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progressive economic powerhouse states like California
Are you slightly mixed up (I’m being kind)? California is a bankrupt loony bin that is collapsing like a pancake due to all the liberal/socialist programs and high taxation. The sane people have left in droves. The only thing preventing more of an exodus is the fact that the high flying real estate market has also collapsed to such a degree that people can’t sell their homes for what they owe. Gov. Moonbeam will only make matters worse. I predict a default in his first term and CA bonds heading towards junk status.
Despite current debt problems, ca is by far the richest state in the union. The us also has a huge debt problem, but that doesn't make it poor either.
Please don't confuse macro and micro economics.
progressive economic powerhouse states like California
Are you slightly mixed up (I’m being kind)? California is a bankrupt loony bin that is collapsing like a pancake due to all the liberal/socialist programs and high taxation. The sane people have left in droves. The only thing preventing more of an exodus is the fact that the high flying real estate market has also collapsed to such a degree that people can’t sell their homes for what they owe. Gov. Moonbeam will only make matters worse. I predict a default in his first term and CA bonds heading towards junk status.
No, California is an INCREDIBLY RICH loony bin that is collapsing like a pancake due to horrible structural governance problems.
No, California is an INCREDIBLY RICH loony bin that is collapsing like a pancake due to horrible structural governance problems.
Not to worry, we'll all be sorted out into our Heaven/Hell bins anyhow when Lex Luthor causes California to slide into the ocean in order to expose his new beachfront property. Or any of a number of other fantasy ways in which people want to see California destroyed rolls around. I find it hilarious that the prospect of bankruptcy makes people salivate. It's so .... dull. John Cusack in a small plane narrowly escaping bankruptcy will be a hard sell. I guess it's like with Capone though, they'll take whatever they can get if it will bring low the target.
Denial is not a river in Egypt.
Isn't that what that total fake bald-headed guy on PBS says in one of his now-that-I'm-old-I have-suddenly-decided-to-become-a-good-person SHOWS.
He is sort of the Dr. Phil of PBS. Everybody (?) knows that Dr. Phil is just a pretentious asshole, but what about the PBS guy?
How does California’s bankrupt state government carry ‘welfare states like Kentucky’…or any other state? Where is the budget line items where such expenditures are happening?
There are none.
Sigh. Look it up.
Can we expand this list to include honorary mentions? I think this qualifies:
http://www.politico.com/news/stories/1110/45181.html
"A conservative Maryland physician elected to Congress on an anti-Obamacare platform surprised fellow freshmen at a Monday orientation session by demanding to know why his government-subsidized health care plan takes a month to kick in."
California would have no fiscal problems if we weren’t forced to carry welfare states like Kentucky.
although... I don't have numbers but my sense is that this statement is not entirely correct...
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It took newly elected senator and super-teaparty libertarian Rand Paul of Kentucky all of one week to be corrupted by Washington.
He campaigned (as did all Tea Partiers of note) on being dead against earmarking spending on his home state in federal spending bills. And now, a week after the election, he has already been corrupted.
http://www.huffingtonpost.com/2010/11/09/rand-paul-earmarks-ban_n_780832.html
In a bigger shift from his campaign pledge to end earmarks, he tells me that they are a bad "symbol" of easy spending but that he will fight for Kentucky's share of earmarks and federal pork, as long as it's doled out transparently at the committee level and not parachuted in in the dead of night. "I will advocate for Kentucky's interests," he says.
Well, well, well. So the tea party candidates were just a bunch of power-hungry opportunists after all. Who would have thunk?
justme says
Please add other Tea Part flip-flops to this thread as you see them.
#politics