Will U.S., Inc., acquire California?

The President of Chrysler-Government Motors may soon create a public sector subsidiary to acquire failed states, starting with California.   Voters on Tuesday rejected a package of tax increases, mushy spending caps and borrowing from future lottery revenues to balance the budget.  The only measure approved would ban raises for legislators and statewide office-holders when the state runs a deficit.

As with Rick Wagoner, the former president of General Motors, who was ousted when his company was taken over by the President of United States, Inc., California Gov. Arnold Schwarzenegger may be toast.  He’s asking the same source for a $7 billion guarantee for loans that would be issued by the defunct State of California, which has seen its general obligation debt grow from $37 billion to more than $70 billion under Schwarzenegger.

Californians won’t cut spending and won’t vote taxes.  It is la-la land, with a worsening budget deficit and no will to do anything about it.  California is the minimum-wage homeowner who bought a mansion with a no-documented-income loan in the go-go years and now expects those who lived within their means and managed their lives responsibility to bail them out.

First the financial sector, then the autos and soon to come, the State of California.  Bet on it.

87 comments Add your comment

Munch

May 20th, 2009
8:30 am

And thus does Wooten become increasingly like his hero, St Ronald. In later years, scholars will pore over Jim’s collected works to try to pinpoint the exact moment he shifted from mindless wingnuttery into clinical dementia. Alas, just like today’s column, the effort will be pointless.

Redneck Convert

May 20th, 2009
8:45 am

Well, California wouldn’t be about to fold if they paid attention to what us Conservatives want them to do, such as

1. Cut the guvmint down to maybe 4 or 5 people. They don’t need no stinking guvmint.
2. Stop spending so much money on schools. About 90% of the kids that go to school are lunkheads that would be alot better off going out into the real world and getting a job. All you get when you pay for that many people to go to school is more libruls that want to spend, spend, spend. If you get more people that see their paychecks being robbed by the guvmint you will get more Conservatives and better, smaller guvmint.
3. If people want to go to colledge make them pay for all of it. Don’t make the taxpayers fork over money so the heathen professors can turn out more libruls. We don’t need a bunch of colledge graduates. I never made it out of the 5th grade and it never hurt me none.
4. Truck all the illegals in CA across the border and dump them. You will save about $10 billion right there. Good Americans, even if they are from California, oughtn’t to be forced to pay taxes to give state benefits to illegals. If the state of CA is too strapped right now to do all the hauling, us rednecks can help out. I figure each of us can haul about 10 illegals each and that ought to make it a one-day job.

There. You will save California. If this Arnold Whatshisname wants to send me a small check for helping to save his state, he can just mail it c/o Simpsons Trailer Park, Cumming, GA. Have a good day everybody.

Copyleft

May 20th, 2009
8:45 am

Well well… looks like Mr. Wooten’s getting bitter!

Nothing worse than a competent federal government actually taking action to help the middle class, is there? (At least, in the right wing’s fevered nightmares.)

RetLTC

May 20th, 2009
8:51 am

A question to “conservatives”? What opened the door for this alleged government takeover that you are railing about. What created the opportunity for this alleged “socialization” of America? Any “conservative” wish to hazard a guess?

Ga Values

May 20th, 2009
8:52 am

Jim why did you not write about our next President’s OK on her clothes? Those left wingers were all after her but she was legal all the time.

The Federal Election Commission has cleared the Republican National Committee’s purchase of $150,000 in clothes for Sarah Palin and her family.

In a 5 – 0 vote taken late last month but made public Tuesday, the commission dismissed a complaint brought by the left-leaning watchdog group Citizens for Responsibility and Ethics in Washington alleging that the RNC and Palin violated the ban on “personal use” of campaign cash by paying for a shopping spree for the Palin family at high-end stores including Neiman Marcus, Nordstrom and Victoria’s Secret.

The expenditures, first revealed by POLITICO, caused major public relations headaches for Palin, the Republican vice presidential candidate and Alaska governor who cast herself as a modest-living everywoman. But the FEC ruled they did not constitute a prohibited personal use because that provision applies only to money raised by candidates, not by party committees.

“Gov. Palin states that the RNC used its own funds to make the expenditures for the clothing and accessories, and not the funds in the campaign account of any candidate,” the FEC wrote in an explanation sent to CREW Tuesday. “We have no information to the contrary. As such, no candidate funds were converted to ‘personal use.’”

Instead, the cash came from the several million dollars the RNC was entitled to spend in coordination with the McCain presidential campaign.

Palin spokeswoman Meghan Stapleton used the FEC decision to reiterate her boss’ positions that she was the victim of media bias and that campaign handlers were behind the shopping spree.

