CHUCKfromCAL said: "They let Davis screw California up for five years and they still wanted him to stay longer - but they won't give Arnold a month."
There may be many who voted for Arnold who "let" Davis screw Kalifornia, but I doubt that there are many who voted for McClintock who let Davis do anything.
As for giving Arnold a month, why do you ask that from us? Is there some "secret sauce" which is going to make borrowing $15 billion suddenly palatable?
I was in support of challenging the legality of Davis' "deficit bonds" and hoped that the voters would reject a replacement bond issue if it came to that.
Now that Arnold is going down a similar track, I support the challenging of the legality of the "deficit bonds" and hope that voters will reject a replacement bond issue.
The backlash which has caused the legislature to repeal the drivers licenses for illegals was probably going to happen without Arnold. The same might have been true of the car taxes. Several more months of calamitously depressed auto sales might have done the trick.
The fiscal train wreck which is Kalifornia continues down the track. Arnold is "driving" but not much else has changed.
Reinstating reduced VLF without continuing backfill payments to counties for lost revenue is causing a crisis in County government. Without immediate action by legislators and Governor, cities and counties will receive significantly reduced Vehicle License Fee Revenues beginning December 10, 2003. Payments could be reduced by more than two-thirds or more than $300 million per month.
VLF payments constitute an average of between 17 and 25 percent of city and county general purpose revenues respectively. The General fund is the primary revenue for the Sheriff, D.A., Fire, Assessor, Auditor, Clerk, Recorder, Probation and Administration. Another 25% cut in our General Fund will endanger public health and safety.
Governor Schwarzenegger and the Legislature must keep the promise to backfill revenues that the State has diverted from the Counties and cities.
The secret sauce is the tax increase coming soon to pay off the bond with the hefty interest.