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CA: Selling delay
Sac Bee ^ | 12/2/03 | Op/Ed

Posted on 12/02/2003 11:18:22 AM PST by NormsRevenge

Edited on 04/12/2004 6:01:52 PM PDT by Jim Robinson. [history]

Gov. Arnold Schwarzenegger is back on the campaign trail again this week, selling for his bonds plan. After five years of Gray Davis, who governed by holding his finger to the wind, it's good to see a governor out trying to build support for his program. The problem is that what Schwarzenegger is pushing isn't worth fighting for.


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


TOPICS: Business/Economy; Culture/Society; Editorial; Government; Politics/Elections; US: California
KEYWORDS: bond; calgov2002; catrans; delay; gopbigspender; kingpete; kingrepete; knife; schwarzenegger; selling

1 posted on 12/02/2003 11:18:22 AM PST by NormsRevenge
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To: *calgov2002
.
2 posted on 12/02/2003 11:18:38 AM PST by NormsRevenge (Semper Fi)
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To: NormsRevenge; Carry_Okie; forester; sasquatch; B4Ranch; SierraWasp; hedgetrimmer; christie; ...
The short list.
3 posted on 12/02/2003 11:22:44 AM PST by farmfriend ( Isaiah 55:10,11)
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To: NormsRevenge
Schwarzenegger has linked his pass-the-buck bonds to a second proposal, which would place before voters in March a constitutional revision that would alter the state's existing spending cap in ways that would remove California's budget flexibility and invest the governor with virtually unlimited power.

What is this second proposal?

I thought the Sac Bee was in favor of more spending and taxing?

Guess I was just confused!

4 posted on 12/02/2003 11:26:26 AM PST by Ernest_at_the_Beach (Davis is now out of Arnoold's Office , Bout Time!!!!)
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To: Ernest_at_the_Beach
I hear ya. So much stuff flying thru the air lately, I can't separate the manure from the substance. ;-)
5 posted on 12/02/2003 11:35:36 AM PST by NormsRevenge (Semper Fi)
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To: farmfriend
BTT!!!!!!
6 posted on 12/02/2003 11:54:16 AM PST by E.G.C.
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To: NormsRevenge; SierraWasp
Apart from the $1.9 billion worth of midyear cuts in transportation, health, higher education, developmental services Schwarzenegger proposed last week, the new governor hasn't yet engaged in the real work he was elected to do. It is on framing and selling those kinds of hard choices, ones that bring the budget toward balance, that Schwarzenegger should be using his communication skills.

THIS from the Sacramento Bee? What the hell are they bitching about, a lack of targets?

I almost choked on my coffee. It must be a slow news day.

7 posted on 12/02/2003 2:21:41 PM PST by Carry_Okie (The environment is too complex and too important to manage by politics.)
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To: NormsRevenge
Have you heard anything about how taxes are flowing to Sac these day. In talking to a few local merchants and shoppers here in Eureka, Friday was a great day but Sat, Sun and Mon were weak...
8 posted on 12/02/2003 3:36:46 PM PST by tubebender (FReeRepublic...How bad have you got it...)
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To: Ernest_at_the_Beach
a constitutional revision that would alter the state's existing spending cap in ways that would remove California's budget flexibility and invest the governor with virtually unlimited power.

Not exactly. The authorization Schwarzenegger seeks would allow the governor, under certain circumstances, in collusion with a minority in the legislature, to control the budget process.

Seems ideal under the present composition of the executive and the legislature save for two obvious problems.

1) It violates the seperation of powers and

2) This extrodinary arrangement would be available to all governors.

9 posted on 12/02/2003 7:13:24 PM PST by Amerigomag
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To: Carry_Okie; NormsRevenge; Ernest_at_the_Beach; dalereed; snopercod; farmfriend
Aw they're just chimin in with their buddy Angelides who, unlike a few of us here, is campaigning against the bond deal as if it was different from all his recent bondage deals.

We need to give the BEE a new nickname like, The Sacramento "Bizzare" BEE!!! Or, The Sacramento "Buzzard!"

They're just pist that the bond will be remembered for 20 years to memorialize the desperate abject failure of their Democrap buddies running amok with no restraints by "Done-for Davis!" (The recycled Jerry Brown maladministration with an empty blue shirt instead of a blue 1957 Plymouth)

10 posted on 12/02/2003 7:46:04 PM PST by SierraWasp (Recent studies indicate that everyday traffic is 4 times more deadly than combat has ever been!!!)
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To: SierraWasp
recent bondage deals

Hahahaha. Ok, I know I'm in the gutter.

We need to give the BEE a new nickname

I have always liked mine. The Sacramento Bee liberal.

