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California heading towards collapse, auditor warns (could run out of money as soon as July 2009 )
Hotair ^ | 5/11/2009 | Ed Morrissey

Posted on 05/11/2009 5:17:29 PM PDT by SeekAndFind

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To: LS

Thanks a lot you do know that Jim lives here and a lot of fine decent conservative people


21 posted on 05/11/2009 5:25:47 PM PDT by al baby (Hi Mom)
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To: SeekAndFind

That completes the La Raza tradition.


22 posted on 05/11/2009 5:26:23 PM PDT by Da Coyote
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To: AuntB

I don’t care much about those that were legal. It’s the others I want out.


23 posted on 05/11/2009 5:26:23 PM PDT by nufsed (Release the birth certificate, school and passport records.)
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To: SeekAndFind

California is a failed State.

A preview of Grandiose plans and Spending out of control such that Taxes could NOT be raised fast enough. Send the “Cash” economy Illegals back home....they are not paying taxes they are just freeloading.

California is a preview of the Feds as Obama plans are a mirrow image of California....Spend, Tax, Borrow, Spend some more.
This latest “save the minnow” Kill the farmers is just Green Insanity.


24 posted on 05/11/2009 5:27:45 PM PDT by 4Speed
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To: nufsed

Did you miss this part of the post?

“Overall, illegal immigrants’ children account for one of every 15 students in kindergarten through 12th grade. In 2008, California had the most illegal immigrants at 2.7 million, double its 1990 number, followed by Texas, Florida, New York and New Jersey.”

BTW...the ‘legal’ ones are the ones electing the idiots we have in office.


25 posted on 05/11/2009 5:28:22 PM PDT by AuntB (The right to vote in America: Blacks 1870; Women 1920; Native Americans 1925; Foreigners 2008)
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To: NormsRevenge
"The real ‘criminals’ in California are in the state legislature and have a D by their name..."

What about the criminals, pardon me, voters who put them there? This is still America, and people get the government they want. The voters of California seem to like corruption, perversion, and incompetence. Why not? That's how they themselves are.

26 posted on 05/11/2009 5:28:48 PM PDT by Batrachian
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To: reefdiver

Why should it be repealed?

Why shouldn’t the legislature have to CUT from the budget they have?


27 posted on 05/11/2009 5:28:52 PM PDT by porter_knorr
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To: SeekAndFind

Gotta love them illegals. Leeches in our country.


28 posted on 05/11/2009 5:29:26 PM PDT by getmeouttaPalmBeachCounty_FL (****************************Stop Continental Drift**)
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To: SeekAndFind

California...tumbles into the sea.


29 posted on 05/11/2009 5:29:42 PM PDT by Crawdad (If you're in a fair fight, your tactics suck.)
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To: SeekAndFind
2 questions...

What happens to CALPERS and California Muni Bonds.

30 posted on 05/11/2009 5:31:04 PM PDT by taildragger (Palin / Mulally 2012)
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To: SeekAndFind

Well they say California blazes the trail that the rest of the country follows.
So I think this whole governmental collapse thing just might catch on!


31 posted on 05/11/2009 5:31:06 PM PDT by counterpunch (In this present crisis, government is not the solution to our problem. Government is the problem.)
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To: LS

It won’t fall into the sea. LA may relocate to just south of SF at point due to the big one, but it won’t fall into the sea.

And some of us, love living here and wouldn’t move unless Texas actually did secede from the Union.


32 posted on 05/11/2009 5:31:50 PM PDT by porter_knorr
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To: SeekAndFind

Socialism FAILS every time and every place its tried, for the same reason. You run out of other people’s money!


33 posted on 05/11/2009 5:32:05 PM PDT by Don Corleone ("Oil the gun..eat the cannolis. Take it to the Mattress.")
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Comment #34 Removed by Moderator

To: AuntB

Did you miss the other part? Stop preaching to me. I’m on your side.


35 posted on 05/11/2009 5:35:30 PM PDT by nufsed (Release the birth certificate, school and passport records.)
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To: SeekAndFind
The state could rake in billions in leases and taxes and create tens of thousands of jobs by allowing oil exploration and production off its coast, for instance. Arnold could lead a charge to lower business taxes in order to encourage investment, including the sky-high sales taxes that depress consumption. Most importantly, they could start getting serious about trimming non-essential spending from the state budget and start shedding bureaucrats instead of driving business out of state.

This is what should have been done. But it should have been done as soon as Arnold got into office, when the voters were fed up with Gray Davis and his budget busting.

It's too damned late now. Businesses have already been driven out of the state. Taxpayers have been driven out of the state. Illegal aliens have taken over in many places. Power is more and more expensive.

Oil exploration takes years before you get a return. And the crisis is NOW. In fact, it was probably too late last fall, while they were all screwing around and going on vacation instead of voting on a budget.

36 posted on 05/11/2009 5:36:22 PM PDT by Cicero (Marcus Tullius)
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Comment #37 Removed by Moderator

To: taildragger

checks awarded by seniority. Rertired since 1998.


38 posted on 05/11/2009 5:37:55 PM PDT by nufsed (Release the birth certificate, school and passport records.)
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To: reefdiver
"Re peal prop 13."

Uh - NO! We pealed it once fair and square and we are not going to re peal it.

39 posted on 05/11/2009 5:39:32 PM PDT by Enterprise (The Porkulus brought us economic swine flu.)
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To: SeekAndFind

Publish the photos, names and addresses of all the bureaucrats and retired state employees earning more than $200,000 so the criminals know where to go for free handouts.


40 posted on 05/11/2009 5:41:38 PM PDT by sergeantdave (obuma is the anti-Lincoln, trying to re-establish slavery)
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