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CALIFORNIA: Lockyer warns IOUs likely if budget talks fail
SacBee: Capitol Alert ^ | 1/22/11 | David Siders

Posted on 01/23/2011 2:20:07 PM PST by SmithL

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To: Brilliant

Also require all union contracts, government agencies, and mandated spending to voided.

Reboot California!


21 posted on 01/23/2011 3:11:29 PM PST by TenthAmendmentChampion (Darwinism is to Genesis as Global Warming is to Revelations.)
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To: SmithL

I just sent in my IOU to the FTB for my quarterlys


22 posted on 01/23/2011 3:26:27 PM PST by al baby (Hi Mom!!! <sarc>)
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To: SmithL
state workers should get the first ones...
23 posted on 01/23/2011 3:31:02 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: SmithL

The ship of fools has sailed.

24 posted on 01/23/2011 3:36:29 PM PST by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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To: vetvetdoug

The state would prefer to tax you such that you sell your property, at a discount, to them. It’s a win win. They get high taxes, and eventually your property.


25 posted on 01/23/2011 3:41:22 PM PST by Leisler (They always lie, and have for so much and for so long, that they no longer know what about.http://ma)
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To: SmithL

I know that the federal and state governments just sent us the first of several bills for overpayments starting in 2006-07 for administering their mental health program. All totaled, we are anticipating about an $8 million bill through 2010. We are currently laying off staff and reducing services by 70% regardless of mandated services, but we still don’t have the money and, with reduced staff, have no way to earn it. Shall we shut the whole County government down and dump it all back in their laps? - bacause that is where we’re heading.


26 posted on 01/23/2011 4:05:12 PM PST by marsh2
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To: marsh2

“Shall we shut the whole County government down and dump it all back in their laps? - bacause that is where we’re heading.”

Yes. Call their bluff.


27 posted on 01/23/2011 4:17:42 PM PST by flaglady47 (When the gov't fears the people, liberty; When the people fear the gov't, tyranny.)
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To: hinckley buzzard
Will local banks be willing to pile up these scraps of paper?

No. My last CA tax "refund" was an IOU and my credit union refused it. I had to wait several months until funding was again available to deposit it.

28 posted on 01/23/2011 4:23:32 PM PST by Bernard Marx
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To: vetvetdoug

Why would anyone buy their land? They have so many regulations and rules that if you buy the property you can’t do jack with it. You also have such high taxes and no jobs that who would want to live there?


29 posted on 01/23/2011 5:42:27 PM PST by 1scrappymom (Thanks Texas Rangers for a great run!)
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To: 1scrappymom

All businesses doing business with the State of California and insist “cash up front” or NO SALE. No materials, no services, no nothing.

The bungholes that populate the state government and its bureaucracies buy lots of stuff, so tell them that effective immediately the are on a cash only basis. If the won’t (or can’t) pay, issue them an IOU for what they would have gotten if they’d paid for it.

Cut off all credit purchases by the state from vendors and they will suddenly find things are more difficult to do — like using the copier because there’s no ink or paper for it.

Don’t accept any government credit cards for anything; cash only. California is a spoiled child with daddy’s checkbook and credit cards. Time for daddy to cut junior off.


30 posted on 01/23/2011 6:54:03 PM PST by MasterGunner01 (To err is human; to forgive is not our policy. -- SEAL Team SIX)
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To: Brilliant

Not just the parks. It would free the west. Most states east of the Mississippi are majority private owned, west of the mississippi, the opposite.

CA state government should sell off as much land as possible.


31 posted on 01/23/2011 8:43:50 PM PST by BenKenobi
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To: BenKenobi

Ding, ding, ding, we have a winner! Unfortunately the Federal Government owns 45.3% of all the land in California. So I don’t see the state as being able to bail itself out by land sales, but perhaps the Feds could. I just looked at a graphic that shows that nearly half of all the land in the states west of Texas is “owned” ( really stolen) by the Fedgov. Nevada is the worst example at 84.5%


32 posted on 01/23/2011 11:49:40 PM PST by vette6387 (Enough Already!)
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To: vette6387

Have the Feds sell the land to the state at value X/acre. Have the state sell the land to the people at value Y/acre, where Y >>> X.


33 posted on 01/25/2011 2:04:43 PM PST by BenKenobi
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