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Why conservatives should want to bail out California
The Daily Caller ^ | 12/27/10 | Peter Tucci

Posted on 12/27/2010 5:21:08 PM PST by Nachum

It’s looking increasingly likely that California will get bailed out by the federal government. The Golden State is $70 billion in the hole. Analysts expect that figure to reach $150 billion within four years — and that’s not including the state’s $500 billion unfunded pension liability. Spending needs to be cut dramatically, but it won’t be; the state is too politically dysfunctional to do that. And the election of big-spender Jerry Brown will only make things worse. (Incidentally, Governor-elect Brown recently described his state’s budget problems this way: “It is much worse than I thought. I am shocked.”)

Most conservatives are adamantly opposed to bailing out any state, especially California. They argue that Californians in particular don’t deserve a bail out, that a bailout would set a bad example for other states, and that it would cost too much.

But these arguments assume that a bailout of California would come with no strings attached. That may be what ends up happening, but it doesn’t have to. It’s possible to make the bailout contingent on Sacramento making drastic budget cuts and passing constitutional amendments that radically reform the state’s political system.

And the state’s political system is certainly in need of reform. Some ideas: Scaling back the state’s maze of regulations; eliminating some of its hundreds of unnecessary boards and commissions; imposing a real spending cap (the current one is too high to make a difference); laying off state employees; and reducing future pension obligations.

(Excerpt) Read more at dailycaller.com ...


TOPICS: Business/Economy
KEYWORDS: bail; cabudget; california; conservatives; idiocy; out
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Never. The unions, government pensioners, and dirty politicians in Sacra-demened would all be getting a free ride. NOTHING will change if the feds bail us out.
1 posted on 12/27/2010 5:21:12 PM PST by Nachum
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To: Nachum

California is like a drunk - we need to hit rock bottom before we start to rehabilitate.


2 posted on 12/27/2010 5:22:35 PM PST by MeganC (January 20, 2013 - President Sarah Palin)
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To: Nachum
Nothing will change if they get bailed out.

They'll just take it as a green light to spend some more.

3 posted on 12/27/2010 5:22:40 PM PST by E. Pluribus Unum (DEFCON I ALERT: The federal cancer has metastasized. All personnel report to their battle stations.)
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To: Nachum

There won’t be any belt tightening or other reforms. Like every other government do-good project, it will just become another black hole into which politicians will throw taxpayers’ dollars.

And another thing: Most other states are hurting too. Will anyone come and bail out my state when it sinks into bankruptcy? Probably not.

As my mother said, the way you make your bed is the way you lay in it. In other words, you created the situation; you get out of it yourself.


4 posted on 12/27/2010 5:25:02 PM PST by fatnotlazy
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To: Nachum
It’s possible to make the bailout contingent on Sacramento making drastic budget cuts and passing constitutional amendments that radically reform the state’s political system.

I bet this guy believes in Tinkerbell, too.

5 posted on 12/27/2010 5:26:05 PM PST by LibFreeOrDie (Obama promised a gold mine, but will give us the shaft.)
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To: Nachum

I don’t want my own state of Michigan getting bailed out let alone California.


6 posted on 12/27/2010 5:26:15 PM PST by cripplecreek (Remember the River Raisin! (look it up))
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To: Nachum

You just need to read the headline to realize this article was written by a moron.


7 posted on 12/27/2010 5:26:15 PM PST by bwc2221
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To: Nachum

If the GOP bails out California, there is going to be a conservative revolt like never before. Make them increase the taxes on Carl Reiner and the other Hollywood elite. They got them into this mess. Make them dig their way out.


8 posted on 12/27/2010 5:26:37 PM PST by Brilliant
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To: Nachum

I would bail them out under the following conditions.

1. Eliminate any regulations and agencies created after Ronald Reagan left the governorship.

2. Return tax rates to 1974 levels.

3. Decertify all public employees unions.

4. Arrest or close all companies and businesses that hire illegal aliens.

5. Return the California school system to the exact way it way it was in 1974.

This would be start before I would give them a penny.


9 posted on 12/27/2010 5:26:42 PM PST by Patrick1 (I'm a soldier of good fortune, I'm guarding the Yucatan.)
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To: MeganC

“It’s possible to make the bailout contingent on Sacramento making drastic budget cuts and passing constitutional amendments that radically reform the state’s political system.”

Put all of the California politicians in jail with Madoff, and then we can talk.


10 posted on 12/27/2010 5:28:20 PM PST by Brilliant
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To: Patrick1

The liberals in Kaulifornia would probably opt for mass suicide before accepting one of those conditions. Fine by me. They weren’t important people anyway.


11 posted on 12/27/2010 5:30:12 PM PST by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: Nachum
Bailout = license of states to spend anything because they are "too big to fail."

I'm opposed to any bailouts of governmental entities, even if it's Northfield Township here, or nearby Ann Arbor close to home.

12 posted on 12/27/2010 5:30:25 PM PST by Darren McCarty (Michigan's Supreme Court - Once again, it is best in the country.)
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To: Nachum
Why conservatives should want to bail out California

I cannot think of a single reason why we would want to bail out that bunch of big-government, elitist, socialists. I'm referring to the leadership, I realize there are some conservatives marooned in CA.

I say let them crash, badly. The harder the better. I want their utter failure to be an object lesson to the rest of the Country.

13 posted on 12/27/2010 5:31:07 PM PST by ThunderSleeps (Stop obama now! Stop the hussein - insane agenda!)
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To: Nachum

Right.

And we can end drug addiction by give junkies their fixes.

And we can end alcoholism by offering drunks free booze.


14 posted on 12/27/2010 5:31:33 PM PST by Tzimisce (It's just another day in Obamaland.)
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To: Patrick1

You left out a couple of things.

1. All publicly funded pensions must be halted. No pension contributions to any public employee by the state of California.

2. All public employees must earn wages that are equal or less than the private sector. Wages must be adjusted BEFORE any contributions are made to the California budget by the federal government.


15 posted on 12/27/2010 5:33:30 PM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: Patrick1
I would add: Close the border, defund aid to illegal adults, and make affiliation with gangs a capital offense.
16 posted on 12/27/2010 5:33:43 PM PST by Othniel (There is no god named Allah, and Mohammed is its false prophet.)
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To: Nachum

Hey California!

“Learn to swim, I’ll see you down in Arizona bay.”


17 posted on 12/27/2010 5:34:25 PM PST by Incorrigible (If I lead, follow me; If I pause, push me; If I retreat, kill me.)
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To: MeganC
California is like a drunk - we need to hit rock bottom before we start to rehabilitate.

To continue with your metaphor, the GOP is like a great enabling abused spouse. They will vote to bail out Califa just to be able to go on TV, wag their fingers and announce they have imposed new controls. Any doubts after the lame duck compromise?

18 posted on 12/27/2010 5:35:15 PM PST by kbennkc (For those who have fought for it freedom has a flavor the protected will never know .F Trp 8th Cav)
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To: Nachum

Bail out California or wipe the First Lady’s a** with my bare hand.
Gee, that’s a tough one. I’ll have to think about it...


19 posted on 12/27/2010 5:37:55 PM PST by tumblindice (How come so many lesbian Democrats are named `Janet'?)
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To: E. Pluribus Unum

A better article would be titled “Why liberals should not want to bail out California.”

California is one of the richest States in the union. Liberal Californians are always complaining that taxes are too low.

Well, stop whining and increase them in California to pay your debts. Increase taxes on the rich. You’ve got lots of rich to tax. Tax them til they scream. I don’t see any reason why poor people in Mississippi should be paying higher taxes to bail out a rich State like California. It’s not progressive. It’s immoral.


20 posted on 12/27/2010 5:38:49 PM PST by Brilliant
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To: Nachum

“It’s looking increasingly likely that California will get bailed out by the federal government.”

####

Clear grounds for secession.


21 posted on 12/27/2010 5:39:37 PM PST by EyeGuy (RaceMarxist Obama: The Politics of Vengeance)
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To: Nachum

Let it die.


