Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

California Screamin’
Cowboy Confessional ^ | 5/17/2009 | Guy Smith

Posted on 05/17/2009 1:06:48 PM PDT by guyshomenet

The end of Washington’s spending spree may soon come thanks to incautious California.

The day care center known as the California Legislature has led the State of Disaster to fiscal ruin. So bad is the situation here in the Shaky State that politicians - unable to balance the budget without bankrupting the taxpayers - rigged a series of ballot propositions to do jigger the books.

...

Odds of these ballot measures passing is slightly below Hell’s sixth ring. If they fail, California’s $42 billion shortage combined with its junk bond rating would likely push the Land of Fruits and Nuts into bankruptcy, an outcome for which more than a few folk are openly rooting.

...

Bill Lockyer, California’s current Treasurer, gives other trolls a bad name. I encountered Bill years ago when he horded the state’s Attorney General’s office. I briefly debated him on the constitutional basis for gun control. Despite his being a lawyer and me being an autodidact, it quickly became obvious that he was incapable of performing his job or perhaps cleaning himself properly after visiting the little dictators’ room.

...

Lockyer has written to Timothy Geithner, a Keystone Cop masquerading as the U.S. Treasury Secretary. Without the shame common to common prostitutes, Lockyer began the pocket picking process, extending his rather greasy palm into the pockets of taxpayers from coast to coast

...

Given America’s general distrust of California, you can expect a backlash.

...

If the Obama Bunch backs Bill Lockyer in this misappropriation, it will backfire. Tea Parties were tepid compared to the pummeling politicians would receive over this intergovernmental slush fund.

(Excerpt) Read more at guysmith.org ...


TOPICS: Business/Economy; Editorial; Front Page News; News/Current Events; Politics/Elections; US: California
KEYWORDS: bailout; budget; calbudget; california; calinitiatives; callegislature; prop1abcdef; propositions; thecomingdepression
Navigation: use the links below to view more comments.
first previous 1-2021-4041-58 next last
To: guyshomenet
Rebellion is Brewing!!

Tea Party Express


21 posted on 05/17/2009 1:55:02 PM PDT by Jim Robinson (Rebellion is Brewing!! Taxpayer March on DC 09.12.09!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: guyshomenet
“I am writing today to ask that you authorize extending TARP assistance to the State of California,”

‘TARP’, you will recall stands for ‘Troubled Asset Relief Program.’ Indeed California is troubled … in the psychiatric sense. Yet classifying Cal as an ‘asset’ will irk anyone east of the Sierra Nevadas. More to the point, TARP was established to soak-up toxic loans and other real property. Congress never intended for this loot to be lobbed at other governments.

snip....

This should be very, very interesting. Hard to imagine Congress making money available to bail out California. Not that most democrats would not have a problem doing it under cover of darkness in secret, with a binding resolution to appease their master overlord Obama Union thugs

Even the sycophant media would report it, the backlash would be popcorn time

22 posted on 05/17/2009 2:02:03 PM PDT by Popman
[ Post Reply | Private Reply | To 1 | View Replies]

To: joesjane

We have been taxed without representation for some time now.


23 posted on 05/17/2009 2:10:16 PM PDT by MantillaMilitant
[ Post Reply | Private Reply | To 20 | View Replies]

To: MantillaMilitant

Well it is really starting to piss me off! I’m just sayin’


24 posted on 05/17/2009 2:13:39 PM PDT by joesjane (The strength of the pack is the wolf - Rudyard Kipling)
[ Post Reply | Private Reply | To 23 | View Replies]

To: guyshomenet

We (the taxpayers) bailed out GM and they’re gonna file bankruptcy.

We (the taxpayers) bailed out Chrysler and they have filed for bankruptcy.

It will feel so good when we (the taxpayers) stop beating our heads against the wall.

I know, I know, Kali is “too big to fail.”


25 posted on 05/17/2009 2:14:21 PM PDT by upchuck (Psalm 109:8 - Let his days be few; and let another take his office.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: guyshomenet

Good stuff.


26 posted on 05/17/2009 2:16:19 PM PDT by doug from upland (10 million views of .HILLARY! UNCENSORED - put some ice on it, witch)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lazamataz

If America is a body, California is the a&&.

And San Francisco, the sphincter. Home of Pelosi. Not a coincidence.


