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70 results for the search term: california deficit
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9 US States Join California in Budget Disaster
JICWyllie
by JICWyllie  11-12-2009   
 No Remarks
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Carly Fiorina Enters California Senate Race to Unseat Barbara Boxer
merrie
by merrie  11-5-2009    1
  I feel absolutely great and I am raring to go." True to her word, she wasted no time going directly after Boxer. "Sometimes I wonder whether California even has two U.S. Senators," Fiorina said. "There's Dianne Feinstein and then there's...what's her name?" Fiorina charged that during Boxer's 17 years in Washington, she had passed only three pieces of legislation and written two fiction novels. "What do you say we work together to give Barbara Boxer the chance next year to be a full-time novelist?" The Boxer campaign responded immediately to the assertion that Boxer had not produced meaningful legislation in the Senate. "Fiorina is just plain wrong about the Boxer record. More than 1,000 of Senator Boxer's provisions have been adopted and enacted into law," the campaign said in a statement. During a question and answer session following her speech, Fiorina was asked if she favors term limits. Yes, she said, she favors them and believes Boxer demonstrates why limits
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Travel: 36 hours in Sacramento
Lexica
by Lexica  10-30-2009   
 Too long to clip – click through for the rest, including shopping, dining, wine tasting, at least one bar that serves absinthe, farmers' markets, and bicycling.
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Tea Party Express On the Road Again! October 25 – November 11
merrie
by merrie  10-6-2009   
 This won’t just be a continuation of the tour we just completed. We will be having a lot of special surprises and additions as we grow this effort " and continue the fight against government-run healthcare, Cap & Trade, bailouts, out-of-control deficit spending and the growth in the size and intrusiveness of government. We’ll be publishing the specific itinerary and schedule in the coming days at our website: www.TeaPartyExpress.org For now, here’s the route we’ve planned out " so mark your calendars, spread the news to your friends, and get ready to rock America! If Barack Obama, Nancy Pelosi and Harry Reid thought that after 9/12 we’d just go away and give up well then we have some bad news for them. We’re back, better than ever, and determined to TAKE OUR COUNTRY BACK! Countdown to Judgment Day ----border-to-border, coast-to-coast --- 1 year ahead of the November 2010 congressional elections
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High court says California can't raid transit funds
Lexica
by Lexica  10-2-2009   
 More: In their latest budget action, the governor and the Legislature approved a plan in July to close a $24 billion deficit, in part by siphoning $138 million from the public transit account to the Department of Developmental Services to pay for transporting developmentally disabled persons to regional centers. The July plan also counted on taking $254 million from public transit to repay transportation bond debt payments. In addition, the plan counted on shifting $622 million in transit funds to the general fund to pay for the previous year's debt service. The refusal of the Supreme Court to hear the appeal could push California's precariously balanced budget immediately into the red. Before losing this lawsuit, the state was already $200 million short.
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Social Security Overloaded
mklosinski
by mklosinski  9-27-2009   
 Never fear Obama here. "Tackle Social Security" will probably mean taxing private tax defered retirement accounts.
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Where Pot is Legal
foxyarse
by foxyarse  9-19-2009    3
 California now has more than two hundred thousand physician-sanctioned pot users and hundreds of dispensaries.
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Gee, Nancy, I Wonder Which Works Best: Tax Cuts or 'Stimulus'?
merrie
by merrie  9-4-2009   
 Thursday, September 3, 2009 Video: Dem Rep Pete Stark tells interviewer, “Get the f**k out of here or I’ll throw you out the window” The discussion concerns the national debt: http://theblogprof.blogspot.com/2009/09/video-dem-rep-pete-stark-tells.html theblogprof.blogspot.com
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Boarding up California's beaches
Lexica
by Lexica  9-2-2009   
 Once again, the Chronicle/SFGate's lack of diacritical marks causes trouble. The beach is Año Nuevo, not Ano Nuevo. :rolleyes:
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PV Jumping Conlin
rodneyregala
by rodneyregala  8-28-2009   
 No Remarks
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The Great California Yard Sale
cakebelly
by cakebelly  8-28-2009   
 No Remarks
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Obama "Blind-Date" May Fail By Daniel Henninger
merrie
by merrie  8-7-2009    1
 Here is the biggest confusion, and for many Obama voters it’s reality check No. 2: For years, Democratic politicians said the health-care problem was about “47 million uninsured Americans.” Whatever the merits, many people were willing to do something for those with no health insurance. Suddenly, these voters discovered that ObamaCare is about them. When did that happen? Every policy wonk in America may have known this was always an everybody-into-the-pool proposal, and Mr. Obama has talked himself blue saying people could stay with the insurance they’ve got or the doctor they’ve got, “if you’re happy with that” and don’t like the public option. A lot of people simply don’t believe this. How come? White House adviser David Axelrod said this week, “Our job is to help folks understand how this will help them.” It could be they’ve already thought about that. For many people, the first six Obama months already have been an unsettling Dantesque tour through levels . . . .