“We are pleased to learn that all the purchases and decisions made by senior campaign staffers, and paid for by the RNC and returned to the RNC, were all done according to the law,” Stapleton said in a statement. “It is difficult to reconcile the obsessive reference to clothing on the campaign trail with any legitimate political issue and that leaves the unsettling conclusion that Governor Palin is the single national political figure who is critiqued on policy, family and clothing. When people start asking details about the personal effects of other candidates, then maybe the double standard will be eliminated.”

CREW does not plan to appeal the decision, spokeswoman Naomi Seligman said.

The FEC, which has recommended Congress extend the personal use ban to party committees, did not disclose the vote by which it dismissed CREW’s complaint.

Earlier, though, the commission ordered the RNC to amend its expenditure reports, which had listed the clothing payments as “campaign accessories” to “include a brief statement or description of why the (accessory) expenditures were made” on behalf of the McCain-Palin campaign.

In late March, the RNC filed an amended report detailing exactly which disbursements were clothing purchases for the Republican vice presidential candidate and her family.

The amended report showed that the committee paid about $23,000 for clothing in the three weeks before and after Election Day — bringing the total clothing purchases for the Palins to about $173,000.

***********Handel 2010**********Palin Mccain 2012**********

Get Real

May 20th, 2009
8:52 am

This guy Wooten is nuts. He wants to go way out to the left coast to find a state in financial ruin, while he ignores his home state and its financial predicament. Without the stimulus money that Wooten likes to rail about, Georgia wouldn’t have been able to balance its budget. I wonder if Wooten would be screaming about raising taxes then. Probably not, he’s delusional. Has he said anything of Sonny keeping his Go Fish program going while making huge cuts in education? Nope. What about when Bush and Paulson gave $700 billion to the banks, no strings attached? Nothing. 9/11 occurring on Bush’s watch, after he received a briefing titled: “bin Laden determined to strike U.S.”? Blame Clinton.

See Wooten, without Obama Georgia would be in financial straits just as California. But you would rather bite the hand that feeds you. I think MOST people are smart enough to understand your partisan words mean nothing without offering any solutions. Just like Steele yesterday. It does no good and makes you look like a sore loser. Seems as though as long as your party is in power it doesn’t matter how many unnecessary wars are started, how many millions of jobs are shipped overseas (even though cutting taxes of the rich are supposed to create jobs, that American citizens are illegally wiretapped by their own government, a surplus is turned into a deficit, everything is A OK as long as a republican is running things. I understand you’re mailing these last few weeks in, but I’d rather you head to the farm early then writing this crap.

Get Real

May 20th, 2009
8:53 am

Ga Values and Churchill’s Mom are the same person!

Jackie

May 20th, 2009
9:10 am

California, at one time during the 1990’s, was the 8th largest economy in the world. In part, the state was bankrupted by the policies employed by Enron and sanctioned by the Bush administration relative to electricity costs.

Secondly, California dug itself into a major hole by trying to solve all problems with “lock them up and throw away the key” mentality. The state spends more on prisons than it does on schools.

A look a Georgia and its budget crisis, the state is heading down the same path. Georgia spends more than $14 billion on prisons, with several of them empty and/or being run by private prison corporations.

Appears this concept is not working well!

Peter

May 20th, 2009
9:16 am

Hey Jim……….California, like Georgia, and like the US prior to the recent election…all run by REPUBLICAN’S…………obviously they cannot run the government in the Black.

Spending is what Republican’s do…….balancing a budget is not for Republican’s !

So much for being conservative……..HA HA HA…….. your tag line is a JOKE !

So much for Republican Ideas……..which there seems to be none, and much like you……….. nothing new that would be considered interesting or enlightening is coming from ANY REPUBLICAN these days, and hasn’t come for years now.

Please keep your sad attitude, and wonder how badly your party has become.

REPUBLICAN’S = The party of BIG Government, and Big Spending.

Is America Better after 8 years of Bush and the Republican’s …….. HA HA HA HA HA !

Davo

May 20th, 2009
9:17 am

Here’s something that ‘conservative’ blowhards like JW fail to mention everytime the subject of California comes up…Why do I have to pay for all of that states calamitys? If it’s not fires; it’s mudslides. If it’s not earthquakes, it’s beach erosion. Just wait…anytime now there will be some other disaster that California can’t handle and will come begging for federal assistance. Notice that they won’t make demands on their own residents to say, ‘not build in a known fire area’, or ‘ Gee, looks to me like your house is built to close to the ocean.’ That would cause a loss of tax revenue wouldn’t it?

