California may seek Treasury financing

[Dinner]

Originally posted by DinoDoc
I blame CA voters who keep voting to explode your budget.

That is part of the problem. Once these stupid propositions pass they're virtually impossible to repeal and you have the problem that anti tax people keep passing propositions to lower taxes while also voting on propositions which require new spending. That can't continue forever.

People seem to think, beyond all reason, that the government has unlimited money for every pet project but that they shouldn't have to pay any taxes. It's stupid.

[DinoDoc]

Originally posted by Oerdin
Mississippi, Alabama... It's all dumb****astan.

My state isn't insolvent and asking for an economic bailout due in large part to the stupidity of its voters. Which state belongs to dumb****astan again?

[Dinner]

Originally posted by Kidicious


MISS (1.77)?

Yeah Mississippi is a giant welfare case. They get back $1.77 for every $1 in taxes they spend. I say the rednecks should pay for their own damn bridges and stop sponging off of us.

[Dinner]

Originally posted by DinoDoc
My state isn't insolvent and asking for an economic bailout due in large part to the stupidity of its voters. Which state belongs to dumb****astan again?

The state isn't insolvent and can easily pay it's bills. Not surprisingly though the Republican governor is trying to talk the state's large number of Congressmen into demanding free money from the Federal government in exchange for agreeing to the Wall St bailout. A bailout we'll likely have to pay for more then most other states.

Yes, it is extortion but politicians excel at extortion.

[Zkribbler]

Originally posted by Oerdin

People seem to think, beyond all reason, that the government has unlimited money for every pet project but that they shouldn't have to pay any taxes. It's stupid.

There was a survey taken a year or two ago in California. Californians wanted no higher taxes but they wanted more spending on education, health care, police, fire fighting, roads, infrastructure, parks, etc., etc., etc. ...and in fact everything except prisons.

We have met the enemy and he is us.

[Dinner]

Originally posted by Zkribbler


There was a survey taken a year or two ago in California. Californians wanted no higher taxes but they wanted more spending on education, health care, police, fire fighting, roads, infrastructure, parks, etc., etc., etc. ...and in fact everything except prisons.

We have met the enemy and he is us.

Arnold has apparently decided it is easier to attempt to extort money out of the Feds then to deal with the squabbling statehouse. "Give me money or we'll make sure your bailout doesn't happen."

[Kidlicious]

Originally posted by DinoDoc
My state isn't insolvent and asking for an economic bailout due in large part to the stupidity of its voters. Which state belongs to dumb****astan again?

I guess you don't need bailouts when you are regularly subsidized.

[SlowwHand]

Originally posted by Oerdin


Yeah Mississippi is a giant welfare case. They get back $1.77 for every $1 in taxes they spend. I say the rednecks should pay for their own damn bridges and stop sponging off of us.

I say you should go back to your rock hounding, Mr. Pot.

[Dinner]

What dumb****astan is like from the eyes of BBC's Top Gear crew.

[Kidlicious]

Originally posted by SlowwHand


I say you should go back to your rock hounding, Mr. Pot.

If you needed money wouldn't you go to the person who you've been giving money away to for it?

[Dinner]

Originally posted by SlowwHand


I say you should go back to your rock hounding, Mr. Pot.

Today is a slow day at work. Not much to do so I'm surfing the net and waiting for the clock to say it's time to go home.

[Imran Siddiqui]

Originally posted by Oerdin
Yes, it is extortion but politicians excel at extortion.

And then you yell about MS getting more for its $... anyone else see the irony?

[Dinner]

http://news.bbc.co.uk/2/hi/business/7651060.stm

Well... There just went our biggest bargaining chip.

[Dinner]

Double post due to Poly's crappy server.

[Dinner]

Originally posted by Imran Siddiqui


And then you yell about MS getting more for its $... anyone else see the irony?

I'm not pissed off per say I just like rubbing it in their faces when they get uppity.

Besides $7 billion really isn't **** to a state with over a $1.7 trillion GDP (as of 2006). I still wish they would balance the damn budget but the state's budget is actually in pretty good shape compared to the Federal budget which is now going to have a $1.2 trillion yearly budget deficit.

That's bigger then the GDP of Spain which is the world's 8th largest economy!

Oh, and even if we got an additional $7 billion this year we'd still be far, far, far the biggest net taxpaying state in the union so suck it. Comparing us to a place like Mississippi.