11 posted on 12/02/2003 7:48:43 PM PST by farmfriend ( Isaiah 55:10,11)
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To: SierraWasp
I don't know how you missed it:

The Sacramento BeeZarre!
12 posted on 12/02/2003 7:57:21 PM PST by Carry_Okie (The environment is too complex and too important to manage by politics.)
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To: NormsRevenge
Sometimes you gotta do something to hold the creditors at bay and then start working on correcting your core problems.
13 posted on 12/02/2003 7:58:16 PM PST by gitmo (Stability cannot be purchased at the expense of liberty. -GWB)
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To: NormsRevenge
Gee, the Sac Bee is a little short on specifics for their plan. Plenty of whining, little solution.
14 posted on 12/02/2003 8:02:03 PM PST by BookmanTheJanitor
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To: farmfriend; Carry_Okie
Well... farmfriend, I like your's, but, I'ma gonna hafta give it up fer C.O.'s "Sacreamenna BEEZARRE!" (I sexed it up a little futha with a new spellin of the crapitol city's naime.)

Hey Mark! Yer onna roll tanite!!!

Hay Farmerfriend, we hain't tawlkin S&M hehyar, Arnold ain't tryin ta hancuff the taxpayers to the bedpost, is he? BOHICA, right? (grumble, grumble, gripe, gripe)

I see the BEE also picked up on the old Pete Wilson initiative that flunked. They're tryin ta say this is the Wilson administrayshun, redux, too. I'll give 'em that one.

15 posted on 12/02/2003 8:09:53 PM PST by SierraWasp (Recent studies indicate that everyday traffic is 4 times more deadly than combat has ever been!!!)
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To: SierraWasp; Carry_Okie
I'ma gonna hafta give it up fer C.O.'s

Well he does have a way with words I can't compete with.

Hey I have found a flaw in this spell checker program. I'll have to tell John I guess.

16 posted on 12/02/2003 8:14:45 PM PST by farmfriend ( Isaiah 55:10,11)
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To: BookmanTheJanitor
They're bitching because Arnold hasn't supplied them any real cuts so that they can go interview the "victims."

They're baiting him.
17 posted on 12/02/2003 8:14:54 PM PST by Carry_Okie (The environment is too complex and too important to manage by politics.)
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To: Carry_Okie
Exactly, Sac Bee ask for cuts, Arnold announces cuts, Sac Bee declares Arnold evil for proposing cuts.
18 posted on 12/02/2003 8:17:00 PM PST by BookmanTheJanitor
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To: BookmanTheJanitor; NormsRevenge; SierraWasp; Carry_Okie; farmfriend; Amerigomag
Exactly, Sac Bee ask for cuts, Arnold announces cuts, Sac Bee declares Arnold evil for proposing cuts.

Now how is that fair!

19 posted on 12/02/2003 8:25:26 PM PST by Ernest_at_the_Beach (Davis is now out of Arnoold's Office , Bout Time!!!!)
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Should be :

Now how is that fair???

20 posted on 12/02/2003 8:26:16 PM PST by Ernest_at_the_Beach (Davis is now out of Arnoold's Office , Bout Time!!!!)
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To: Ernest_at_the_Beach; SierraWasp; Carry_Okie
Now how is that fair!

It's not fair, it's "Sacramento BEEZARRE"! Hahahaha!

21 posted on 12/02/2003 8:28:02 PM PST by farmfriend ( Isaiah 55:10,11)
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To: Ernest_at_the_Beach; Avoiding_Sulla; SierraWasp; ambrose
Now how is that fair???

Maybe we need a FareOpinion?

22 posted on 12/02/2003 8:38:19 PM PST by Carry_Okie (The environment is too complex and too important to manage by politics.)
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To: NormsRevenge
Just posted this:

CA: Bipartisan Budget Reserve And Spending Limit Introduced ( Nov 20 2003 )

23 posted on 12/02/2003 9:01:03 PM PST by Ernest_at_the_Beach (Davis is now out of Arnoold's Office , Bout Time!!!!)
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Schwarzenegger has linked his pass-the-buck bonds to a second proposal, which would place before voters in March a constitutional revision that would alter the state's existing spending cap in ways that would remove California's budget flexibility and invest the governor with virtually unlimited power.

See the link above for the second proposal!

24 posted on 12/02/2003 9:02:28 PM PST by Ernest_at_the_Beach (Davis is now out of Arnoold's Office , Bout Time!!!!)
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To: gitmo
Sometimes you gotta do something to hold the creditors at bay

Sounds good and even logical until you identify the main class of creditors. In this case they aren't the commercial vendors or the bondholders or the bankers or even it's present employees.

They are the entitled recently classes. The young, the poor, the ill, the elderly, the state retiree, the illegal resident.

California has more than enough cash flow to pay it's vendors, it's bond holders, it's accuring interest on it's debt, its employees and even to reimburse it's retirees for the cash they placed in their retirement accounts. In a word, even under the present circumstances, California is solvent if measured as a commercial enterprise.

It simply doesn't have the cash to sustain the recently entitled classes.

25 posted on 12/02/2003 9:06:13 PM PST by Amerigomag
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To: Carry_Okie
Maybe we need a FareOpinion?
26 posted on 12/02/2003 11:57:24 PM PST by Avoiding_Sulla (You can't see where we're going when you don't look where we've been.)
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To: Amerigomag
I guess in the case of a state, the entitlements to the recently entitled are comparable to expenses. You are still obligated until you can change the law. In the meantime, you still gotta pay the bills.
27 posted on 12/03/2003 7:14:03 PM PST by gitmo (Stability cannot be purchased at the expense of liberty. -GWB)
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