Governor (Davis-CA) asks budget panel to find $1 billion more

Sacramento Bee ^ | 6/17/02 | Alexa Haussler

[c-b 1]

It is not just Demorats, RINO Governor Jane Hull has done a pretty good job of spending Arizona into a big defecit.

[snopercod]

Davis asked for the additional rainy day funds to help the state persuade Wall Street investors and credit rating agencies that California can pay back its loans and sell bonds.

Translation: Wall Street investors told Davis that there was no way in hell that they would be loaning California any money unless it got it's fiscal house in order.

[Liz]

I see GraYouT Davi$ pictures these days and think Leslie Nielsen is actually Governor ...

LOL. Or maybe Nielsen in the Mr Magoo character. Can't see his nose in front of his face.

[randita]

I like the phrase the author used: "To help the state persuade Wall Street investors...".

I guess that means the persuading done up to this point hasn't been very effective. i'm surprised that Wall Street would be satisfied with only $1 billion more considering the mountain of debt CA faces. What a slap in the face that one of the richest states in the nation can't get the trust of Wall Street.

[Angelique]

I am going to have to go back and research it, but this guy plays the numbers as though he was at the track. I wish I had paid more attention in developing a chronology. Do either of you have one? He could be nailed, big time. He appears to suffer amnesia.

[eureka!]

Re#13 Yep. And the people pay, and those responsible are not ever held to account. *sigh*

[eureka!]

"Sounds like Maine......"

And yet, the big spenders keep on spending and getting elected. At some point, the sheeple have got to say enough. Not holding my breath though...

[eureka!]

"It's been a bad news Monday for Davis. Usually this stuff comes out late Friday pm or Saturday Morning to be buried in the Weekend back sections where the cheap ads are because of low readership."

True. The question is why? Even the SF Chronicle has hammered Grayout. I guess the presstitutes figure it will be "old news" come November. The good thing is that even though the news may be old, the constant rain will keep Grayout's negatives high. Though I do not want to see the innocent suffer, the future of what is a beautiful state is at stake and a heatwave or two and then a couple of rolling blackouts could help those negatives go even higher...

[Grampa Dave]

You have answer about the so called "hammering" of Herr Davis up to yesterday.

You posted, "Even the SF Chronicle has hammered Grayout. I guess the presstitutes figure it will be "old news" come November."

This is classic Clintoonian/Rat damage control by the Rat in trouble and his buddies in the media. They publish/print a story that doesn't go into much detail on late Friday or Saturday. Then, they put the story in a section that will not get much reader notice.

Then, they can say, that "The GayRhonicle is not biased ,and we printed all these stories and nothing happened. So it was not important and old news.

Compare that to Watergate that is still pushed by the cables re the movies and so called documentaries. Just last night my wife while scanning the Dish menu for something to watch, noticed and commented that there were 3 different shows on Watergate. She wanted to know why. I said to distract from the Rats in trouble today.

During the impeachment fiasco, more Watergate stuff and pictures of Newt were dragged out to enrage the drugged out Rat voting cult members to distract them from the reality of the Moniker Licker and his situation. It worked!

[Grampa Dave]

Unfortunately the vice squad is the rat legislature and the Rat co criminal Kali Attorney General, so nothing will be done to the Junk Bond Hawker Davis!

[eureka!]

Re#29 Spot on.

[Destructor]

At what point will the people of California realize that they would be better off without Gray-out Davis as their Governor?

[Ernest_at_the_Beach]

We may have an answer in November.

It will likely depend upon when the Leftist Media makes the decision that they would be better off with Simon !

[Gophack]

At what point will the people of California realize that they would be better off without Gray-out Davis as their Governor?

They do. Davis is down 1 to 9 points in the polls, depending on which one you're looking at. And Davis' campaign hasn't released any numbers to discredit these numbers. In fact, Salazar simply said "Davis is up by single-digits" Methinks the single-digits are within the margin of error ... Davis is in BIG trouble, that's why he's trying to draw Simon into an early air battle. I'm glad Simon and his team aren't being duped into playing ... let Davis' numbers keep plummeting, and then take him out with a one-two punch.

[Liz]

Hope the "Vice Squad" is on-duty.

Unfortunately the vice squad is the rat legislature and the Rat co criminal
Kali Attorney General, so nothing will be done to the Junk Bond Hawker Davis!

Oops. I agree, Gramps. I forgot to add (sarcasm off) to my post.

[Grampa Dave]

I know that you left your sarcasm tag off. We conservatives have the auto sarcasm tag when it comes to anything we post about the wretched Davis. I leave mine off all the time.

[Robert357]

Translation: Wall Street investors told Davis that there was no way in hell that they would be loaning California any money unless it got it's fiscal house in order.

I would concur with your translation. I am surprised that we have not heard publicly more of the concerns of Wall Street in the debates on the budget.

It would be interesting to see what kind of interest penalties California is paying right now because the leadership (democrats) do not have a prudent financial plan in place.

[Robert357]

Reality is a harsh master for democrats to deal with. No amount of caring or handwringing can overcome reality.

[Robert357]

A busy news day and too much real work. Yes, it is interesting seeing Davis as the "protector of California's credit rating." I don't believe it for a moment. I think that snopercod's translation is good in that Davis has been told what he must do. He is just trying to spin it as protecting the credit. Wall Street will protect themselves.

[Grampa Dave]

They only meet reality when the battle goes to an arena like Wall Street. Their their 24/7 Bravo Sierra doesn't fly. Their agendas for being pro abortion and gay rights have zero impact on the reality of Wall Street and the reality of the Bond Market. The massiver PR spin that they have purchased via the media, and the 24/7 free PR spin from the left wing media again have zero impact in the reality of Wall Street and the Bond Market!