22 posted on 12/27/2010 5:39:37 PM PST by PzLdr ("The Emperor is not as forgiving as I am" - Darth Vader)
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To: wally_bert
The liberals in Kaulifornia would probably opt for mass suicide before accepting one of those conditions.

They'll accept them to get the money. They'll lie through their teeth about actually complying with them. There's no deal you can make with them they'll be able to hold up their end of. They don't know how.

23 posted on 12/27/2010 5:39:46 PM PST by tacticalogic
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To: Nachum
And the state’s political system is certainly in need of reform. Some ideas: Scaling back the state’s maze of regulations; eliminating some of its hundreds of unnecessary boards and commissions; imposing a real spending cap (the current one is too high to make a difference); laying off state employees; and reducing future pension obligations.

I think we should sell California to the Chinese as a start in buying down our debt.

In general, they are both socialist commies and would get along okay.

24 posted on 12/27/2010 5:41:26 PM PST by EGPWS (Trust in God, question everyone else)
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To: Nachum
Just watch, it will be "Bail us out of the mess we've got now and we'll fix it." Just like "Give us this one amnesty program, and then we'll secure the border".

As soon as they've got the money, kiss it goodbye along with whatever they promised in exchange.

25 posted on 12/27/2010 5:45:25 PM PST by tacticalogic
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To: Nachum

Conservatives in Kalifornia are against all bailouts!

This state MUST learn it’s lessons the hard way!


26 posted on 12/27/2010 5:47:56 PM PST by Randy Larsen ( BTW, If I offend you! Please let me know, I may want to offend you again!(FR #1690))
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To: tumblindice
Bail out California or wipe the First Lady’s a** with my bare hand.

That isn't a choice that is compatible with a society based upon personal freedoms.

That is a choosing of sentencing for hard core criminal actions.

27 posted on 12/27/2010 5:49:21 PM PST by EGPWS (Trust in God, question everyone else)
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To: tacticalogic

Another thing to tack on for their acceptance would be the numerous buried neutron bombs throughout the state that will be set off accordingly when the terms of the bailout are violated.


28 posted on 12/27/2010 5:49:30 PM PST by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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Comment #29 Removed by Moderator

To: ThunderSleeps

As a marooned conservative in CA, I AGREE!!

The liberals need to be taught a lesson: MONEY DOES NOT GROW ON TREES!!!!

And let Brown sink with the state, the fools voted for him, they can reap the consequences.


30 posted on 12/27/2010 5:50:58 PM PST by TruthConquers (Delendae sunt publicae scholae)
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To: wally_bert
Another thing to tack on for their acceptance would be the numerous buried neutron bombs throughout the state that will be set off accordingly when the terms of the bailout are violated.

They'd dig them up and give them to Al- Qaida.

31 posted on 12/27/2010 5:52:11 PM PST by tacticalogic
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To: Nachum

Dear CA, we have received your request for funds to cover your indebtedness. DENIED.


32 posted on 12/27/2010 5:53:11 PM PST by JPG (There is hope for America and her name is Sarah.)
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To: Nachum

Didn’t California boycott Arizona for SB1070? Why should we want to bail them out again? So we can force them to lie to us? I don’t think so.


33 posted on 12/27/2010 5:54:53 PM PST by RC one (WHAT!!!!)
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To: Nachum

Bailing out CA is GM-UAW bailout x 1000

Let CA go bankrupt.


34 posted on 12/27/2010 5:57:05 PM PST by y6162
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To: Nachum

If I was king of the world i would tell california if they even hint at asking for a bailout, they will lose their statehood and be made a territory and be charged ten billion dollars for the paperwork. non payment will result in the california territory being auctioned off to the highest bidder. I would consider trading straight up for Alberta if canada is interested.


35 posted on 12/27/2010 6:01:19 PM PST by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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To: Nachum
Why conservatives should want to bail out California

BS. This conservative has not even the remotest desire to bail out California. They made their bed, now they can lie in it. As a taxpayer, I do not want a single taxpayer dollar to go towards rewarding the irresponsibility, malfeasance, and downright stupidity of California politicians and the idiot California voters who continue to elect them for office in light of their repeated failures.

