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California's Real Debt Is $1.3-Trillion
YouTube ^ | Jan 12, 2017 | John and Ken

Posted on 01/12/2017 3:46:53 PM PST by SeanG200

John and Ken speak to Marc Joffe of the California Policy Center (http://californiapolicycenter.org/) in regard to these recent articles on the subject of California's fiscal emergency:

➤ California’s Total State and Local Debt Totals $1.3 Trillion (http://tinyurl.com/hh8qbss) ➤ Can California’s Economy Withstand $1.3 Trillion of Government Debt? (http://tinyurl.com/znjpu9b)

One aspect Marc Joffe mentioned would be a way to overcome this "debt" is to increase California's population... however, we see through some recent stories...

★ California Won't Fall Into The Sea -- It's Moving To Texas Instead (http://tinyurl.com/ztyrxae) ★ The Exodus of People Moving Away From California Is Becoming an Avalanche (http://tinyurl.com/gouwmkd)

...this is not a viable option... nor will it be as long as Democrats are in charge:

✦ California Regression - Eco Craziness (https://youtu.be/MuKO0pjCes8) ✦ John & Ken Discuss CalPERS Ponzi Scheme (https://youtu.be/bPFqOxl-pcs)

In other words, Californians are doomed if remaining on this course.


TOPICS: Business/Economy; Government; US: California
KEYWORDS: bankrupt; californianews; fiscalpolicy; johnandken

1 posted on 01/12/2017 3:46:53 PM PST by SeanG200
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To: SeanG200

California has a 90% population that earns at or below the poverty line.
Over 90% take, especially CA state union workers.

Each child of a non-citizen or non-legal resident cost $195,000.00 to get through high school.
Easily that is 40 % of children in the state if not 80%.

Obviously you end all entitlements to families with no citizen or legal resident parent.
You start to move the other nation’s kids out and you save a fortune.

We have 40% of all welfare in the nation in this state. 80% is probably connected to non-legal residents or the children of non-legal residents.


2 posted on 01/12/2017 3:54:37 PM PST by A CA Guy (God Bless America, God Bless and keep safe our fighting men and women.)
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To: SeanG200
Let's do a different version of Calexit.
We all vote as to whether or not California can stay in the union";^)
3 posted on 01/12/2017 3:55:06 PM PST by Politically Correct (A member of the rabble in good standing)
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To: Politically Correct

lol! #CalRexit


4 posted on 01/12/2017 3:57:06 PM PST by SeanG200 ("The man who does not read good books is no better than the man who can't." ~ Mark Twain)
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To: A CA Guy
Each child of a non-citizen or non-legal resident cost $195,000.00 to get through high school

Yup. The illegals hit the jackpot the day they make it across the line.

Squat a kid and boom, an anchor baby and an endless gravy train of freebies.

The citizens of another country have no claim on our money. Period.

End that and we are no longer the slaves of Mexico or their Fellow Travelers, the Teachers union and the Rat party.

5 posted on 01/12/2017 3:58:35 PM PST by Regulator
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To: SeanG200
.

Remember the CalPERS cow has mastitis.

6 posted on 01/12/2017 4:02:17 PM PST by ptsal
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To: Regulator

Plus many are born with physical problems or have problems mentally and that costs us a fee of millions per child (not really ours) in our system.

We have lots of poorer unhealthy workers from elsewhere with pre-existing genetic or health issues giving us babies in this state that will never make a living ever.


7 posted on 01/12/2017 4:05:20 PM PST by A CA Guy (God Bless America, God Bless and keep safe our fighting men and women.)
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To: Politically Correct

Transfer the administration of the Federal water projects to the state legislature and watch the natives disembowel one another.

The north-south struggle for water will send the Hollyweirds and the Siliconistas into a death spiral.


8 posted on 01/12/2017 4:05:53 PM PST by ptsal
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To: ptsal
Transfer the administration of the Federal water projects to the state legislature and watch the natives disembowel one another.

The north-south struggle for water will send the Hollyweirds and the Siliconistas into a death spiral.

Popcorn for everyone! We'd make billions if we could sell tickets.

9 posted on 01/12/2017 4:26:58 PM PST by Politically Correct (A member of the rabble in good standing)
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To: SeanG200

China’s got lots of cash and would love a port in present-day California. The media and political donors would love a Chinese port there too.

So, no problem!


10 posted on 01/12/2017 4:32:25 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: SeanG200

Wait until federal funding dries up.


11 posted on 01/12/2017 6:22:40 PM PST by HarleyD
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To: mrsmith

Free Traitors™ have insured that China has free access to the west coast. Look at any port. The containers are stacked like cord wood. Ca secession will not change that.


12 posted on 01/12/2017 6:28:58 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: HarleyD

Believe me CA federal tax receipts would go straight to Sacramento instead of DC.


13 posted on 01/12/2017 6:30:11 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

back...... back. Under your rock Etrog


14 posted on 01/12/2017 6:30:57 PM PST by Thibodeaux (the end of Obama plague is near........ rejoice)
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To: Thibodeaux

It’s a republic. It would be good that you remember that.


15 posted on 01/12/2017 6:32:10 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

A Chinese port, not an American one.
Say, those empty containers would make great troop housing quarters...


16 posted on 01/12/2017 6:38:33 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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