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Los Angeles Is About To Go Bust
The Business Insider ^ | 4-7-2010 | Mike "Mish" Shedlock

Posted on 04/07/2010 2:42:04 PM PDT by blam

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To: Republic
Democrats are illiterate, arrogant, fiscally stupid and are ruining our nation for real now.

Well, that might be true but it isn't the real story. The real story is that Democrats are CORRUPT. These governments, like most in the nation, are run for the benefit of politicians, not the people. The grease that moves the gears are kickbacks to the politicians...kickbacks from unions, from consultants and from contractors. How do you think that politicians (gee, hmmm, like maybe Obama) become multi-millionaires practically overnight. It sure as hell isn't by working as community organizers for non-profit organizations.

41 posted on 04/07/2010 3:49:40 PM PDT by Scott from the Left Coast (The RATS new motto: WWHD?...What Would Hitler Do?)
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To: blam

Have surtaxes on legal fees. Tax the lawyers, get rich in LA.

No problem.


42 posted on 04/07/2010 3:51:54 PM PDT by AmishDude (It doesn't matter whom you vote for, it matters who takes office.)
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To: Kartographer

Ah, yes! I remember the heady days here on FR when RINOld Schwarzandtaxer was the solution!

Tom McClintock and his band of Tomikazes were haters. HATERS!!! Forget balancing the budget and cutting away the fat. TOM CAN’T WIN!!! What Cahleefornya needed was a Kennedy-connected Movie Star—STAT! He’d solve every problem by working with the donkies to borrow their way to prosperity.

That was the sharp, wizened, considered, SMART opinion right here on THIS Free Republic!

Ya reap what ya sow!


43 posted on 04/07/2010 3:53:30 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
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To: Scott from the Left Coast

Corrupt works for me, just fine.


44 posted on 04/07/2010 3:53:35 PM PDT by Republic (Stop the horrific liberals from spending ONE MRE DME before they destroy our nation.)
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To: Kartographer

Great post, BTW. That great line about Arnold got my blood bloilin’ again! LOL!


45 posted on 04/07/2010 3:55:24 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
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To: advertising guy

The bigger the bust, the bigger the bra!


46 posted on 04/07/2010 3:57:47 PM PDT by GreyFriar (Spearhead - 3rd Armored Division 75-78 & 83-87)
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To: GauchoUSA; blam

Let’s get with it Gaucho.
When we transition from ballots to bullets, the gun Nazis aren’t going to give you time to shop. Most of us have our weapons and ammo for social use & and our gear and you’re talking about getting your “arsenal ready”? I have a soft vest on the way and a hard one in the closet good for .223 and 7.62.
The president as king and Congress as his rubber stamp: socialized medicine. Next, amnesty and cap & trade. VAT. Gun confiscation. Some day we will either get out the way or get in their way.
People get ready.


47 posted on 04/07/2010 4:04:14 PM PDT by tumblindice (Liberty or death)
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To: blam

“Mayor Villaraigosa is blaming the city council for not hiking fees yet again.”

His next move will be to demand a bail-out from Greece.


48 posted on 04/07/2010 4:18:26 PM PDT by haroldeveryman
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To: blam

......AND THE PLOT THICKENS.........


49 posted on 04/07/2010 4:20:21 PM PDT by yield 2 the right
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To: haroldeveryman
"His next move will be to demand a bail-out from Greece."

SmileyCentral.com

50 posted on 04/07/2010 4:20:27 PM PDT by verity (Obama Lies)
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To: historyrepeatz
United States soon to follow.

It's there.

51 posted on 04/07/2010 4:21:21 PM PDT by dragnet2
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To: blam

here’s an idea... cut the cities welfare spending!


52 posted on 04/07/2010 4:25:39 PM PDT by TexasFreeper2009 (Obama = Epic Fail)
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To: blam
""Give us your poor, your tired, your huddled masses longing to be free..."

make that.."longing for free stuff".

53 posted on 04/07/2010 4:33:52 PM PDT by spectre ( Spectre's wife)
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To: Common Sense 101
Exactly WTF is it going to take for the people of this country to pull their collective heads out of their a$$es

The result? The result you can see ... the people who graduated in the 60's, dropouts or half-baked intellectuals, are now occupying the positions of power in the government, civil service, business, mass media, and educational systems. You are stuck with them. You can't get through to them. They are contaminated. They are programmed to think and react to certain stimuli in a certain pattern [alluding to Pavlov]. You cannot change their mind even if you expose them to authentic information. Even if you prove that white is white and black is black, you still can not change the basic perception and the logic of behavior.

-Yuri Bezmenov, KGB Defector

54 posted on 04/07/2010 4:36:09 PM PDT by Pan_Yan
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To: blam

50-some years of feeding the weeds will choke out the cash crop.


55 posted on 04/07/2010 4:37:52 PM PDT by P.O.E. (Giant Gila Monster)
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To: blam
While he is now asking City officials to eliminate 1000 city jobs, the Mayor has selfishly refused to fire a single member of his enormous staff - including 16 Deputy Mayors and 93 personal staff members.

It's good to be king.......

I bet 99.9999 % of these hires are political appointments

56 posted on 04/07/2010 4:52:49 PM PDT by Popman (Balsa wood: Obama Presidential timber)
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To: surely_you_jest

I can hardly wait. More popcorn.


57 posted on 04/07/2010 5:11:25 PM PDT by Gapplega
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To: wac3rd

Don’t forget my favorite - what I call the TV watching fee and they call the Electronic Waste Recycling Fee.

If you buy a TV in CA you have to pay extra. Frankly, that would make me so mad I would move.

“3.Which sales and products are subject to the fee?”

Effective January 1, 2005, the fee is due on the retail sale or lease of a new or refurbished* CED that has a screen size of more than 4 inches measured diagonally. CEDs include:

Televisions that contain cathode ray tubes.
Computer monitors that contain cathode ray tubes or use liquid crystal displays (LCD).
Laptop computers.
“Bare” cathode ray tubes or any other product that contains a cathode ray tube.
Televisions containing LCD screens, which includes any device containing an LCD display greater than 4 inches measured diagonally (viewable size), that has television tuner capability and can process a broadcast, cable, or satellite transmitted television signal (added July 1, 2005).
Plasma televisions (added July 1, 2005).
Portable DVD Players with LCD screens (added July 1, 2007).


58 posted on 04/07/2010 5:44:01 PM PDT by I still care (I believe in the universality of freedom -George Bush, asked if he regrets going to war.)
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To: MplsSteve
I have to imagine that they’ll perhaps again push to break free of LA. The hard part is letting the rest of LA allow them to leave.

You know why!...San Fernando Valley is were the Hollywood rich lives (Encino, WestHills, Westwood etc.)I work in San Fernando Valley, Chatsworth area and you would not belive how many Ferrari's, Lambos, Maybachs, Maserati's and other assorted exotic cars are driving thru the neighborhood. Beverly Hills is nothing!

Homes/Condos are starting at a "low" 1.5 Mil's.

59 posted on 04/07/2010 6:06:14 PM PDT by danmar (Life is hard enough, even harder if you're stupid! John Wayne)
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To: danmar

I remember reading right after cell phones became available (they were expensive) that the hottest selling item in LA was FAKE cell phones.


60 posted on 04/07/2010 6:41:55 PM PDT by blam
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