And the feds just dole out the cash…cause they don’t have to pay for it either. Eventually we all foot the bill for California’s incompetant govt.

Munch

May 20th, 2009
9:20 am

Jackie

You forgot to mention Prop 13.

Big Bucks GOP doing the Lords work

May 20th, 2009
9:45 am

Bank of America raised $13.47 billion through a share sale, marking a
major step toward meeting the government’s capital requirements under
the stress tests.

Aquagirl

May 20th, 2009
9:45 am

Jim’s kveching like Arnie cut taxes while pursuing military misadventures costing trillions of dollars. Now that would be really stupid and irresponsible, wouldn’t it?

Road Scholar

May 20th, 2009
9:46 am

Bill Shipp is retiring immediately. Wooten, please join him….now!

Big Bucks GOP doing the Lords work

May 20th, 2009
9:46 am

The American International Group is hoping to float its Asian business,
but Breakingviews says the stock offering could be a tough sell.

Big Bucks GOP doing the Lords work

May 20th, 2009
9:48 am

The Obama administration, trying to crack down on abuses exposed by the
financial crisis, is considering creation of a regulatory commission to
protect consumers of financial products such as credit cards and
mortgages,

Big Bucks GOP doing the Lords work

May 20th, 2009
9:50 am

J. Ezra Merkin, the New York financier who lost more than $2.4 billion
of his clients’ money in Bernard L. Madoff’s Ponzi scheme, has agreed
to place his three hedge funds into receivership and turn them over to
a liquidator, Guidepost Partners.

Elephant Whip

May 20th, 2009
9:50 am

“Californians won’t cut spending and won’t vote taxes.”

And why is that a problem for you? You’re a conservative republican aren’t you. Isn’t that exactly what conservative republicans do?

Big Bucks GOP doing the Lords work

May 20th, 2009
9:52 am

If Chrysler’s bankruptcy plan is approved, current owners of Chrysler,
Dodge and Jeep vehicles may find that their right to sue the automaker
for injury-causing defects is a matter of debate.

Road Scholar

May 20th, 2009
9:53 am

Just received a notice from one of my credit card companies raising my rate to 18% from 8%. I called them, pointed out my excellent credit rating, and on-time payment (usually the total due) history, and they said no to reducing the rate. When I asked to talk to the employee’s supervisor, she said that she was the supervisor. I asked to talk to her boss or the VP in charge and she said they didn’t answer their phone. Talk about a screw job before the government get the credit rights bill passed and signed!

They can expect my cut up card in the envelope with my final bill payment with a big F U. Capitol One is Capitol NONE!

Shar

May 20th, 2009
9:56 am

Arnold is (milque)toast, Jim. He’s a pansey with a lot of muscles and spaghetti spine.

He represents Cali well.

Big Bucks GOP doing the Lords work

May 20th, 2009
9:56 am

The Senate voted overwhelmingly on Tuesday to put new restrictions on
the credit card industry, passing a bill whose backers say will make
card issuers spell out their terms in fewer words, using plain English,
and treat customers more fairly.

hryder

May 20th, 2009
9:59 am

NO! NO!! NO!!! There should be nothing done by the federal government to provide funding for California state government. The legislature and voting populus of that state caused this mess and should as a state suffer the consequences. Most of the other states are and have been aware that they should live within their means. There is a great difference between desires and needs. It is past time that the folks in “La-La Land” and D.C. learn this and conduct themselves accordingly.

Pete Seguin

May 20th, 2009
10:05 am

Welcome to California, where they’re just smart enough to try and reinvent the economic wheel. It’s as if the lessons of socialism and imported day labor didn’t register with these folks.

You have to reinvest in your state, country and community with high quality labor. Women don’t focus so much on their career and have three or four children instead of one. It’s like taking the local rec team to play against the Celtics. Can’t compete. Will need assistance.

But you go ahead and let these Democrat retards convince you otherwise. Just proves my point.

hryder

May 20th, 2009
10:09 am

P.S., Doing nothing is what should have occurred with all the other federal bailouts. Sitting on ones hands would have been the best and most appropriate inaction!

Will

May 20th, 2009
10:23 am

The Georgia republicans came away from Savannah seemingly united in their belief that the core principals of the party will lead them.

So what did Georgia’s two republican US Senators do? In almost the FIRST vote after this convention, these two abandoned the core principal of the free market/free enterprise and joined with President Obama in deciding that the federal government, not the free enterprise, should set the standards for credit card use. These two just proved that doing the popular thing will always trump doing the right thing.

I would like to invite Senator Isakason to join Senators Snowe, Collins, Graham, and other non-conservative republican senators to join the recently departed US Senator from PA to find another political party.

Billy Bob

May 20th, 2009
10:28 am

What happened, Jim, two links cause the server squirrels to crash?

Jim Galloway

May 20th, 2009
10:32 am

Just got off the phone with Bill Shipp, who confirmed that — after more than 50 years of political journalism in Georgia — he’s written his last column.

“All good things must come to an end,” said Shipp, 75.

Shipp joined what is now the AJC (the Constitution was a separate paper at the time) in 1953.

A younger Bill Shipp at the state Capitol in 1956/AJC staff
At his peak, Shipp was the most influential newspaper columnist in Georgia, and cut a half-century swath through Georgia politics that put him in the middle of the South’s many post-World War II convulsions – the Civil Rights movement, the assassination of Martin Luther King, and the Republican revolution.

On-and-off friend Zell Miller, while lieutenant governor, once stalked up to Shipp’s glass-walled newspaper office on Marietta Street and threatened to whip the writer’s posterior. As governor, Jimmy Carter felt Shipp’s barbs – but also relied on the newspaperman to put out the word on his presidential ambitions.

Carter’s successor, George Busbee, gleefully chucked the columnist, fully clothed, into the swimming pool at the Governor’s Mansion.

And on the day after his election as the first Republican chief executive of Georgia in 130 years, Sonny Perdue in 2002 made Shipp the topic of his first order as governor-elect. Perdue barred members of his staff from speaking with the Democratic-leaning Shipp. Which pleased the columnist to no end.

As late as Saturday, in a speech to the state GOP convention, Secretary of State Karen Handel — a GOP candidate for governor — declared Shipp to a force that Republicans must reckon with. His last column would be published four days later — offering a rare but restrained compliment to Perdue for vetoing a capital gains tax cut.

Shipp’s greatest contribution to political journalism may have come at the end of his career. After leaving the AJC in 1987, Shipp struck out on his own with a newsletter that he took to Internet in 1994 — the first journalist in Georgia to do so.

“That’s what I’m proudest of,” Shipp said in a 2006 interview. Shipp sold the venture in 2000 to former state lawmaker and entrepreneur Matt Towery, but continued his twice-a-week columns, carried in 60 state newspapers, until this week.

RetLTC

May 20th, 2009
10:41 am

Too bad this country has become slaves to runaway personal spending and reliance on credit cards just to get to the next paycheck. The kind of “tea party” we need in this country is a gigantic bonfire in every city, town, and village in this nation and every credit card in existence tossed into the flames. Want to stop abusive practices from these credit vultures? Make them your slaves instead of you being theirs. People have so much more power and control than these institutions if they will just unite and deny these robbers the source of their power. Make them tap to your dance folks. The first step toward that goal is to stop using their cards. Those cards are the chains that bind you. Make them start over with you the consumer giving them the terms that will allow them to do business with you. And when they step out of line, do it to them again.

Ga Values

May 20th, 2009
10:44 am

Billy Bob 10:28 am

Where is your list of Georgia Republicans who are CONSERVATIVES?

As you can see from Will 10:23 am post both of our BIG SPENDING, BIG GOVERNMENT, PRO AMNESTY Socialist Senators voted fpor Obama’s credit card bill. Saxby sold our vote on TARP for over $2,500,000 but I guess the banks could not come up with the cash to buy our vote on the credit card bill.

JLK

May 20th, 2009
10:51 am

The State of California should levy taxes on their biggest cash crop. The continued illegal status of that which millions purchase anyway just ensures that the money will move, untaxed, into the hands of murderous criminals. Most Americans would prefer that a portion of their vice money went toward schools, infrastructure, and emergency services than to those cutting off heads in Juarez. Americans want to buy American! It’s the smart thing to do.

Billy Bob

May 20th, 2009
10:54 am

Ga Values

I won’t speak to the specifics of any vote(s) cast by a legislator in isolation. No legislator or little legislation works in isolation. They are part of a larger body and must compromise on occasion while maintaining core principles. Principles keep you on the right road, but strategic compromise can get the road built.

The CONSERVATIVE change you seek is in the heart of Americans and the leadership skills of the Republican Party. There is no doubt in my mind that the Republican Party moves only as it has good national leadership, and their is something of a void in that area. We will change that.

RetLTC

May 20th, 2009
10:56 am

Yeah right, JLK! You right wing fruitcakes always need somewhere to point the finger of blame don’t you? Look in the mirror and more than likely you’ll see the source of your problems.

deegee

May 20th, 2009
10:56 am

Small businesses use credit cards extensively to purchase goods that they anticipate will be sold in the near future. The credit card legislation is necessary to help small businesses stay afloat while we recover from the cluster fornication that occurred between 2002 and 2008. Perhaps the banks will now stop sending unsolicited credit card applications to teenagers, persons in bankruptcy and all other non-creditworthy individuals. The banks have no one to blame but themselves for this.

The 3 states that have the highest budget deficits are California, Nevada and Arizona. They are also at the top of the housing bubble boom/bust list. Sales and property tax revenues have declined sharply thanks again to the folks that brought us the worst business climate since the 1940s.

JLK

May 20th, 2009
11:09 am

RetLTC, how thoughtful and helpful of you to offer advice on my problems! Thank you, Sir! But I don’t have any at the moment that require your advice. I was merely pointing out that NOT taxing your biggest cash crop and having a serious deficit as a result is illogical, especially when Americans would rather buy American. BTW, here’s my helpful advice to you: You’re retired now, so nobody has to call you Sir, and NOBODY CARES how angry you are, so grow your hair out past a quarter inch already, chill out, and learn to live among the civilians. You might actually find a friend or two and not be so bitter.

Jackie

May 20th, 2009
11:10 am

@Munch

Prop 13, Prop 5, the current budget crisis voted down by the California citizens.
Somehow, they seem to think government should be without costs, therefore, taxes are too high.
Studies have shown that California pays relatively the same per captia tax dollars that all other states pay.

How many other states is there without a budget crisis? Those that have balanced their state budgets, most have pulled this feat off using Federal stimulus dollars.

david wayne osedach

May 20th, 2009
11:55 am

We here in San Diego won’t mind a Federal bailout of California – at all.

RetLTC

May 20th, 2009
11:56 am

So JLK, pray tell how “illegal” immigrants became part of your rant. Obviously you see them as the catalyst for what is bugging you. In actuality these “illegals” are the proverbial flea on the elephant’s butt when it comes to California’s problems…and yours. Angry? I think not. Just amazed how certain types with the same talking points seem to always get around to pointing the finger at those people.

Elephant Whip

May 20th, 2009
11:57 am

Road Scholar:

Re: Capital One

I received the same notice and it really irked me, but I thought of a a different solution instead of cutting up my card.

I am getting the cash back on my card (something like 1/10th a penny on every dollar), but every few months it adds up. And I still don’t pay an annual fee. I also never carry a balance.

Rather than cancel my card, I am going to keep it and make them either apply my accrued cash back to my balance or cut me a check. That way, in return for their attempt to somehow make me pay more interest, I am going to continue to collect money from them.

I guess their next step will be to end my bonus program or charge a yearly fee. Then I will shred my card.

deegee

May 20th, 2009
11:57 am

Marijuana has been California’s largest cash crop for decades. Marijuana is not lethal in small doses and people in this hemisphere have been passing the peace pipe for centuries. Why not get real and legalize it so we can tax it?

Elephant Whip

May 20th, 2009
12:08 pm

Will:

Preventing credit card companies from preying on kids and non-credit worthy customers or doing a bait and switch on interest rates is NOT the RIGHT thing to do?

These credit practices are quasi-criminal acts by multi-state players. Therefore, we need quasi-law enforcement from the government to stop it. The free market does not regulate credit well; such lack of regulation is the reason for the current economic crisis.

Furthermore, explain to me how letting creditors reap eternal interest from people, whom the creditors knew would not be able to pay their full debt, has any moral, conservative, family value.

JLK

May 20th, 2009
12:17 pm

RetLTC, you misunderstood me. I wasn’t ranting about illegal immigrants, I was ranting about illegal CROPS, and the DRUG CARTELS that thrive because American governments won’t legalize and tax their biggest cash crop. I was pointing the finger at prohibition, not humans who migrate there to pick avocados. Taxing the wages of fruit pickers won’t eliminate California’s deficit. Taxing doobage just might.

Emily Litella

May 20th, 2009
12:25 pm

Oh, that’s very different. Nevermind.

RetLTC

May 20th, 2009
12:28 pm

Ok. Understood. If everyone in California is high or wants to be that might help.

Ga Values

May 20th, 2009
12:31 pm

Billy Bob 10:54 am

Do you think our 2 Socialist Senators are Conservatives? Both voted for TARP, both refuse to sign the no earmark pledge and Saxby works for his son’s clients not Georgia. Are they CONSERVATIVES? If so why?

Glenn

May 20th, 2009
12:33 pm

Count me out on this one, for two reasons: (1) y’all mocked me for being a surfer when I warned you this was coming; and (2) when I warned of its implications for the federal budget you just blew it off.