Bail out California?

HELL NO!!!

And just to let you know, I no longer purchase California produce. I will go out of my way to purchase Mexican tomatoes just so I don't put a dime into California. If they are stupid enough to re-elect Jerry Brown and Barbara Boxer, they don't deserve my business. Let them rot. And let their elitist liberal tax-avoiding bond holders rot as well. Screw 'em. Have I made my point?

36 posted on 12/27/2010 6:02:29 PM PST by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
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To: cripplecreek

As bad as it is here in Michigan, at least we elected a RINO governor and a Republican legislature.


37 posted on 12/27/2010 6:04:12 PM PST by bwc2221
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To: EGPWS; All

That was really rude of me, sorry. I’m not feeling at all well. Signing off to put my head down.


38 posted on 12/27/2010 6:04:14 PM PST by tumblindice (Baby made a boom-boom)
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To: Nachum
It’s possible to make the bailout contingent on Sacramento making drastic budget cuts and passing constitutional amendments that radically reform the state’s political system.

This will happen anyway if they don't get bailed out.

39 posted on 12/27/2010 6:04:56 PM PST by Vince Ferrer
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To: EGPWS

Northern California is already owned by the Chinese!! Just go in to any Costco.


40 posted on 12/27/2010 6:06:03 PM PST by Calif4Palin (Proud Moose head....)
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To: Nachum

I am a conservative and a Californian. I do NOT want the federal government bailing this state out.


41 posted on 12/27/2010 6:06:17 PM PST by ZirconEncrustedTweezers (Attn. GOP: Deliver the goods, or we'll do to you what we did to the Dems!)
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To: Nachum

attaching strings to crack doesn’t end crack addictions - it just teaches junkies how to use scissors.


42 posted on 12/27/2010 6:06:38 PM PST by vbmoneyspender
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To: Nachum
Peter Tucci has no idea what a Conservative is. Bail outs, especially with strings attached is against everything we believe. The only true correction with Cali will come at the end of it's full destruction. Rebuild it from scratch. Peter you are a progressive hack and a child.


43 posted on 12/27/2010 6:12:38 PM PST by Lazlo in PA (Now living in a newly minted Red State.)
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To: vbmoneyspender

I may not be the brightest, but what would happen if all those pension funds weren’t able to pay those exorbitant figures and they said “Screw you, we can’t afford it” and they stopped paying them. What would they do, sue the State and if they did, where exactly would the money come from if it’s broke?

Put me out of my misery and tell me why it couldn’t happen.


44 posted on 12/27/2010 6:12:46 PM PST by Never2baCrat
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To: Patrick1

6. California is immediately a “shall issue” state. No excuses.


45 posted on 12/27/2010 6:13:05 PM PST by rickb308 (Nothing good ever came from someone yelling Allah Snackbar)
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To: E. Pluribus Unum

I dont want the government’s money for CA - its like drugs for a junkie.


46 posted on 12/27/2010 6:13:40 PM PST by skeeter
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To: Nachum

Bail out a state that spent 1/2 billion dollars to build a high school? Cold day in hell!


47 posted on 12/27/2010 6:19:54 PM PST by GregoryFul (Obama - Jim Jones redux)
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To: Nachum

Bo NOT bail us out! How will our leaders LEARN? This is basic psychology.


48 posted on 12/27/2010 6:23:37 PM PST by moodyskeptic (Cultural warrior with a keyboard)
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To: Nachum
It's a silly idea.

Even IF we were able to come to terms, nobody would ever enforce them. CA would spend the money then look for more...with no intention of ever enacting the harsh medicine.

Not. One. Penny.

49 posted on 12/27/2010 6:26:14 PM PST by Mariner (USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
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To: Nachum

Being fiscally responsible means saying no...PERIOD.

If they bailout CA...watch TX ditch the union.


50 posted on 12/27/2010 6:29:50 PM PST by surfer (To err is human, to really foul things up takes a Democrat, don't expect the GOP to have the answer!)
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