[Amerigomag]

Unlike other Austrian proposed financial fiascoes, this one will visit taxpayers within a matter of weeks.

Here are some certainties;

1) California will not run out of cash in July.
2) Tax revenue will be used to support state government services.
3) State government largess will diminish
4) Public employment retirement benefits will diminish
5) California will continue to be a hostile environment for private enterprise.
6) Fees for routine public services will mushroom in both scope and amounts.
7) The public trust in elected officials will continue to spiral downward.
8) Both major, politcal parties will advance statewide candidates with minor philosophical differences

[GeronL]

thats about the size of it

[Grampa Dave]

5) California will continue to be a hostile environment for private enterprise.

Re your #5, I posted this comment this past weekend:

http://www.freerepublic.com/focus/news/2257296/posts?page=26#26

“Not really a surprise with left wing governors, left wing legislators and left wing mediots pushing anti business liberalism 24/7/365.

We “ain’t” seen nothing as the unions in these blue states will be pushing some pretty out rageous demands.

One I can’t identify yet due to negotions and no documentation. Apparently, the union that services specific businesses statewide lost a lot of pension funds during the economic meltdown. So now they are demanding that the employers make up the losses and even fund the losses from this year and following years due to the fund being down last year and this year.”

---

Since then, I have discussed the union pension shortfalls for union thugs with a few younger relatives in fairly high level jobs in their various companies representing various industries. California isn’t the only state where this witches brew is being heated up.

Union Pension funds are in real peril with the economic meltdown and the normal robbery of the Pension Funds by the top Union Thugs.

Many private enterprise corporations are looking at going into bankruptcy and radical reorganization, if their unions try to force them to make up the market losses and normal thievery of the Union pension funds. Some will just go into bankruptcy and close their doors.

[goldstategop]

They may be able to keep Potemkin Village socialism going. But its going to be a shadow of the real thing.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus