Skip to comments.
If (CA) voters reject bond, (Props 57 & 58) 'chaos' may NOT ensue!!!
San Diego Tribune ^
| 01/24/04
| Ed Mendel
Posted on 01/24/2004 9:03:38 AM PST by SierraWasp
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-32 next last
Welcome to Armegeddon... NOT!!!
To: SierraWasp
I fearlessly predict that the bond measure will FAIL! The voters want the State to cut spending, and show proof that all has been done to make the State financially responsible, and THEN come back and talk about a bond.
2
posted on
01/24/2004 9:13:55 AM PST
by
Enterprise
("You sit down. You had your say. Now I'm going to have my say.")
To: Jim Robinson; FairOpinion; South40; onyx; Carry_Okie; Ernest_at_the_Beach; farmfriend; ambrose; ...
"If the governor's bond is rejected, the state simply would continue with the budget signed by former Democratic Gov. Gray Davis before he was replaced by Schwarzenegger, a Republican, in an historic recall election last fall."So what we're getting here is "politics as usual" and some here facitiously accuse others of having wanted to retain Davis, or even elect BustedMonte because of out support for a righteous conservative in the Recall.
If what this writer is saying is true and we end up with a Dufus Budget... all the internal catfighting on FR was but a fart in a whirlwind!!! (aka, peeing into the wind)
What an absolute exercise in futility!!!
3
posted on
01/24/2004 9:15:38 AM PST
by
SierraWasp
(America is our house! Throwing open the door to trespassers is wrong and everybody knows it !!!)
Comment #4 Removed by Moderator
To: SierraWasp
How are they going to pay for all the new immigrants who come to do jobs that Americans won't do?
5
posted on
01/24/2004 9:21:37 AM PST
by
junta
To: Baynative
Your astute comment is true, but Arnold has to figure a way out and there are simply two ways... 1. The quick, inexpensive and hard way, or 2. The long and expensive easy way.
I, of course prefer number 1. His sales pitch is nothing but a bunch of fractured fiscal fairy tales and shifts the burden off of voters that made the horrendous mistake of re-electing Dufus Davis, onto future voters/taxpayers.
I didn't support, or vote for Arnold, but I had hoped he wouldn't take the "little girlyman approach" to fiscal matters. I want the "Democrat Government Growth Lovers" punished, and not coddled in this state as an example to the nation of the falacy of tax & spend Liberalism!!!
Is that too much to expect of a "Republican?"
6
posted on
01/24/2004 9:34:48 AM PST
by
SierraWasp
(America is our house! Throwing open the door to trespassers is wrong and everybody knows it !!!)
To: SierraWasp
Refuse to cut spending and then try to circumvent the existing law that was enacted to prevent one generation from passing it's consumption spending liability on to the next generation. Threaten a tax increase and still refuse to cut spending. There's sound fiscal management. </ dripping sarcasm>
7
posted on
01/24/2004 9:38:13 AM PST
by
Mad_Tom_Rackham
("...the right of THE PEOPLE to keep and bear Arms, shall not be infringed.")
To: junta
"How are they going to pay for all the new immigrants who come to do jobs that Americans won't do?"That seems to me to be a FEDERAL ISSUE! We voted as a State on Prop 187 (which was anulled by a Federal Judge) to resolve some of that since Clinton wouldn't either defend our borders, or fund that load on the state's fiscal matters, just so he could "buy" votes for his '96 desperate re-election effort!
Now we have replaced him with a Republican and we're even more screwed and even more hopelessly due to some stupid political expectation that it will help a Republican President get re-elected!!!
Again, is doing the right thing too much to ask from a "Republican?"
8
posted on
01/24/2004 9:43:30 AM PST
by
SierraWasp
(America is our house! Throwing open the door to trespassers is wrong and everybody knows it !!!)
To: Mad_Tom_Rackham
PS: We're doomed.
9
posted on
01/24/2004 9:43:38 AM PST
by
Mad_Tom_Rackham
("...the right of THE PEOPLE to keep and bear Arms, shall not be infringed.")
Comment #10 Removed by Moderator
To: Mad_Tom_Rackham
Yes we are.
11
posted on
01/24/2004 9:50:20 AM PST
by
junta
To: Baynative; Grampa Dave; calcowgirl; AuntB; ScottinSacto
"A real estate crash in the world's 7th largest economy will resonate through out the nation."This is exactly what the NO-GROWTH, NIMBY's, BANANA's, EnvironMentalists, Organic Growers, Hippies stuck in the 60's from Berkeley's "People's Park" movement want!!!
I think Prop 55 is deliberately designed to constitutionally lower the budget approval requirement from 66% to 55% to defeat Prop 13's Dam against exactly the crashing blow to this state you are talking about!!!
Why isn't Arnold campaigning AGAINST THAT? (Talk about your "Armegeddon!")
Again, is that too much to ask of a "Republican?"
12
posted on
01/24/2004 9:54:47 AM PST
by
SierraWasp
(America is our house! Throwing open the door to trespassers is wrong and everybody knows it !!!)
To: Mad_Tom_Rackham
"There's sound fiscal management. </ dripping sarcasm>"I ask again... Is this what we can expect from a "Republican?"
13
posted on
01/24/2004 9:57:17 AM PST
by
SierraWasp
(America is our house! Throwing open the door to trespassers is wrong and everybody knows it !!!)
Comment #14 Removed by Moderator
To: SierraWasp
You didn't really expect the R to mean something did you?
15
posted on
01/24/2004 10:13:25 AM PST
by
farmfriend
( Isaiah 55:10,11)
To: junta
How are they going to pay for all the new immigrants who come to do jobs that Americans won't do? All the illegals should be seized by the State, and sold into slavery. All money raised should be used to reduce the debt.
I'm only joking...I think!?!
To: SierraWasp
From the article: "The $10.7 billion in bonds would be paid off over five years bya half-cent of the existing sales tax. Because bond payments would be appropriated each year by the Legislature, the argument is that it's not long-term debt. "
The trick for our fantasyland politicians is to pick a judge who believes that it depends on what the meaning of the word "is" is. They will probably succeed in finding a judge who believes that a "bond" is not long term debt if one has to decide each year whether to make payments on it. What liberal nonsense.
Thank goodness we have a Republican in the .... Oh, never mind.
To: Cowboy Bob
Correct but 180 degrees off, we are sold into slavery to pay for the liberal addiction. Thanks Dubya (the Jimmy Carter of our era)
18
posted on
01/24/2004 10:26:22 AM PST
by
junta
To: SierraWasp
I guess California going bankrupt is not considered chaos?
To: SierraWasp
I guess the author doesn't like to be bothered by the facts.
Here is what Donna Arduin's analysis and assessment shows:
"The state will still have to borrow to cover its debts if voters do not approve the $15 billion bond measure that is a centerpiece of Gov. Arnold Schwarzenegger's economic plan, Finance Director Donna Arduin told business leaders Thursday.
If the bond measure does not pass, the state would not have time to either cut spending or raise taxes before $14 billion in short-term debt comes due in June, Arduin told a California Chamber of Commerce luncheon crowd.
The state would probably have to roll over the debt by issuing more short-term bonds, which is what Schwarzenegger hopes to avoid by using the one-time, $15 billion bond to pay off past deficits, she said.
"Rather than having the kind of borrowing that's usually done in California, we're asking for voter approval, and we're asking to do it in a way that will have the most market strength," Arduin told reporters afterward. "We're also putting language in front of voters that says this will never happen again."
http://www.sacbee.com/content/politics/story/8109875p-9042119c.html
Navigation: use the links below to view more comments.
first 1-20, 21-32 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson