CALIFORNIA DREAMING.............

She's within range of the COG, Wavie, kiss her goodbye!

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Originally Posted by CuteOldGuy

www.xoalexiadiorxo.com

Where is Icuminpeace on this topic?

Excellent post Chefnerd.

The public sector spending needed restraining....obviously Prop 13 didn't go far enough in that area. The cause of California's demise is wild public spending, and lack of restraints and accountability in public spending; not revenues. Of course, current policies are driving income (jobs, revenue, tax base) out of the State....wealth is fleeing to state's with lower burdens and politicians have to meet revenue demands thru more taxation and regulatory burdens on those who remain...the downward spiral continues - until California goes bankrupt, or the feds step in.

tick, tick, tick.

I agree that the public service unions are far too powerful and have played a major role in screwing up California. However, a couple of things have been somewhat misrepresented here. First, the Dills act had no bearing on prop 13 nor was it the first law in California to allow public sector unions. The first law allowing collective bargaining was in 1968, the Meyers-Milias-Brown Act, which allowed local (city, county, special district employees) to collectively bargain (mentioned in the city-journnal link). This was by the way, during Ronnie's first term. Prop 13, properly known as the Jarvis-Gann initiative, qualified for the 1978 ballot in 1977 having obtained the required number of valid signatures. This actually has been considered for some time as being one of the causes of California's financial problems. Yes, totally exacerbated the idiot unions. However, Jarvis-Gann ripped apart much of the financing for areas such as fire, police, school districts etc. thereby putting local governments in a severe bind which initially, the state tried to cover the lost revenue. Obviously that was and has been a failure. Also, considering that it takes a 2/3 vote in the legislature to pass a budget or raise taxes, and the fact that the Republicans have held the governor's office approximately 3 times more than the Dems, not all the blame can be put on one party.

Oh, and about Reagan and unions: This is from his 1980 campaign kick-off speech

http://www.youtube.com/watch?v=oITaW...endscreen&NR=1 Originally Posted by chefnerd

Or some may just dissolve...throughout the state, local governments are slashing services to avoid bankruptcy. For some, it's too late......tick, tick, tick.


http://www.latimes.com/news/local/la...,2433019.story


"Rising public pension costs are one of the catalysts pushing cities into fiscal peril. In San Bernardino, the city's obligation to its employee retirement system rose from $1 million in the 2006-07 fiscal year to nearly double that in the current budget year. In three years, those costs are expected to swallow up 15% of the budget."

"Pension spending grew an average of 11.4% a year in the state's biggest cities and counties between 1999 and 2010, roughly twice as fast as spending on public safety, social services, recreation, health and sanitation, according to a February report by the Stanford Institute for Economic Policy Research."

Or some may just dissolve...throughout the state, local governments are slashing services to avoid bankruptcy. For some, it's too late......tick, tick, tick.


http://www.latimes.com/news/local/la...,2433019.story


"Rising public pension costs are one of the catalysts pushing cities into fiscal peril. In San Bernardino, the city's obligation to its employee retirement system rose from $1 million in the 2006-07 fiscal year to nearly double that in the current budget year. In three years, those costs are expected to swallow up 15% of the budget."

"Pension spending grew an average of 11.4% a year in the state's biggest cities and counties between 1999 and 2010, roughly twice as fast as spending on public safety, social services, recreation, health and sanitation, according to a February report by the Stanford Institute for Economic Policy Research." Originally Posted by Whirlaway

California is to America, what Greece is to Europe. Texas is to America, what Germany is to Europe.

The rest of America needs to learn from California's economic meltdown. We need to avoid the foolish policies that caused California's problems.

Yep. That is why I posted it........it is our future if we continue to follow the statist big government policies of Obama.

The reality of indulgent spending, illegal immigration, and over-regulation is staring us dead-on in California. We can ignore it, or learn from it.

Or some may just dissolve...throughout the state, local governments are slashing services to avoid bankruptcy. For some, it's too late......tick, tick, tick.


http://www.latimes.com/news/local/la...,2433019.story


"Rising public pension costs are one of the catalysts pushing cities into fiscal peril. In San Bernardino, the city's obligation to its employee retirement system rose from $1 million in the 2006-07 fiscal year to nearly double that in the current budget year. In three years, those costs are expected to swallow up 15% of the budget."

"Pension spending grew an average of 11.4% a year in the state's biggest cities and counties between 1999 and 2010, roughly twice as fast as spending on public safety, social services, recreation, health and sanitation, according to a February report by the Stanford Institute for Economic Policy Research." Originally Posted by Whirlaway

Texas has been slashing services to counter the $25 billion dollar state deficit .. Perry is a Democrat?

should have known

CJ; connecting dots randomly doesn't make you Picasso or Einstien..............just another Elmer hunting wabbits.....

sorry whirlie, I didnt mean to present both sides of a situation that diluted your dem bashing thread ..

I read that Texas has the number one business climate in the US. That is a good thing.

I read that Texas has the number one business climate in the US. That is a good thing. Originally Posted by CuteOldGuy

shhhhhhhhhhush !!

we're trying to save the jobs for the natives

We need to frack the f**k out out of the Eagle Ford Formation and get our unemployment down to 3.0% like North Dakota.

Here is the ranking of all the states......

http://www.cnbc.com/id/46413845/

I read that Texas has the number one business climate in the US. That is a good thing. Originally Posted by CuteOldGuy

We need to frack the f**k out out of the Eagle Ford Formation and get our unemployment down to 3.0% like North Dakota. Originally Posted by joe bloe

youd need to buy 15 entire counties to do that.

Isn't that what royalty payments to landowners is for ?

youd need to buy 15 entire counties to do that. Originally Posted by CJ7