Posted on 07/03/2007 9:08:41 PM PDT by NormsRevenge
ROFL!
I don’t think I can write it here. ;-)
That’s very disturbing. I guess the supporters of state Sen. Tom McClintock for governor (in the recall) — people who got a lot of abuse from some quarters of FreeRepublic — can now say “I told you so,” but that’s small consolation when one’s state is going down the drain.
If “post partisan” means conservatives surrender, does that mean “post-street-fight” means one guy lets the other guy kick him mercilessly without putting up any defense?
1) Dramatically increased spending
2) Set both state and national records for borrowing
3) Has either deferred payment or refused to recognize significant, long term liabilities.
4) Has dramatically increased per capita taxation on California residents
5) Has announced plans to tax Californians twice for basic services through fascism
6) Has entered into treaties with foreign/sovereign governments supported by domestic taxation.
Schwarzenegger has been, by any measure, the worst governor in the modern era of California. Worse than Warren, the Browns, Wilson or Davis.
I suppose a CWA member would be nice about it.
I don’t think you can take your state retirement before 50.
I am unfamiliar with the federal retirement system.
Maybe they should let Arnold go with the bonds, so the big spending doesn’t have to be paid for through higher taxes today. Let the next generation worry about it.
:) ....even then, my 'source/recollections' were (31+yr.) outdated. :O
freedomdefender asks: "What does this mean for Arnold? Will he now have to start acting like a Republican on budget issues?"
REPLY This could be VERY serious for Arnie, Democratic leaders, and CalPERS; actually it could be a VERY BIG CRIME.
As an example, one state government (in New Jersey) is currently under federal investigation b/c it is alleged the state government misled taxpayers (and tax-exempt investors) about the whereabouts of New Jersey state pension fund contributions (and tax-exempt monies raised through selling tax-exempt bonds). It is further alleged that the state DIVERTED tax-exempt monies meant for the pension fund to other areas, without the knowledge and consent of voters or tax-exempt investors.
==================================================
Now the SEC, the DOJ, and the IRS, does not like to hear that taxes (and tax-exempt monies) were used inappropriately.
Concerns about the use of Cali taxes and tax-exempt monies may be forwarded to the following:
CONTACT THE DOJ EMAIL AskDOJ@USdoj.gov
CONTACT THE SEC EMAIL enforcement@SEC.gov
CONTACT THE IRS (remain anonymous if you wish).
PHONE TOLL FREE 1-800-829-0433
=======================================
NOTE Forcing taxpayers to underwrite crimes against the state without their knowledge or consent is second-degree coercion, and should be prosecuted at once.
Hmmm, They can do that.....go after state government? ....the worm has turned.
Silly girl.
There are no crimes in America exception being conservative, Christian or a real Jew.
You can be innocent of any crime and could go to jail like Libby would have if you are part of the administration.
Heheh——that’s so true.
It’s just that I believe the crimes they know they are deliberately breaking are not the crimes they should be prosecuted for.
Good summary!
I would add to the list 1) Multi-million dollar conservancies to institute regional governance (i.e. Sierra Nevada Conservancy), 2) Subsidization of otherwise non-viable private enterprises (solar roofs, stem-cell research, etc.), and 3) a global-warming regulation scheme to implement a cap-and-trade program under the guise of environmentalism.
But I still think the biggest misdeed will come in the form of Public Private Partnerships (P3). Arnie needs cash to solve the deficit problem. (It is a point to ponder whether his increased spending and maxed out borrowing were actually designed to put the state in just this position—a position where the legislature and citizens will be more willing to accept the influx of private capital in lieu of a tax increase.) As such, I think he will not only be looking to toll-roads and financing arrangements like the Trans-Texas Corridor for new highways, but will be looking to give the rights of operation of schools and public housing to private interests in return for one-time, upfront cash. Schwarzenegger supporters like Michael Milken and Richard Riordan moved into the education business some time ago and I anticipate a rather big move. In these privitization schemes, there are a huge number of possibilities. Having people like Leon Panetta as an “informal” advisor don’t give me much peace of mind, either.
As to fascism, I agree. Did you ever read this paper? A “must read,” IMO.
http://www.freerepublic.com/focus/f-news/1737746/posts
PUBLIC-PRIVATE PARTNERSHIPS, THE UNDERMINING OF FREE ENTERPRISE,-EMERGENCE OF “SOFT FASCISM”
The governors have tried every manipulation in the buidget situation including Davis and Arnold. The recent increase in tax revenue is like giving drugs to an addict. Now they want medical coverage for everybody who has at least one-foot in the state. We're already spending an estimated $10 billion annually on services for illegals.
These court cases may be a slap in the face. It could be painful, but I don't know what our democrat legislators would do except raise taxes.
I don’t think we can sue the state for damages, but I think you can seek injunctions against unconstitutional practices based on the state constitution.
Did you ever read the SacBee series of investigative reporting on the pension scams in the law enforcement arena? There was widespread abuse, but they didn't consider it abuse. It became a normal practice. Whether it be increasing overtime pay in the last years of service to beef up the base for computing pension, or moving the individual to a high-paying post for his last years, it was quite eye-opening. Many of these actions resulted in individuals receiving close to 100% of their base pay as pension income.
Here is one link, but there are many, many more articles in the sidebar.
;-)
I think the formula is now based upon “normal” salary without OT. I am retired now and not up to date on the latest. But I did remember the Bee articles. I lived in Sacto for 17 years.
Here’s a novel idea: Reduce spending!
Don’t blame me; I supported Tom McClintock.
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