Glenn

May 20th, 2009
12:34 pm

Emily Litella is my heroine.

Ga Values

May 20th, 2009
12:46 pm

Like most here I have a card that pays me: 5% for gas, 3% for travel and 1% for all other and it’s deducted from my balance the month after it’s earned. I never carry a balance so the past due rate doesn’t matter to me. Being older than most I remember when American Express was the only alternative, $90.00 per year fee and cut off it you paid late. Here is a very good article from the NYT about what the credit card bill means to most of us.

http://www.nytimes.com/2009/05/19/business/19credit.html?em

JLK

May 20th, 2009
1:01 pm

RetLTC, it is what it is. Facts exist outside the realm of how we feel or what we think about them. Dumping billions into the “war on drugs” and incarcerating non-violent drug offenders has only drained resources and perpetuated crime. Taxing what people do anyway seems more logical, IMO. At least they could pay their teachers instead of asking fewer to do more with less while the laid off teachers stand in the unemployment line. Our personal ideologies really don’t come into play on this one. Is it Un-American to be pragmatic?

Peter

May 20th, 2009
1:36 pm

Won’t cut spending, won’t raise taxes………

Kind of like Starting a WAR and cutting Taxes Jim…….Just what Bush did………no wonder the entire country is a mess……

Is America Better after 8 Years fo Bush and the REPUBLICAN’S ?

Is Georgia Better after Sonny ?

How is your house price holding up Jim ?

million

May 20th, 2009
1:44 pm

KUDOS to the ordinary taxpayers of California who refused to tax themselves to death for the benefit of unions and other undeserving groups. Now if they could just cut their own legislature’s pay, legalize pot, release all minor drug offenders, and privative their prison system, then they may have a shot at balancing their budget!

Dusty

May 20th, 2009
1:48 pm

Oh my goodness,
I’m not worried one bit about California.

When the Democrats have finished installing 100% socialism I will pick a nice government home with a tall palm tree under which I will eat my government furnished groceries before riding my bicycle through the government cleaned air.

Should I get sick, I will go to the government healthcare center where a nurse’s aide will give me treatment and a presscription from the government FREE drug store. If my children get sick at the government school, they can bring their manifesto textbook home with them.

Should I take my annual four month vacation after working hard one day a week at the government center, I will ride the government owned train to….you got it…CALIFORNIA.

So there is no need to worry. Democrats will take care of YOU and California.

Peter

May 20th, 2009
1:57 pm

Dusty you shouldn’t worry……a Democrat is in the White House…and he won’t be starting any more “Made UP WARS”, that will further bankrupt the US, while cutting taxes at the same time creating a bigger budget deficit.

The state of California is run by a Republican, that is the issue.

Bonaphone

May 20th, 2009
2:07 pm

Copyleft! You dumbass!

Dusty

May 20th, 2009
2:13 pm

Dear Peter,

Maybe you better not pick a governent home in California even though they elect Democratic representatives like Madame Pelosi, mother of tireless turpitude.

Maybe we can get a swap-out. Arno to Washington and Pelosi to Sacramento. Sounds good to me.

Peter

May 20th, 2009
2:17 pm

Hey Degree…….. Interesting comments……….

“The 3 states that have the highest budget deficits are California, Nevada and Arizona. They are also at the top of the housing bubble boom/bust list. Sales and property tax revenues have declined sharply thanks again to the folks that brought us the worst business climate since the 1940s.”

Guess what folks….all three states have Republican Governors…….Proof again…..Republican’s are NOT Fiscally Conservative, as in Jim’s Funny Tag line.

The worst Business Climate was Brought to ALL…….BY REPUBLICAN’S !

Peter

May 20th, 2009
2:20 pm

Hey Dusty………….. Bush was the ONLY President in US History to start a war and cut taxes…..

RetLTC

May 20th, 2009
2:26 pm

Yes JLK the “war on drugs” (LMAO) has been a total and absolute waste. Of course we all know that there is a great deal of money being made by millions of private companies and government agencies “fighting” this war on drugs that we all know is a total farce. Some police forces would become smoking black holes were it not for the revenues generated by forfeitures and drug seizures. The very reason there will always be resistance to the common sense step of legalization is that too many people have a vested interest in seeing this “war” go on forever. But don’t forget the next great boondogle. The “war on terror”. It will become the same never ending cash cow right alongside the farcicle “war on drugs”.

jewcowboy

May 20th, 2009
2:29 pm

Why is it Conservatives praise Californians for their brilliance in voting for Prop 8, then turn around and call them daft for their economic decisions?

party pooper

May 20th, 2009
2:35 pm

peter…….how old are you?

