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Governor: State stands at cliff's edge - Schwarzenegger campaigns for budget rescue
LA Daily News ^ | 4/8/09 | Rick Orlov

Posted on 04/08/2009 8:46:59 PM PDT by NormsRevenge

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To: calcowgirl
See post 58.

I think that's where we're going.

61 posted on 04/09/2009 9:32:22 AM PDT by Carry_Okie (It's time to waterboard that teleprompter and find out what it knows.)
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To: AmericanSphinx71
Everyone in the sate just assumes Arnold is a Democrat now

Yeah, Arnold's sick charade ended long ago. Anybody who still considers Arnold a "Republican" has their head up their behind.

62 posted on 04/09/2009 9:37:38 AM PDT by Lancey Howard
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To: calcowgirl; Amerigomag
Actually, I think this is an element of a brilliant strategy, one designed to keep Democrats in power forever.

  1. Find a prosperous state with lots of real estate to develop.
  2. Regulate producers so that they can't make money on their land.
  3. Force them into selling it.
  4. Chase wealthy liberals out of where they live with high taxes.
  5. Overtake said rural state and change the laws to liberalism.
  6. The resulting influx of losers overwhelms said state. State buys debt from banksters it cannot pay.
  7. Come in with high taxes after bankruptcy to pay said creditors.
  8. Repeat ad nauseum.
California, New Mexico, Colorado, and now Arizona, ALL have been taken over with this strategy. The result is to take over conservative states with low populations to own the Senate. Then treaties bring the final shackles to global governance.
63 posted on 04/09/2009 9:40:01 AM PDT by Carry_Okie (It's time to waterboard that teleprompter and find out what it knows.)
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To: calcowgirl

Listen, I’m not an Arnie apologist. I despise the guy as much as I do any witless, destructive, liberal politician.

You and I just have differing recalls about what he attempted to accomplish in his first days in office.

From what I recall, he started off with every intention of bringing some sanity back to Sacramento, but soon caved in to the non-stop pressures of the leftist moonbat establishment.

He’s now fully re-aligned as little more than a liberal Democrat governor with an R behind his name. Arnold is worse than a failure. He’s a disaster.


64 posted on 04/09/2009 9:40:40 AM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: NormsRevenge

65 posted on 04/09/2009 9:44:32 AM PDT by Lancey Howard
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To: calcowgirl

Not to mention that their pension and health benefits are better than mine! They get to bank all of their unused sick time and apply it towards their pension calculation whereas I lose whatever I don’t use. And they get every stinkin’ holiday off that the gov’t so gratiously affords them. Having at one time when the kids were younger make me take days off of my job to stay home with my kids so they can enjoy their holiday.

I have no love left to give!


66 posted on 04/09/2009 9:54:21 AM PDT by Always Independent
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To: NormsRevenge
"The cost of inaction is letting California go off the cliff. We still have all those contracts to honor and a federal receiver could come in, and no one wants that," said Assembly Minority Leader Mike Villines, R-Fresno.

Not that I think the feds can do a better job, but can receivership really be any worse than things are now? The best option would be for the state to go the way of Vallejo, CA, and declare bankruptcy, but under Chapter 9, I think only municipalities, counties, etc. can declare BK, not the state itself. Of course that's not going to happen. If CA does go into federal receivership would the receiver have the ability to break the union contracts and cut spending on state services to more reasonable levels?

67 posted on 04/09/2009 9:59:37 AM PDT by crushkerry
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To: Carry_Okie
I've said for years now that Schwarzenegger's fiscal policies [massive spending and borrowing, senior debt positions, etc.] appear designed to push us into some form of bankruptcy, probably turning over the state to a set of Bondholders who get to "restructure" the finances [and divvy up the assets like they did in Orange County]. I assume many of those bonds carry terms placing them in a senior position for liquidation, subordinating everything else. What is the basis of the "federal receiver" theory?
68 posted on 04/09/2009 10:12:05 AM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: Carry_Okie

Yep! That’s a pretty good summary of the planned path to destruction.

I haven’t looked at the numbers, but I think the State backing bonds issued by local governments is also going to play into the implosion. If just one county goes belly, it makes the problem worse and spreads the blame.

Of course, Milken and his boys raiding CalPERS is an obvious contributor, too.


69 posted on 04/09/2009 10:16:57 AM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: Windflier
You and I just have differing recalls about what he attempted to accomplish in his first days in office.

Whatever.

If you could recall anything other than "they were good props" I would happy to refute your assertion that they would have made anything better, point by point. Unfortunately, you cannot/will not do that so there is little reason to discuss the issue.

He’s now fully re-aligned as little more than a liberal Democrat governor with an R behind his name.

If you looked at his actions, going all the way back to Prop 49 (before he was elected), his environmental platform (published before he was elected), his public comments about his father-in-law, and many other things, you would find that he was always aligned with the liberal Democrats. Now he is just more honest about it -- but still refuses to remove the "R" from next to his name.

Arnold is worse than a failure. He’s a disaster.

Agreed.

70 posted on 04/09/2009 10:22:53 AM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: calcowgirl
I've said for years now that Schwarzenegger's fiscal policies [massive spending and borrowing, senior debt positions, etc.] appear designed to push us into some form of bankruptcy, probably turning over the state to a set of Bondholders who get to "restructure" the finances [and divvy up the assets like they did in Orange County].

Yep. Been there too. It'll be analogous to carving up the old Soviet Union.

What is the basis of the "federal receiver" theory?

