Comments on: Updated: Arnold Issuing IOUs

By: Roy Bleckert

Roy Bleckert — Fri, 22 May 2009 05:28:07 +0000

I wonder if Arnold, Bass, Steinberg, Cogdill and Villines (aka The Big 5) are listening to the taxpayers of Ca. after the defeat of props 1A-E. With the Gann spending caps in place in the 80’s we went from 7th in per-capita spending to 16th, launching our states economic growth for the decade to 121% ,14% over the national average, sadly the Gann spending limits where essentially overturned in 1990 by referendums supported by the public employees. If the Gann spending limits where still in place (which limited yearly budget increases to population plus inflation growth) we would have a 15 billion dollar surplus in the Ca. budget right now. But without those constraints on our politicians they have spent this state into near bankruptcy. Whats next? Arnold standing out on the street corner with a tin cup asking passers by, “brother can you spare a dime”?

By: Stephen Hayes

Stephen Hayes — Thu, 21 May 2009 22:00:14 +0000

Interesting that when companies fail, it is those lousy capitalist CEO’s and their bonuses that are to blame. When whole states go to ruin, who is forced to resign? When Comrade O bails out California, will he fire Arnold? Will he give 53% of the state to the unions? See, politicians rarely pay for their failures. Even when they are voted out, they are supported in retirement by the same people who voted them out. It’s a good system, ain’t it?

By: dobropet

dobropet — Thu, 21 May 2009 16:23:41 +0000

I have four words, “comprehensive annual financial report.”

By: Roger Chaillet

Roger Chaillet — Thu, 21 May 2009 03:18:00 +0000

California has nothing on my dystopian hometown of Washington, D.C.

D.C.’s population is currently around 600,000. A few years ago the municipal payroll was approximately 50,000.

In other words, 1 out of every 10 persons was employed directly by the D.C. government!

Was the money well spent?

Nope. The city still suffered, and still suffers, from impossibly high levels of violent crime, crumbling infrastructure and lousy schools.

Of course Congress had to step in and correct things. Look for the current administration to do the same with California.

BTW, these very same parasites want statehood for D.C.

By: Bob Harrison

Bob Harrison — Wed, 20 May 2009 20:20:33 +0000

California is a microcosm (macrocosm?) of the disaster of a nanny state out of control. [In combination with mass immigration] It starts when the society gets very wealthy and then decides to redistribute its wealth on the basis of 'need'. Eventually, like California, the most productive members of society flee and the neediest move in to absorb government benefits. Then the system goes bankrupt and prints money.

By: Fred Mangels

Fred Mangels — Wed, 20 May 2009 14:09:03 +0000

I don’t know that you’re actually doing it, but I think it’s a bit unfair to only blame The Governator for the mess California is in. This has been building up for some time.

He did try to make some reforms in an earlier election, but got slapped down. After that, he seemed to just want to go along to get along.

And no, I didn’t vote for him. I voted Libertarian.