Chris Broe

May 20th, 2009
2:46 pm

The Healthcare System is in crisis in Georgia. Federal Funds for Georgia’s Healthcare system wouldn’t help. The problem is underwriting. The insurance lobby passed legislation allowing them to form these umbrella networks of invulnerable subsets of doctors who work in the long gauntlet of therapy choices confronting any cancer patient. They sell these different approaches to chemotherapy like car salesmen. The actual diagnosis and treatment is more of a sales campaign than any scientific criteria match. Defining cancer, it turns out, is an art. If bananas got cancer, then monkeys could diagnose and prescribe. Instead, the CEO’s of Insurance Companies prescribe and diagnose according to some flexible reasonable man ideal and a cost benefit analysis that always ends up with you dead and the doctors blameless in a bunch.

So, the insurance companies set up these impregnable umbrella coverages for doctors in a grouped milieu. Any lawsuit would have to penetrate the mist hiding those gorillas, believe you me.

Consolidation means that they can squash any legal threat fast and with overwhelming resources. If they get found. You have to find the right hole to put the key in first, and that’s nearly impossible.

No, Georgia, when it comes to healthcare, you’re on your own. I love it when Wooten does his best Schwarzenegger, like today. (”arnold may be toast”).

Sam

May 20th, 2009
2:47 pm

jewcowboy I think Prop8 probably got them all warm and fuzzy because it fits their bigoted ideology.

ret

May 20th, 2009
2:53 pm

Republicans have become great entertainment as of late. I actually saw a bumper sticker yesterday touting PALIN 2012. And they wonder why they are sinking like stones.

Get Real

May 20th, 2009
2:54 pm

“Go Shopping!”

-W

Dave

May 20th, 2009
3:07 pm

The voters of California already voted to try to rein in costs… it was called Prop 184 (or 187 or whatever it was) that denied state benefits to illegal aliens (which as of 2004 cost the state $10+ billion/year). But that of course was overturned by an unelected federal judge who said the will of the people didn’t count.

Anyone ever heard of Federalism? Probably not studied much today in the government schools. There’s no Constitutional clause that gives the federal government the ability to bail out a state (or anything like that). Look it up.

Peter

May 20th, 2009
3:09 pm

Hey Party Pooper…….How old are you ?

Go shopping…… funny stuff…….that was George Bush’s answer to the economy……

Spend until you are Broke…. another “Republican Family Value”.

Jackie

May 20th, 2009
3:17 pm

@ RetLTC

I agree with you 100%. Whom are we fighting and what are we protecting?
The Repubs have an extraordinary ability to conflate, extrapolate and obfuscate. They put together these focus groups, come up with talking points and buy into the agenda without realizing they are cutting their own throats.

Ask any Repub what the “war on terror” actually means? Watch the blank looks and repetition of explanation(s).

Billy Bob

May 20th, 2009
3:26 pm

Opium (and it’s offspring, heroin) was legal in the U.S. prior to 1875 or so when local ordinances began outlawing opium dens. Cocaine was legal until outlawed/regulated by the federal Harrison Narcotics Tax Act (1914) where it was used in such venerable products as Coca-Cola.

Not sure why certain drugs are now deemed illegal but the country certainly had an opportunity to protest or institute more drug-favorable legislation earlier in the twentieth century. But they didn’t.

It’s probably the same reason certain other drugs require a prescription and a license to dispense while certain shoulder-fired anti-tank weapons are also verboten in spite of the Second Amendment.

Glenn

May 20th, 2009
3:31 pm

“Facts exist outside the realm of how we feel or what we think about them.”

Thank you.

Thank you.

deegee

May 20th, 2009
3:58 pm

Cut and Paste below from a California Budget Project presentation. Seniors and children are consuming more in benefits than any other demographic group. Those of you that think that emergency rooms are getting clogged with illegal aliens need to think again. Statistics gathered by the CDC show that old people are far more likely to visit an emergency room than young hispanics.

Increased Spending Largely Reflects Demographic and
“Economic Trends – Population growth and inflation push the cost of basic services
higher:

– California’s population grew by 408,695 between January
2008 and January 2009. Since 2000, the state’s population
has increased by 4.4 million, an increase of 13.0 percent.

– Seniors are the fastest-growing segment of the population,
increasing demands on health- and age-dependent
programs.

– Inflation pushes the cost of goods and services purchased
by the state higher. The Consumer Price Index – the most
common measure of inflation – rose by 25.0 percent
between 2000 and 2008.”

