🚀 go-pugleaf

On Wed, 16 Jun 2010 12:04:11 -0400, tripletask wrote:

> http://www.reuters.com/article/idUSN1510...
> 
> June 15 (Reuters) - California lawmakers will not meet their deadline on
> Tuesday for approving a state budget, which requires closing a shortfall
> of more than $19 billion, a spokeswoman for the state Senate's top
> officer said.
> 
> They will instead work toward having a spending plan together for the
> state's next fiscal year by the time it begins on July 1, said Alicia
> Trost, spokeswoman for Senate President pro Tem Darrell Steinberg, a
> Democrat.
> 
> "The conversations continue. Obviously, we're very aware today is a
> deadline and we take that very seriously, but the most important thing
> is to get a budget right," Trost said.
> 
> Analysts have learned to expect California lawmakers to ignore their
> June 15 deadline for approving budgets. Lawmakers have also routinely
> engaged in often lengthy battles over spending
> 
> Will American taxpayers be forced to bail-out that disgusting
> multicultural disaster?
> 
> cole

What is interesting here is both the bigotry and the economic stupidity.  
The bigotry and fascist pig shit is quite obvious, but the economic 
ignorance and stupidity is less so.  A "bail out" of California or New 
Jersey poses a lot of questions regarding state sovereignty and common 
currency.  It is much the same in the European union but for the "states 
rights" aspect of the supposed "nations" in Europe.  A "nation" or a 
"state" that claims some sort of sovereignty while using a currency not 
its own and unable to enforce its borders and apply tariffs is a joke.

The "bail out" of Greece will not cause income tax increases or vat tax 
increases in the remaining nations unless these nations choose that 
path.  There is no reason to shy away from monetization in this 
particular situation so as to prevent a punishment of the non offending 
middle class in the union.  Bringing it back home to the USA, there is no 
reason for a tax increase on the people of the USA to fund the "bail out" 
of California.  But California must agree to _FIX_ their tax system as a 
prerequisite for any "bail out".  The repayment of a "bail out" must be 
managed as a defacto "nationalization" of the land in California. That is 
to say that an ad valorem tax on land should be used to pay back the 
"bail out". There is really no other way to do it.  You can't get blood 
from a turnip.  In rightarded terms we will foreclose on California, 
taking possession of the state and THEN granting them a long term 
mortgage until the Californians pay back the loan.  It will be 
interesting to see how the Californians deal with this situation. They 
may secede, in which case Mexico may bail them out or they may just 
become another Mexico where the land owners are the nobility and all the 
rest are serfs. 

-- 
"Senate rules don't trump the Constitution" -- http://GreaterVoice.org/60