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Schwarzenegger declares fiscal emergency
SFGate.com ^ | December 1, 2008 | JULIET WILLIAMS

Posted on 12/02/2008 7:26:55 AM PST by Oyarsa

click here to read article


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To: Oyarsa
Schwarzenegger declares....

That's about all he does.

21 posted on 12/02/2008 7:55:25 AM PST by onedoug
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To: Oyarsa

It sure makes his massive spending on stem cell research and so-called clean technology look ridiculous.

I’ve got a prediction! He won’t cut either of those programs.


22 posted on 12/02/2008 7:58:45 AM PST by Vanbasten
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To: Oyarsa

Get to work??? Doing what? Devising more socialist pc programs and spending money? Better they go home and don’t work. That will save a lot.


23 posted on 12/02/2008 8:03:13 AM PST by screaminsunshine (.)
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To: Eric in the Ozarks

Cut every state agency budget by 5 percent. Do it again.

that’s really not the right approach. Some agencies should be cut by 100% while others should be increased (police in Oakland, fire fighters in Orange County)


24 posted on 12/02/2008 8:08:26 AM PST by ari-freedom (Conservatives solve problems. Libertarians ignore problems. Liberals create problems.)
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To: Frantzie

the WSJ are libertarians...except for their support for the $700 billion bailout.


25 posted on 12/02/2008 8:10:45 AM PST by ari-freedom (Conservatives solve problems. Libertarians ignore problems. Liberals create problems.)
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To: Oyarsa

Why anyone lives in Kalifornistan is beyond me. Sure, theres some beautiful scenery, but that’s not enough.


26 posted on 12/02/2008 8:19:57 AM PST by Sig Sauer P220 (The White House may have changed, but there's still the Cracker Barrel.)
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To: ari-freedom

You know, they used to lock everyone in a room until a Pope was chosen. The only time the door was opened was to let food in. They are acting like spoiled brats so therefore treat them as such.

I’m in my 20’s and have been really into politics for the last 7 years. Has it always been like this or has it just snow balled into this cluster f*** of a situation?


27 posted on 12/02/2008 8:33:19 AM PST by cups
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To: All

Hmmm....a state that is a mecca of liberal ideas with no responsibility when it comes to spending. I’m sorry, but I do not feel sorry for them.

I love Jerry Doyle’s sound clip of Arnold saying something like, “it wouldn’t cost much to help us out, maybe 5 billion a year”. A billion is a LOT of money!


28 posted on 12/02/2008 8:45:01 AM PST by excalibur1701
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To: camle
declaring a fiscal emergency is merely a tactic in order to gain enough public support to raise taxes on the people.

I'm not disagreeing, but the "fiscal emergency" process is also the beginning of a procedure laid out in Prop 58 (a constitutional amendment passed in March 2004), which gives authority to make mid-year spending cuts. Arnie sold it to the public as the "California Balanced Budget Act" to justify his first major act in office of floating $15 billion in bonds to pay day to day operating expenses of state government.

cutting spending never occurs to these folk.

Yep. Despite the authority to make cuts, I doubt we'll see anything other than pleas to Washington for a bailout and Arnold dissing pubbies for not going along with his tax increases (along with a lot of whining from the leftist orgs on why we can't cut their favorite programs.)

29 posted on 12/02/2008 9:58:12 AM PST by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: Dilbert San Diego
Was the budget really balanced to start with in September?

Of course it wasn't. Every analysis that was performed at the time said it was just smoke and mirrors--business as usual. But now they can turn around and blame it on "the economy" or "the global economy" (which, of course, could not be predicted and only went south when Paulson got in front of a podium. /s) and beg for a federal bailout. AIG, Citigroup--why not California? But that still won't be enough to satiate their addiction to OPM--they'll raise taxes, too!

30 posted on 12/02/2008 10:05:39 AM PST by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: Vanbasten
It sure makes his massive spending on stem cell research and so-called clean technology look ridiculous. I’ve got a prediction! He won’t cut either of those programs.

I'm assuming the $1/2 billion we spend on Arnold's "After School Programs" will also be off-the-table. Government baby-sitting is a critical program, ya know?

31 posted on 12/02/2008 10:08:47 AM PST by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: calcowgirl

lol

He won’t cut that either.

I wonder if he’ll last much longer in Cali. He’s a likeable guy; I just don’t like his politics.


32 posted on 12/02/2008 10:30:46 AM PST by Vanbasten
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To: Vanbasten
He’s a likeable guy; I just don’t like his politics.

Agree about the politics. As to likeable, I think he's a media creation, with script in hand 90% of the time. It's hard to find anything authentic in there to like.

33 posted on 12/02/2008 10:48:28 AM PST by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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