and for all?
(sarcasm meter on)

How about one more referendum.No member of the state legislature can run for reelection if:#1.the budget is not balanced.#2.taxes are raised.

Hannibal Barca wrote:

<quoted text>
Tell me what the first post has to do with this topic?

you tell me, einstein ... YOU said it!

Hannibal Barca
Joined: Mar 14, 2009
Comments: 1398

Kansas City, MO
Reply »
So the right is going to blame Obama for California's mismatching over the last decade?

Oh wait, Cali must currently have a Repub Governor. That's it.

California should stand as a prime example of why LIBERALISM and curruption, that's a redundent statement, will NEVER work.