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Greetings From California: Letter From a State in Crisis - #deficit #bankruptcy
JICWyllie
by JICWyllie  8-4-2009   
 No Remarks
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Bank Bonus Tab: $33 Billion
billpar
by billpar  7-31-2009   
 No Remarks
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How California Could Turn its IOUs into Dollars
brightlight4
by brightlight4  7-24-2009    2
 The problem was that most banks declined to honor the IOUs, at least after July 24. "They said something about not wanting to enable the dysfunctional state legislature," observed a San Diego Union-Tribune staff writer, "which is kind of funny as the federal government has been enabling the dysfunctional financial sector for almost a year." On July 21, California legislators were strong-armed into a tentative agreement on budget cuts, a forced move that was called "painful" by the Speaker of the Assembly and "devastating" by the executive director of the California State Association of Counties. The cuts involve more job losses, more bleeding of school funds, more closing of facilities. Worse, they will not solve the budget crisis long-term. The state's economy is expected to continue to deteriorate along with its revenues. But without banks to honor the state's IOUs, California has no time to negotiate or explore alternatives. There is no "quick fix," says UCLA Professor Daniel Mit
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Philadelphia Cannot Pay its Bills
DanaGarrett
by DanaGarrett  7-18-2009   
 California is issuing IOUs and Philadelphia cannot pay the vendors it contracts for various services. The inability of local governments to pay their bills also occurred during the Great Depression.
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Budget deficit tops $1 trillion for first time
jay8h
by jay8h  7-14-2009   
 Anyone alarmed or should we continue with the rest of the social programs on the agenda?
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Grim Milestone... US Deficit Passes $1,000,000,000,000 For First Time Ever
merrie
by merrie  7-13-2009    1
 The country's soaring deficits are making Chinese and other foreign buyers of U.S. debt nervous, which could make them reluctant lenders down the road. It could force the Treasury Department to pay higher interest rates to make U.S. debt attractive longer-term. "These are mind boggling numbers," said Sung Won Sohn, an economist at the Smith School of Business at California State University. "Our foreign investors from China and elsewhere are starting to have concerns about not only the value of the dollar but how safe their investments will be in the long run." Fox News How about that Stimulus Bill? Obama will quadruple the US budget deficit his first year in office. And, he wants to spend trillions more for his Obamacare program. Related... Rep. Mike Pence said today that the Stimulus Bill is not working. Yeah, we know. Posted by Gateway Pundit
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California: I.O.Useless
merrie
by merrie  7-8-2009   
 Dorothy Cottrill of the state controller's office inspects IOUs last week. The development is the latest twist in California's struggle to deal with the effects of the recession. After state leaders failed to agree on budget solutions last week, California began issuing IOUs -- or "individual registered warrants" -- to hundreds of thousands of creditors. State Controller John Chiang said that without IOUs, California would run out of cash by July's end.
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The Obama administration is the most fiscally irresponsible in the history of the U.S.
n2sooners
by n2sooners  7-6-2009    15
 No Remarks
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A New 4th of July Declaration of Independence
merrie
by merrie  7-4-2009    1
 They propose, for specious, scientistic purposes, to destroy major mining and manufacturing industries. A political party of foreign ideology such as the Democrat/Socialists, whose character is thus marked by every act which may define a tyrant, is unfit to be the ruler of a free people. The Democrat/Socialist welfare-nanny-state is imposing burdensome new taxes, strangling regulations governing our every-day lives, takeovers of private businesses, and the highest levels of deficit spending and public debt ever imagined in human history. From this will flow either, or both, ravaging inflation and economic stagnation. If we do not revolt and stop this ideological madness, the United States will not survive. We shall become, like present-day California and New York City in 1975, the ward of outside creditors. China, Japan, and other creditor nations will not forever finance our heedless, self-indulgent profligacy. The wages of socialism is economic death.
