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Gov’t Gone Wild! California Defaults on $18.6 Billion Debt, Now Businesses Have to Pay (Reparations Plan In California Could Cost The State Billions)
Confounded Interest ^ | 05/08/2023 | Anthony B. Sanders

Posted on 05/08/2023 5:22:02 AM PDT by Kaiser8408a

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When we will learn that politicians and the corporate media are the enemy?
1 posted on 05/08/2023 5:22:02 AM PDT by Kaiser8408a
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To: Kaiser8408a

It’s time for grown-up to put this “reparations” to bed. Either the Africans are Americans or they aren’t Americans.


2 posted on 05/08/2023 5:27:21 AM PDT by FlingWingFlyer (Since O'Bama was ruling the roost, America has gone from "melting pot" to septic tank of the world.)
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To: Kaiser8408a

>> Now, Gruesome Newsom only default on Covid-related loans. The California municipal bond market is huge and CA has defaulted on those loans …. yet.

Huh? It looks like “confounded interest” has defaulted on its proofreading obligations.


3 posted on 05/08/2023 5:28:47 AM PDT by Nervous Tick (Truth is not hate speech.)
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To: Kaiser8408a

The only thing left to do is to lease the bluest areas of California to the Chinese Communists. They will be so busy consolidating control and keeping order that they won’t have time to think about Taiwan.


4 posted on 05/08/2023 5:29:30 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: Kaiser8408a

June 2021 -

How Did California Find Itself with a $75 Billion “Surplus?”

https://gfrc.uic.edu/how-did-california-find-itself-with-a-75-billion-surplus/


5 posted on 05/08/2023 5:42:11 AM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: Kaiser8408a

Democrats-Destroy-California BUMP


6 posted on 05/08/2023 5:45:43 AM PDT by Pajamajan ( PRAY FOR OUR NATION. Never be a peaceful slave in a new Socialist America)
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To: Kaiser8408a

No one alive in the US is entitled reparations. This is nonsense. Just another movement to separate and divide the people of the US. Why do the Democrats hate Democracy so much? Why do they hate America?


7 posted on 05/08/2023 5:54:14 AM PDT by realcleanguy (quickly things are falling apart, now that the )
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To: realcleanguy
No one alive in the US is entitled reparations. This is nonsense.

Total nonsense.

8 posted on 05/08/2023 5:55:33 AM PDT by 1Old Pro
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To: FlingWingFlyer

As a citizen of a different country, kentucky, I just watch this whole California reparations thing for comic relief. They are like a family where the main wage earner has just lost his job but they’re still trying to go with go through with the purchase of a multi-million dollar home. That is, it isn’t going to happen.

For all intents and purposes, this is a squirrel. And it’s as much fun to watch as it is to watch my dog try to chase squirrels on my property.


9 posted on 05/08/2023 5:56:28 AM PDT by cuban leaf (My prediction: Harris is Spiro Agnew. We'll soon see who becomes Gerald Ford, and our next prez.)
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To: Kaiser8408a

Defund police.
Leave the borders wide open.
Force everyone to buy China dependent lithium/cobalt EV.
Allow Mexican Cartel to set set up shop in the US.
Abort children up to birth
Turn as many children,that got away, into Eunuchs.
Don’t pay back massive loans.

Sounds like Utopia.


10 posted on 05/08/2023 5:57:06 AM PDT by Leep (Hillary will NEVER be president! 😁)
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To: FlingWingFlyer
California doesn't plan to actually pay reparations.

Democrat politicians (i.e., Marxists) are just using this empty promise to buy votes.

Some voters are too emotional and stupid to see that they are just being manipulated by snake oil salesmen and their magic elixirs.

California is gold-rush country after all.


11 posted on 05/08/2023 5:58:25 AM PDT by RoosterRedux (Bonhoeffer: “Silence in the face of evil is evil. Not to speak is to speak. Not to act is to act.”)
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To: Pajamajan

The Democrats know they screwed the pooch on this one. Their only hope is to have a court strike reparations down. Then they can say, “we tried but the courts blocked it. Vote for us and we will keep trying”.

Here is a dirty little secret - The California pension lobby runs that state - there is no way in Hell, they are going to let reparations threaten their gravy train of bloated pensions. Woe to the politician (Democrat or Republican) that does anything to put those pensions at risk.


12 posted on 05/08/2023 6:00:00 AM PDT by Codeflier (My voting days are over. Let it burn...give the people what they want good and hard.)
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To: Kaiser8408a

I just can’t wait until Gavin Newsom is president.. (spit)


13 posted on 05/08/2023 6:02:53 AM PDT by unread ("It's not enough that we do our best; sometimes we have to do what's required." W. Churchill.)
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To: Kaiser8408a

so blacks have no problem with government investigating their background going back to slavery times ? What about the criminals will they still get millions ?


14 posted on 05/08/2023 6:06:58 AM PDT by butlerweave
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To: unread

Gavin just activated the NG to go into San Francisco to help “facilitate” the drug dispensaries where crime has gotten so out of control the police and local government can no longer contain it. Businesses are companies are leaving right and left, and the city is imposing a massive tax on “vacant offices” in order to generate revenue. So buildings are being sold to...drum roll...the Chinese. San Francisco’s crime against residents and businesses is out of control. When is the last time the state activated the NG to same cities in the state? Rodney King riots. That’s how bad it is there now.


15 posted on 05/08/2023 6:17:54 AM PDT by realcleanguy (quickly things are falling apart, now that the )
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To: Kaiser8408a
When we will learn that politicians and the corporate media are the enemy?

About 40 or so years ago. No one would listen then and precious few do today.

16 posted on 05/08/2023 6:20:08 AM PDT by BlackbirdSST (Trump or Bust! Long live the Republic.)
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To: Kaiser8408a

“decision to not pay it back”

So the federal government, (all the US taxpayers) are on the hook to pay it.

This is what they will do with reparations. San Fran will not be able to pay them, and will demand money from the state. The state will demand money from the federal government, and the biden administration will pay.


17 posted on 05/08/2023 6:21:04 AM PDT by I want the USA back (No one is assigned sex at birth. One's sex is noted and recorded. My pronouns Haha, hehe, hoho, hoo )
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To: Kaiser8408a

What will be done in general is get $$ from the Feds to cover any CaCaLand debt. YOU will all pay for it. That was the purpose of the Covid handouts — to cover the 2020 deliberate destruction.

That is the central reason why BeijingBiden had to be installed as Pres — payback.

And, that is why Newsom will be Pres. He will tout this as a win, getting the red states to pay off.


18 posted on 05/08/2023 6:24:08 AM PDT by bobbo666 (Baizuo)
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To: Kaiser8408a

Newsom’s out. He’ll never be POTUS.


19 posted on 05/08/2023 6:27:09 AM PDT by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: FlingWingFlyer

Their citizenship status is the least of all. Not one of them alive today has ever been a slave, and none of the white people have ever enslaved anyone. My family wasn’t even in the United States until just after the Civil War.


20 posted on 05/08/2023 6:33:40 AM PDT by GingisK
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