What happens when a State goes bankrupt? The creditors sue, in Federal court. Are there laws regarding the procedure? If there aren't Chris Dodd et al. will produce one in a heartbeat. Whether a judge will be assigned or a board convened, it will be Obama who picks the people to pick the carcass. That's all I'm saying.

Accordingly, I'm making the point that the standard wish, that the State goes insolvent to stop its spending spree, will carry a nasty backlash because all of the parties involved in the "restructuring" will want more. It's a bottomless pit. Doesn't that suck?

71 posted on 04/09/2009 10:24:56 AM PDT by Carry_Okie (It's time to waterboard that teleprompter and find out what it knows.)
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To: Windflier
From what I recall, he started off with every intention of bringing some sanity back to Sacramento, but soon caved in to the non-stop pressures of the leftist moonbat establishment.

That was the pitch. He was lying.

72 posted on 04/09/2009 10:26:32 AM PDT by Carry_Okie (It's time to waterboard that teleprompter and find out what it knows.)
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To: Always Independent; Carry_Okie
I want State employees to get good (competitive) salaries and benefits. I want the State to be able to attract and retain competent, happy employees. In fact, I want them to be not only qualified, but highly efficient. That said, I think there should be a lot FEWER of them! Benefits and salaries have grown in State government while private employers have scaled back. There is no legal reason that they can't make changes to the State pension plans on a prospective basis. Changing the base salary for pension calculations (as you mentioned) is just one change they could make. But I don't think they want to fix it... I think they want it to implode as they push the state into insolvency. (see the other posts by Carry_Okie on this thread).
73 posted on 04/09/2009 10:30:15 AM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: Tublecane
..or simply stop producing as much as they used to.

Shrugging works. In my case, my customers can't come up with money or contracts. I'm considering alternative employment that pays almost $40K less annually to keep the bills paid. It's not an act of voluntary shrugging. Just a survival tactic.

74 posted on 04/09/2009 10:34:58 AM PDT by Myrddin
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To: Carry_Okie; SierraWasp; Liz
What happens when a State goes bankrupt? The creditors sue, in Federal court. ...

Thanks. I also noticed (after posting) that Villines is quoted in the article mentioning federal receivership. Has any State gone completely belly-up before? I know NY got a massive bailout/Loan a few years back. But Schwarzenegger has taken us beyond a cash crisis -- he's literally bled every artery dry.

It's a bottomless pit. Doesn't that suck?

Yep. Is it SW that talks of sucking "canal water" In this case, I'm thinking "sewer."

75 posted on 04/09/2009 10:36:39 AM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: calcowgirl
If you looked at his actions, going all the way back....you would find that he was always aligned with the liberal Democrats.

Part of the reason that Arnold was elected, is that most California conservatives and Republicans had never paid close attention to his politics prior to the recall election, and had scant data about his actual record on the issues.

Like most conservatives in the state, I felt squeezed between wanting a real conservative for governor (Tom McClintock), and fearing a win by the liberal lieutenant governor, Cruz Bustamante, so I reluctantly gave my vote to Arnold.

I learned a valuable lesson in that election, in that when faced with the pressure to give your vote to a RINO, or lose an election to a committed liberal, it's probably better to vote your conscience and go down swinging.

If the RINO wins, he or she will likely do the same damage as the liberal, but our side will be (rightfully) blamed for it. The people still won't become educated to the fact that it's liberal policies that don't work. Even worse, they'll be more likely to vote in a liberal in the next election to "fix" the damage caused by "that Republican".

In many ways, George Bush is responsible for Obama winning the Presidency because he did not govern conservatively. If he had, the Democrats would never have taken Congress in 2006, and they wouldn't have stood a chance at re-taking the White House in 2008.

76 posted on 04/09/2009 10:42:51 AM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Windflier
In many ways, George Bush is responsible for Obama winning the Presidency because he did not govern conservatively.

You can substitute any number of names for "Bush," including his father, Nixon-Ford, Wilson, Eisenhower... ALL of whom were followed by Democrats.

77 posted on 04/09/2009 10:46:04 AM PDT by Carry_Okie (It's time to waterboard that teleprompter and find out what it knows.)
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To: calcowgirl

Many canals used to be used for sewage and still are in Tijuana!!!


78 posted on 04/09/2009 10:53:02 AM PDT by SierraWasp (Galloping suffocating American Socialism stinks like BO!!!)
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To: NormsRevenge
Schwarzenegger said. "When you get down to it and people say we should legalize marijuana, allow oil drilling or sell San Quentin, it is a ridiculous notion."

You're going to equate drilling for oil with selling San Quentin and leaglizing marijuana? You dumb*ss!

Drilling for oil would pretty much make CA solvent again w/o raising taxes. But ohhh noooo, we have to make the "greenies" happy and bankrupt the state. What a maroon!

Oh yeah....me? I'm voting no on all of 'em!

79 posted on 04/09/2009 10:59:41 AM PDT by CAluvdubya (WASS-----FUBO----O.B.A.M.A.!)
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To: Carry_Okie
You can substitute any number of names for "Bush," including his father, Nixon-Ford, Wilson, Eisenhower... ALL of whom were followed by Democrats.

And likewise, Democrat Presidents have often been followed by Republican Presidents.

But - isn't it interesting that a Republican President was elected after the eight years of conservative leadership of Ronald Reagan?

When did a Democrat President ever produce that level of confidence among the American people?

80 posted on 04/09/2009 11:02:54 AM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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