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Obama Administration Threatens To Seize California Land
merrie
by merrie  7-2-2009   
 No Remarks
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California IOUs, a Sacramento débacle
jcfalkenberg
by jcfalkenberg  7-2-2009   
 Californians should stop voting in a schizofrenic way: enough with lawmakers bent on exactly the same policies voters reject in one referendum after another
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Gov. Schwarzenegger Declares Fiscal Emergency In California
infidel70
by infidel70  7-1-2009    1
 No Remarks
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Deficit forces California to issue IOUs
jay8h
by jay8h  6-30-2009    2
 Is it possible that California now has more "takers" than "givers"? Is this the future of other states that have excessive socialist programs? Is this the future of America as we become more socialistic?
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More Green Shoots: States Turning to Last Resorts in Budget Crisis
etellefs
by etellefs  6-22-2009   
 What now Uncle Sammie?
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California contemplates ultimate reform - no welfare
brumac
by brumac  6-8-2009   
 No Remarks
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California contemplates ultimate reform - no welfare
4ensic
by 4ensic  6-8-2009    1
 To scare folks on the right, they threatened to cut prison funding and schools before the vote. Now they're threatening (?) to cut the welfare program to anger the folks on the left. Get the idea we're all being played no matter what side of the fence we're on?
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Schwarzenegger proposes closing 80 percent of California state parks
rmowery
by rmowery  5-30-2009   
 This is a terrible idea. I can't imagine the negative effect this will have.
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Schwarzenegger: Kill school buses, home care, and stray animals
Lexica
by Lexica  5-29-2009    1
 God forbid we ask the legislators to take a pay cut. Just because they're the ones who got us into this situation, why should they suffer? </sarcasm>
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25 Bay Area parks may close from budget crisis
renerodz
by renerodz  5-28-2009   
 No Remarks
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“This is a big deal”
Efrain Alvarado
by Efrain Alvarado  5-25-2009   
 Pro-lifers elsewhere in California note that Planned Parenthood affiliates in their area also show millions of dollars in revenue, and say they see the state’s deepening financial crisis as an opportune time to cut state spending or defund Planned Parenthood altogether. “This is a big deal,” wrote Edmonds. “We're talking about the nation's largest abortion provider losing 90% of its funding in the State of California.”
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Cannot print money anymore?
pradeepkumar
by pradeepkumar  5-22-2009   
 No Remarks
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Free Republic - California Grinds to a Halt (this state is a microcosm of Obama's domestic policies)
heartlandinstitute
by heartlandinstitute  5-22-2009   
 Blog
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Kaleeforkneeah - Leading the Way to Third World Status
ColoradoRight
by ColoradoRight  5-19-2009   
 of course they also lead the nation in kooks, but at least we can keep most of them in one place to keep an eye on them.
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Obama Offers Security at the Expense of Liberty
merrie
by merrie  5-19-2009    1
 of paying federal income tax and eligible for occasional rebates. As CNN reporter Susan Roesgen said, "Don't you realize that you're eligible for a $400 tax cut?" In other words, take the money and shut up. Which brings to mind Tocqueville's warning: "Every measure which establishes legal charity on a permanent basis and gives to it an administrative form creates thereby a class unproductive and idle, living at the expense of the class which is industrious and given to work." The Obama administration is assiduous in the protection of this administrative class. It offers $6,800,000,000 to the state of California on one hand, and then threatens to take it back because the state cut the pay of public employee union members by $74,000,000. The government gives JPMorgan Chase $25,000,000,000, and then insists that it give up in the Chrysler deal what it would ordinarily receive in bankruptcy proceedings and turn it over to fund the health care benefits of United Auto Worker retirees.
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The Precision Machine Of Raw Power Fueled By Vegtable Juice
merrie
by merrie  5-19-2009   
 But I had no idea Harvey Waxman -- or whatever the hell is name is -- knew how to engineer automobiles... but sign me up for this beauty!
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Union Thugs before State Needs
ColoradoRight
by ColoradoRight  5-14-2009    1
 And just because you have contracts with these employees that allow you to do this (reducing their pay) doesn't matter. Just like Chrysler debt contracts dont matter, and mortgage contracts don't matter. This is a completely lawless administration
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California is a ponzi scheme
Joshua Zumbrun
by Joshua Zumbrun  3-25-2009   
 California is literally a ponzi scheme!!
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California Approves Budget; Taxes Going Up
muckdog
by muckdog  2-20-2009   
 What happens in CA, is that every few year we have a budget crisis that demands that taxes be hiked. Then the money isn't uses for one-time expenses. The money is used for new programs. The new programs grow at a rate faster than CPI plus economic growth. Thus, the state is soon in a "structural deficit." Politicians then raise taxes. Lather. Rinse. Repeat. And that's why the sales tax is now pushing 10-cents and the income taxes are rising to close to 10% for the middle class. Nevada, anyone?
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