Powell is as much of a republican as you are.

Interesting choice on who to say that to - AHB voted Obama but his views seem to align mostly with the current GOP way of doing things (social conservatives and who cares how much it costs). Powell is more aligned with the smaller government crowd that used to dominate the GOP.

 

Interesting choice on who to say that to - AHB voted Obama but his views seem to align mostly with the current GOP way of doing things (social conservatives and who cares how much it costs). Powell is more aligned with the smaller government crowd that used to dominate the GOP.

What? I call bulls***.

 

"Americans do want to pay taxes for services," he said. "Americans are looking for more government in their life, not less."

 

He's now become a full fledged Democrat.

http://vote.sos.ca.gov/returns/props/map1A.htm

 

Even Pelosi's county voted against a tax increase. Will wonders never cease. Boy the pro refernda folks spent their 30+ million well, huh. A lot of bang for their buck.

CK, re-posting this since I didn't get a response. How familiar are you with CA's government? If you're looking at this as another tax revolt, you're wrong. It's a revolt against the crappy, crappy, crappy design of the state's government and how much damage that has done to the state.

When do the 'Dooms day' spending cuts begin? Or was it a bluff?

When do the 'Dooms day' spending cuts begin? Or was it a bluff?

It'll probably turn out to have been something of a bluff, but there will be major cuts, along with prison releases, etc. Frankly, as there should have been a long time ago. There were going to be significant cuts if everything passed...just a question of what gets cut. The governor is supposed to start sitting down with the legislature again this week. Although, he's been known to occasionally find better things to do. Like if you wave something shiny in front of him.

It'll probably turn out to have been something of a bluff, but there will be major cuts, along with prison releases, etc. Frankly, as there should have been a long time ago. There were going to be significant cuts if everything passed...just a question of what gets cut. The governor is supposed to start sitting down with the legislature again this week. Although, he's been known to occasionally find better things to do. Like if you wave something shiny in front of him.

 

Those shiny things are going to be his undoing, eventually.

 

With that said, as CK alluded to earlier, California is now on the bailout list. New York will soon follow.

 

 

 

Those shiny things are going to be his undoing, eventually.

 

With that said, as CK alluded to earlier, California is now on the bailout list. New York will soon follow.

Would you consider a federal guarantee of some of the state's debt to be a bailout? (If so, I'm holding you to that definition when the banks try to repay the TARP funds but keep all the other bailouts that they've been given). I think that's actually not the worst idea in the world...most states and municipalities get raked over the coals on interest costs despite the fact that they almost never default, and California's been dumped in to the basket with the worst of the worst.

Would you consider a federal guarantee of some of the state's debt to be a bailout?

 

yes, definitely a bailout and a bad idea. I believe they would be back in a few years for billions more in bailouts. States need to balance their own budgets.

Edited May 20, 200916 yr by mr_genius

yes, definitely a bailout and a bad idea. I believe they would be back in a few years for billions more in bailouts. States need to balance their own budgets.

You do realize that no state comes close to balancing its budget without a huge influx of Federal cash right? Even in normal years.

You do realize that no state comes close to balancing its budget without a huge influx of Federal cash right? Even in normal years.

 

you do realize California is still f***ed even with the usual stuff the fed provides right? you guys have no one to blame but yourselves. sorrry.

you do realize California is still f***ed even with the usual stuff the fed provides right? you guys have no one to blame but yourselves. sorrry.

Totally agreeing on that.

Totally agreeing on that.

 

Illinos has a big deficit too, taxes are gonna go up.

Illinos has a big deficit too, taxes are gonna go up.

That's what happens when the economy drops precipitously. Either the Feds step in and make up the difference, which we were told was a bad, fiscally irresponsible thing to do in the stimulus debate, or states have to come up with some combination of tax increases and spending cutbacks to make up the difference.

Just about every state is hurting financially right now, it isn't necessarily caused by bad governing fwiw.

Just about every state is hurting financially right now, it isn't necessarily caused by bad governing fwiw.

In California, it is.

Just about every state is hurting financially right now, it isn't necessarily caused by bad governing fwiw.

 

a lot of it's due to s***ty governing and leadership

Oh no doubt, california is a f***ing train wreck, I wasn't defending them. I'm just saying even responsible states have to deal with a sudden and unexpected decline in revenue.

I'm just saying even responsible states have to deal with a sudden and unexpected decline in revenue.

 

very true. i was concentrating more on the major offenders.

Just about every state is hurting financially right now, it isn't necessarily caused by bad governing fwiw.

 

Indiana still has a rainy day fund... just sayin.

Indiana still has a rainy day fund... just sayin.

California's Governing bodies think now is the time to establish one.

That's what happens when the economy drops precipitously. Either the Feds step in and make up the difference, which we were told was a bad, fiscally irresponsible thing to do in the stimulus debate, or states have to come up with some combination of tax increases and spending cutbacks to make up the difference.

How bout we just take out the fricken trash.

 

http://www.myfoxchicago.com/dpp/news/inves..._workers_asleep

How bout we just take out the fricken trash.

 

http://www.myfoxchicago.com/dpp/news/inves..._workers_asleep

Every single politician who gets elected to any office in this country does so on a promise to clean up the waste. It may only be a small part of their campaign, but they always add it in. Others (Arnold) make it the centerpiece of their campaign. Then they get in there and realize...there's a little bit that can be cleaned up, but it's never anywhere near what they claim it is...and it's just like any other business, there's good people and bad people. At least these guys weren't supposed to be the watchdog's keeping an eye on AIG. Those guys napped for like 10 years.

Every single politician who gets elected to any office in this country does so on a promise to clean up the waste. It may only be a small part of their campaign, but they always add it in. Others (Arnold) make it the centerpiece of their campaign. Then they get in there and realize...there's a little bit that can be cleaned up, but it's never anywhere near what they claim it is...and it's just like any other business, there's good people and bad people. At least these guys weren't supposed to be the watchdog's keeping an eye on AIG. Those guys napped for like 10 years.

And just like in private business, you can do a lot more of that than many companies are willing to. Some do it right. Cook County does not, and they may be the worst of them.

 

Indiana still has a rainy day fund... just sayin.

 

Yeah, but the 7 people with a full set of teeth are the only ones that know...or care.

Touche:

 

http://online.wsj.com/article/SB124295250785545573.html

 

Gov. Pawlenty!!