Glenn

May 20th, 2009
4:08 pm

deegee,

That you would count from the California Budget Project marks you as green in the extreme.

Glenn

May 20th, 2009
4:10 pm

Hard numbers. Hard numbers. Hard numbers.

Ga Values

May 20th, 2009
4:10 pm

Billy Bob 3:26 pm

Do you think our 2 Socialist Senators are Conservatives? Both voted for TARP, both refuse to sign the no earmark pledge and Saxby works for his son’s clients not Georgia. Are they CONSERVATIVES? If so why?

Glenn

May 20th, 2009
4:20 pm

The thing is, deegee, that in spite of your good intentions (our theirs), the so-called “California Budget Project”–a decidedly leftist and insignificant outlet, by the way–is left to describe the impoverishment it failed to foretell. So screw it.

Leary

May 20th, 2009
4:21 pm

Wow!! Jim, you really have a large liberal following. I’m impressed…

deegee

May 20th, 2009
4:38 pm

ADL

May 20th, 2009
4:46 pm

Hey Munch…munch this!!

Munch

May 20th, 2009
4:51 pm

Glenn,

Do you consider the 2/3 supermajority required to pass budgets and tax increases in California legislature to be a good idea?

WhoaNellie

May 20th, 2009
5:20 pm

Just get all of the illegal aliens to start reporting their income & pay taxes. We will all be in the black.

Glenn

May 20th, 2009
5:37 pm

@Munch,

I’m in favor of the super-majority for increases, but over the years I’ve doubted its efficacy in budgeting. It tends to slow, rather than to improve, the budget process.

@ deegee,

Please refrain from spooling crap to me from the California Budget Project. I know both those women, and they haven’t a thing to teach you or me.

Glenn

May 20th, 2009
5:57 pm

In the hope that this mitght be illustrative, I would observe that, overall, a bit more than half the cost of running California is owing to education, which is poorly and exhorbitantly delivered. How I get to that calculus is, by adding K-12 + Higher Ed + adult ed + an approximation of the education budgets of the remaining agencies, e.g. Corrections, the Youth Authority, Parks, etc. The point is that California, Inc., is bankrupt because of stupid education policy. Were they to think smarter they’d save everyone a lot of money while teaching the learners better.

Were you to ask such as those at the “Budget Project” how this might be done, they’d tell you to go fish. They’ve no idea how they are playing with fire.

@@

May 20th, 2009
9:19 pm

I would hope not, Jim.

The bolts have separated from the nuts in California and they took their money with them.

Resources are mobile.

Gandalf, the White! (!)

May 21st, 2009
8:29 am

Please pick my fruit.

PB&J

May 22nd, 2009
3:58 pm

Republicans love to create fear in Americans rather than educate them. See Bush… See Cheney. As a matter of fact, here another example of Cheney continuing to do the same ole thing… pathetic really. See David Brooks’ (conservative columnist) article on dirt bag Cheney: http://www.nytimes.com/2009/05/22/opinion/22brooks.html?_r=1

JimC

May 23rd, 2009
2:17 pm

Give California back to Mexico. And put a wall around it (not to keep out Mexicans, but to keep them and the overstuffed public employees IN).

JimC

May 23rd, 2009
2:21 pm

By the way, all you leftists posting here seem to be mighty long on opinions and very short on facts and logic. :-)

N.J,

May 28th, 2009
5:52 pm

No, its rather the conservatives who are short on facts and long on opinions. Californias problems can all be traced back to its first public tax cutting initiatives. Certainly these reductions in taxes did not result in the “supply side” revenues they asserted would occur (becaue unlike Reagan they didnt have a payroll tax on tens of millions or workers they could RAISE by one percent to offset the 250 percent tax cut Reagan gave to the wealthy)

Pretty much all of America’s economic problems started with the Reagan tax cuts, and even records from those days indicate that Reagan and Stockman were going nuts waiting to see all those Laffer curve dollars rolling in…however they ignored one end of the curve. The end that shows that taxes can be too low as well as too high.

Same thing occured in California.

The problem is, there really is not enough social spending to cut to get out of the mess. At the federal level, income taxes only amount to 42 percent of government revenues, while total defense obligations, past and present amount to 54 percent of the total budget. Cut EVERYTHING but defense and you would STILL have to raise income taxes to come up with enough to pay for the military and that leaves out the POLICE functions of the federal government.

No matter how you look at it Republican and conservative spending agendas create a rather Rube Golbergesque economic system, that ends up having to borrow from one revenue stream, the various pension trusts funded by payroll taxes, which take in more than they spend on the programs they are designated for, and spending it on areas that are separate from the programs these dedicated taxes were designed to fund.