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State Auditor: CA Net Worth Negative $127.2 Billion
breitbart ^
| march 30, 2013
| Mike Flynn
Posted on 03/30/2013 4:11:30 PM PDT by lowbridge
click here to read article
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1
posted on
03/30/2013 4:11:30 PM PDT
by
lowbridge
To: lowbridge
It’s time to expand those social services then.
2
posted on
03/30/2013 4:17:35 PM PDT
by
BipolarBob
(Happy Hunger Games! May the odds be ever in your favor.)
To: lowbridge
“If the state were a business, it would be a candidate for liquidation.”
If the state was a business, the officers of the company would certainly be indicted.
3
posted on
03/30/2013 4:18:32 PM PDT
by
The Antiyuppie
("When small men cast long shadows, then it is very late in the day.")
To: lowbridge
While this report paints a bleak picture of the state's future, it is also unrealistically optimistic.
Its easy to be optimistic when you expect your rich uncle to bail you out.
4
posted on
03/30/2013 4:18:37 PM PDT
by
cripplecreek
(REMEMBER THE RIVER RAISIN!)
To: lowbridge
California leads the way. ;-)
5
posted on
03/30/2013 4:19:08 PM PDT
by
familyop
(We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
To: lowbridge
If the state were a business, it would be a candidate for liquidation, and you couldn’t get anyone, not even a “Klingon” to buy it.
6
posted on
03/30/2013 4:20:17 PM PDT
by
SandRat
(Duty - Honor - Country! What else needs said?)
To: lowbridge
And Jerry Brown just told us things were looking better.
7
posted on
03/30/2013 4:24:04 PM PDT
by
Lurkina.n.Learnin
(Obama is the Chicken Little of politics)
To: lowbridge
Well, Jerry Brown and the peckerheads in Silicon Valley could pledge their fortunes and lives to save California. Somehow, I don’t think that will happen. They’d rather hang from lampposts than help their fellow man, which is expected from left-wing worms.
Bye-bye.
To: SandRat
and you couldnt get anyone, not even a Klingon to buy it.A Kenyan would
9
posted on
03/30/2013 4:25:53 PM PDT
by
digger48
To: lowbridge
“Gov. Jerry Brown declared (Thursday 1/11) that California’s budget deficit has vanished thanks to new tax hikes and past spending cuts, marking the first time since the recession that state leaders haven’t faced a deep fiscal chasm in January.”
10
posted on
03/30/2013 4:25:56 PM PDT
by
skeeter
To: cripplecreek
Its easy to be optimistic when you expect your rich uncle to bail you out. Of course, when Californication goes bankrupt, they politicians will turn to Wash-DC and cry. The repubs will refuse, then the MSM will clobber the airwaves with starving children and pushing granny off the cliff, then the repubs will balk and (sigh)...
To: lowbridge
12
posted on
03/30/2013 4:27:07 PM PDT
by
Puppage
(You may disagree with what I have to say, but I shall defend to your death my right to say it)
To: lowbridge
Time for an Emergency Manager to take over CA’s business, as just happened in Detroit.
13
posted on
03/30/2013 4:28:33 PM PDT
by
lurk
To: skeeter
Gov. Jerry Brown declared (Thursday 1/11) that Californias budget deficit has vanished thanks to new tax hikes and past spending cuts, marking the first time since the recession that state leaders havent faced a deep fiscal chasm in January.
Right. a couple of bong hits makes everything look better.
14
posted on
03/30/2013 4:32:52 PM PDT
by
Huskrrrr
To: lowbridge
This is what will cause a 200% increase in property taxes and everything else.
They are going to move heaven and earth first before they would reduce the size of government and government union employees.
Look for prop 13 to die the next couple of years.
They will tell the voters it is tax unfairness, even though every person with a home was purchasing with a different income. Some bought at 25k with 4k a year salaries. How would those folks today pay 4.5k a year in property taxes?
All roads lead to putting more people on welfare.
15
posted on
03/30/2013 4:43:38 PM PDT
by
A CA Guy
( God Bless America, God Bless and keep safe our fighting men and women.)
To: lowbridge
Well, we can state with certainty what the response will be:
1) “We must raise taxes on the wealthy and business.”
2) “We must spend money faster to stimulate the economy.”
To: digger48
A Ferrengi would but only if it can be bought with someone elses money
17
posted on
03/30/2013 4:47:57 PM PDT
by
cripplecreek
(REMEMBER THE RIVER RAISIN!)
To: VRW Conspirator
This is exactly why I was glad to see the emergency manager in Detroit. Its the best of a lot of bad options.
Its our problem and we aren’t dumping it on others.
18
posted on
03/30/2013 4:50:12 PM PDT
by
cripplecreek
(REMEMBER THE RIVER RAISIN!)
To: BipolarBob
“Its time to expand those social services then.”
What are you, some kind of RIGHT WING EXTREMIST?
We can do both, expand “social services” AND build a useless train in the Central Valley.
19
posted on
03/30/2013 5:00:55 PM PDT
by
BobL
(Look up "CSCOPE" if you want to see something really scary)
To: lowbridge
The faster Cali disentegrates the better.
20
posted on
03/30/2013 5:02:53 PM PDT
by
unixfox
(Abolish Slavery, Repeal The 16th Amendment!)
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