27 posted on 05/17/2009 2:21:06 PM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: calcowgirl; ElkGroveDan; SierraWasp; ExTexasRedhead

The California Nightmare ping


28 posted on 05/17/2009 2:29:07 PM PDT by Clintonfatigued (The McCain/Palin ticket was like a Kangaroo, stronger on the bottom than at the top)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Brilliant

How can big govt. get a bailout from the private sector when big govt. is putting more and more of the private sector out of business? The bamster has created a financial death spiral that will get smaller and smaller until it collapses. OH BOY, I am SOOO glad we elected a community organizer. Does he even balance his own checkbook? I seriously doubt it.
EDUCATED WAY BEYOND HIS INTELLEGENCE.


29 posted on 05/17/2009 2:32:08 PM PDT by Texas resident (Older but smarter)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Lazamataz

And it’s on some one-lane bridge in Tennessee. (I know, because I’m here) Sheesh


30 posted on 05/17/2009 2:47:45 PM PDT by eyedigress
[ Post Reply | Private Reply | To 7 | View Replies]

To: Texas resident

OK - California goes Bankrupt. And it becomes politically hard for Obama to bail them out.

What happens in California? Do all the services stop at once? How can this relate to eh mess in DC. Do you think that John Q Public can see thru the fog and se how this relates to the nation in general?


31 posted on 05/17/2009 2:49:01 PM PDT by TheShaz
[ Post Reply | Private Reply | To 29 | View Replies]

To: Lazamataz

It’s psychosis. Obama is in over his head but doesn’t want to lose face by resigning in disgrace and I don’t think Biden would like losing his posh position.


32 posted on 05/17/2009 3:07:27 PM PDT by Niuhuru
[ Post Reply | Private Reply | To 7 | View Replies]

To: guyshomenet
I think all the blue states will get bailouts. Obama and his Congress are as looney and radical as your leglistraters! We are all nuts and fruit cake now!
33 posted on 05/17/2009 3:14:11 PM PDT by SaraJohnson
[ Post Reply | Private Reply | To 1 | View Replies]

To: TheShaz

If the services in California are supplied by the Federal taxpayer and US government, that means that the California electorate and government are not sovereign. The way to legitimize this would be for California to return to territorial status, with a non-sovereign territorial legislature, no Senator, and one non-voting delegate in the House of Representatives.


34 posted on 05/17/2009 3:15:24 PM PDT by Lucius Cornelius Sulla ("men of intemperate minds cannot be free. Their passions forge their fetters." -- Edmund Burke)
[ Post Reply | Private Reply | To 31 | View Replies]

To: guyshomenet
It's time to VOTE CALIFORNIA OFF THE ISLAND!
35 posted on 05/17/2009 3:18:49 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TheShaz

“Too big to fail”


36 posted on 05/17/2009 3:23:19 PM PDT by GVnana
[ Post Reply | Private Reply | To 31 | View Replies]

To: Lucius Cornelius Sulla; holdonnow; Congressman Billybob; Jim Robinson
Ping to post #34 this thread.

What do you think? Given that municipal bonds are not subject to Federal Tax, is it lawful or Constitutional for the Feds to assume the debts and obligations *of* a state?

Disclaimer: Dammit, I'm a Physicist, not a Lawyer, Spock!

Cheers!

37 posted on 05/17/2009 3:28:11 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
[ Post Reply | Private Reply | To 34 | View Replies]

To: Jim Robinson
... robbing us blind!!

During the peak of the gas prices last year, I saw this: Guy pulls into the gas pump aisle next to me with a new long and huge bus-type camper towing a beautiful ski-boat-yacht.

He gets out and starts operating both pumps. One for the boat the other for his rig.

He turns and faces me and he's wearing a dark tee-shirt with a fire department logo and large letters "LAFD."

And just below that was one more line, a little smaller, "retired"

38 posted on 05/17/2009 3:34:46 PM PDT by 386wt (Striving to be as good as my dog thinks I am.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: guyshomenet

I heard legalizing drugs would fix everything... /s


39 posted on 05/17/2009 3:35:27 PM PDT by NotSoModerate
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jim Robinson
"Fire the unions! Why should we allow our public “servants” to organize against us? They’re robbing us blind!!"

Just once, I would like someone to explicate the reasoning, if any, behind the distinction being made by the political class between public sector unions and garden-variety criminal conspiracies against the taxpayer.

These organizations have no redeeming societal features, whatsoever - unless one counts as a social benefit that the lowest sort of characters are attracted to these sinecures, and the better sort of person can therefore mostly avoid them by avoiding government offices as much as possible.

There's something to that, I reckon.

40 posted on 05/17/2009 3:52:59 PM PDT by headsonpikes (Genocide is the highest sacrament of socialism.)
[ Post Reply | Private Reply | To 13 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-58 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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson