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Stockton bankruptcy resulted from common reckless borrowing

By tovarichpeter   Follow   Sat, 30 Jun 2012, 8:49am   537 views   7 comments
In South San Francisco CA 94080   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://www.contracostatimes.com/opinion/ci_20978602/daniel-borenstein-stockton-bankruptcy-resulted-from-common-reckless

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1. Honest Abe Follow Befriend (41) 91 threads 1,806 comments

   1   1:43pm Sat 30 Jun 2012   Share   Quote   Permalink   Like (1)   Dislike   Government has no concern about money, efficiency or the end result. The reason? They have no skin in the game. They are playing with other peoples money and could care less about the result of their irresponsible behavior. Out of money? Do what any good communist or socialist would do...engage in class warfare and TAX THE RICH !! After all, the rich didn't earn it fairly, or they inherited it, or they got it from unearned income or dividends at 0% tax, right? The USA as a whole is in a similar position to Stockton. You can't give everything to everyone without consequences. Free food, subsidized housing, free medical care, free dental care, free head start, free car from Government Motors, free gas from those evil oil companies, free insurance from the lizard, on and on and on. Utopia doesnt' exist. There is no such thing as a free lunch. Gezzz - why can't you libs understand simple cause and effect concepts?????

2. Honest Abe Follow Befriend (41) 91 threads 1,806 comments

   2   6:46am Mon 2 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike   "Tax the rich" is political newspeak lingo which really means tax everyone but make it look like only the rich will pay.

3. FortWayne Follow Befriend (13) 102 threads 3,759 comments

   3   7:13am Mon 2 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike   It collapsed out of common greed at all levels of government. They spent a lot of money they didn't have, they gave out very luxurious benefits to government unions... they had it coming.

4. AlexS Follow Befriend (1) 1 threads 284 comments

   4   8:14am Mon 2 Jul 2012   Share   Quote   Permalink   Like   Dislike (1)   Human brain consists of three layers - the core, reptilian (bite, eat, grab, chase, run), mammal (some basic foundation of caring for your offsprings and pack members), and third, human layer, with the ability to analyze, predict, and think analytically. Governments, and Public Unions in particular, haven't evolved past the Reptilian level. Grab what you can, while you can! Hike public salaries! Assign enormous pensions and benefits to yourself! You ask - but what will happen some years down the roads, when your benefits bankrupt the cities, states, and countries? Reptilian layer is incapable processing this question.

5. FortWayne Follow Befriend (13) 102 threads 3,759 comments

   5   8:27am Mon 2 Jul 2012   Share   Quote   Permalink   Like   Dislike   AlexS says You ask - but what will happen some years down the roads, when your benefits bankrupt the cities, states, and countries? Reptilian layer is incapable processing this question. They are capable, they just don't care. Basic human greed. It's why our society is falling apart so much, too many people are gaming the system. And it was always this way, I think before the advent of the internet we were all just less aware of it, and US did have a monopoly on everything in the world as the last standing empire. But today, only thing left is the transfer of wealth mechanisms. From our children, to the government unions and the old boys club.

6. AlexS Follow Befriend (1) 1 threads 284 comments

   6   8:47am Mon 2 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   FortWayne - agreed on most points. One gentle argument - human greed is one thing, but complete disregard and lack of concern is quite another. Anyone greedy has brains and would at least think: "hey, if I grab too much, if I put a boot on a throat of taxpayer so hard that the latter will just revolt, stop working, or move away, what then??? Who will support my old greedy behind then? Shouldn't I at least slow down a bit, maybe grab little less, but have more chance of feeding on this for a longer future"? No, these people are not human. They are reptiles.

7. FortWayne Follow Befriend (13) 102 threads 3,759 comments

   7   1:07pm Mon 2 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike   AlexS says FortWayne - agreed on most points. One gentle argument - human greed is one thing, but complete disregard and lack of concern is quite another. Anyone greedy has brains and would at least think: "hey, if I grab too much, if I put a boot on a throat of taxpayer so hard that the latter will just revolt, stop working, or move away, what then??? Who will support my old greedy behind then? Shouldn't I at least slow down a bit, maybe grab little less, but have more chance of feeding on this for a longer future"? No, these people are not human. They are reptiles. Absolutely. Feels like human decency went out the window at some point.