Cal-eee-phone-yah in fiscal emergency...

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Permalink Reply by Steve Woolf on December 3, 2008 at 1:37am

We're just the first state that is going to go through this. The Southern California housing collapse has been among the worst in the U.S. As unemployment continues to go up in 2009, other states will have to take drastic action, too. You can never be happy about taxes being raised, but I sure don't want to see a bigger disaster as a result of doing nothing.

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Permalink Reply by Jared Robinette on December 3, 2008 at 2:15am

ITS BULLSHIT! i hate cali taxes. i lose $200 fucking bones off my paycheck already, im tired if this state mis-spending in all the wrong damn places. people here act like its the best fucking place on the planet but when it comes down to it, there's a lot of shit behind the scenes that needs to be fixed. other than that...i like it here.

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Permalink Reply by J.J on December 3, 2008 at 8:49am

I don't live in California, but i think that where there are inefficiencies in expending the taxes, government should try to improve the spending process instead of doing the easy thing and raise taxes. During economic and financial collapses states act as if it was the worse thing, but the truth is that since we work with the capitalist system it's expected for these things to happen so why they don't save money for when crisis come.

Chile has done it and now they have a whole bunch of money ready in case the crisis affects them directly.

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Permalink Reply by Derek on December 4, 2008 at 9:38am

I hear that a couple of years ago (pre-housing bubble), that a lot of californians sold their homes, and moved to places like Phoenix and Austin, where they bought houses with CASH from their sales.

My friends in Austin are complaining about the Cali-influence that has been brought to the Lone Star State. Lord knows I see LOTS of Cali plates here in Phoenix.

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Permalink Reply by Laurence on June 13, 2009 at 5:16pm

Arnold's judgement day is looming

And no, it's not his (non) appearance/performance in "Terminator Salvation". Things are hotting up for arnie cosidering that - quoting the article...

"The breadth and depth of Mr Schwarzenegger’s cuts are unprecedented and no one in the state, not even its dozens of billionaires, will be unaffected. His more radical proposals include wiping billions of dollars from the education budget, with the school year shortened and larger classes."

"Hundreds, possibly thousands, of police and firemen will be laid off, and state employees who keep their jobs face pay cuts of at least 10 per cent."

"Parks will close, shutting access to thousands of square miles of beaches, redwood forest and other attractions that draw 80 million visitors a year. Thousands of prisoners will be released early and the notorious St Quentin penitentiary will be among state buildings put up for sale."

"All financial aid for university students, affecting 200,000 people from low-income families, will end."

Could this be the start of a big mass exodus out of cali? could this bring on severe civil unrest? will arnie Be terminated? any thoughts people?

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Permalink Reply by Laurence on June 14, 2009 at 8:41am

most likeley people who had enough of

"economic Gurlee men"

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Permalink Reply by Laurence on July 2, 2009 at 4:56am

Now he's started dishing out IOU's

When am I gonna get paid you Austrian Oaf!?!?

Two weeks :P

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Permalink Reply by sunjana1 on July 2, 2009 at 5:09am

Here's what he has to deal with: Yesterday he tweeted this -
"Instead of working on budget, the Legislature is about to debate whether cows can keep their tails while we're in a fiscal crisis."

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Permalink Reply by sunjana1 on July 3, 2009 at 5:20am

Oh come on - Al Franken is good enough, smart enough, and gosh darn it - people like him!!

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Permalink Reply by sunjana1 on July 3, 2009 at 5:21am

my response was that allowing them to keep their tails would probably reduce the methane problem.

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Permalink Reply by Laurence on July 3, 2009 at 5:58am

It's still a lot of hot air regardless :P

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Permalink Reply by sunjana1 on July 3, 2009 at 7:58am

ZING

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