[neverdem]

Is WaPo into a into a fiscally conservative recovery?

[Drango]

IT’S ABOUT THE SPENDING!

[goldstategop]

The liberal media blames California's straits on lack of revenue and stoopid voters. It never notices that taxes were increased, receipts are down and California has a spending and not a revenue problem. A federal bailout for California would only postpone the day of reckoning.

"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

[calcowgirl]

The requirement of a two-thirds vote in the legislature to raise taxes or pass a budget has exacerbated partisanship and made sensible budgeting impossible.

Reckless spending and borrowing has made sensible budgeting impossible.

"Spend less than revenues" is a pretty basic concept that these liberals can't seem to grasp.

[neverdem]

This was a nice surprise in WaPo. Congratulations on last week’s votes!

[GOPJ]

Is WaPo into a into a fiscally conservative recovery?

If the first state to go under had a democrat governor, they'd probably have an "excuse they believe" to back up their call for federal money. If CA goes under "jobs will be lost" just like the jobs that would have been lost in Detroit. But Detroit's dem country...

[Gritty]

What happened?

Was there a Conservative coup at the Washington Post this morning? Or, did somebody at The Post who is paying taxes actually wake up and smell out-of-control fires of burning money?

[CapnJack]

The only argument I can see that California has for a Fed bailout is the requirement that California has to pay for the illegals education, health care, etc...

This, I think, would be their only leg to stand on when requesting $$$ from the Feds.

Outside of that, they have no standing.

[4Liberty]

Sending the Feds “the problem” (asking for a bailout of CA) is like a claw back — of taxes from fleeing former CA tax-base money, gone to other US states.

So much for Federalism. We’re all national socialists now...

[upchuck]

Bailout for Chrysler merely delayed the inevitable.

Bailout for GM/GMAC is merely delaying the inevitable.

Billions of of our dollars down these rat holes.

I say, not one penny for CA. This “crisis” has been building for 20 years. If, in that time, no one has had to cojones to do what is needed, let ‘em twist.

[PubliusMM]

“Bailing out the banks was defensible because of the critical and central role they play in the economy. Bailing out the auto companies may have made sense...”

Uh, no. Bailing out the banks is not defensible. There is simply no compelling Constitutional argument that supports this ridiculous, dangerous corporate socialism. Our legal system has mechanisms for dealing with bankrupt businesses. Same thing applies to the auto companies, and ANY OTHER business entity in the US.

Additionally, there is no valid, acceptable reason for the Federal government to ‘bail out’ California or ANY OTHER state in this union.

0bama and his cronies have looted the wealth of generations yet unborn to pay for the profligate ways of today’s ‘leaders’, charlatans who have fleeced the electorate with promises of everything to everyone all the time. There is a price to be paid for this indecency, and it won’t be pretty.

It’s time to take back the country.

[the_daug]

-- which too often allows politicians to turn the hard decisions over to voters who, surprise, aren't always willing to make them --

I didn't see voters getting a chance to slash budgets and numbers of employees only to raise taxes.....LOL

[dragnet2]

Last week's referendum offering up a slew of budgetary fixes was a fiasco, with voters accepting only a plan to freeze the pay of their legislators in the years they run deficits

A fiasco? That's an odd choice of words.

What it is, like Cal Prop 187, and Cal Prop 13, is arguably the biggest tax protest in modern history.

The message sent to the state, was brutal, and uncompromising.

Round 1.

It will be fun watching the state, and their co-conspirators in D.C. that have all but destroyed the American economy, figure there is no money left to confiscate.

[Tzimisce]

Well hate to disappoint you WaPo: California is getting a bailout.

So you little people better open your wallets...

[Constitutional Patriot]

“CALIFORNIA FINDS itself in more than a bit of a bind: Facing at least a $21 billion budget deficit, the state could run out of money in a matter of weeks. “

Ain’t socialism great!?!?!? This (at a minimum) is what Barak wants for the whole country.

[P.O.E.]

Let them eat tofu.

[Grampa Dave]

Did Hell Freeze over in DC?

"Bailing out the banks was defensible because of the critical and central role they play in the economy. Bailing out the auto companies may have made sense in order to save jobs -- though now that the government is heading for long-term ownership, we are beginning to doubt the worth of that policy. Bailing out the states would be an even more perilous road to start down."

[Nam Vet]

Ah for the days of my youth when public employees couldn't have unions.

Nam Vet

[ModelBreaker]

“Is WaPo into a into a fiscally conservative recovery?”

Probably not. In ordinary times, they would be supporting a bailout. But these are not ordinary times. They control all branches of government decisively and they do not want to waste precious federal money on the States. The money that would bail out CA (and then the next 25 states that request a bailout) could also be used to pay for single-payer health care or a scad of other worthless left-wing projects.

Giving that money to CA makes it harder to pass a bunch of those left-wing projects.