Posted on 08/10/2017 5:20:08 AM PDT by Kaslin
Corporate profits at California-based transnational corporations such as Apple, Facebook and Google are hitting record highs.
California housing prices from La Jolla to Berkeley along the Pacific Coast can top $1,000 a square foot.
It seems as if all of China is willing to pay premium prices to get their children degreed at Caltech, Berkeley, Stanford, UCLA or USC.
Yet California -- after raising its top income tax rate to 13.3 percent and receiving record revenues -- is still facing a budget deficit of more than $1 billion. There is a much more foreboding state crisis of unfunded liabilities and pension obligations of nearly $1 trillion.
Soon, new gas tax hikes, on top of green mandates, might make California gas the most expensive in the nation, despite the state's huge reserves of untapped oil.
Where does the money go, given that the state's schools and infrastructure rank among America's worst in national surveys?
Illegal immigration over the last 30 years, the exodus of millions of middle-class Californians, and huge wealth concentrated in the L.A. basin and Silicon Valley have turned the state into a medieval manor of knights and peasants, with ever fewer in between.
The strapped middle class continues to flee bad schools, high taxes, rampant crime and poor state services. About one-third of the nation's welfare recipients reside in California. Approximately one-fifth of the state lives below the poverty line. More than a quarter of Californians were not born in the United States.
(Excerpt) Read more at townhall.com ...
But Winter has! Not so in FL. (humor here)
I would add one more word: Democrats
Caleject. I like it!
Hi neighbor!
“From the article: “Like South Carolina residents in 1861, Calexit advocates seem to assume that federal law should apply everywhere else except in California.”
South Carolina and the rest of the secession states wanted to break away from what was..and still is..a suprasized “California” type government, eg the federal government.
“Two words: Illegals and corruption ...
I would add one more word: Democrats “
Its covered by illegals and corruption.
“More than a quarter of Californians were not born in the United States.”
And on a completely unrelated point, 1/3 of Californians want to secede. Wonder why?
Oh bull. CA, as an independent country, would still have first world per capita income.
#CALGONE
Yes it is. A beautiful state, rich in natural resources. Used to have an excellent university system. But the people keep electing nut jobs to Sacramento who keep making things even nuttier. Like an addict, California needs to hit rock bottom before change can come.
And those millions of brain-washed lefties would show up in a State near you voting for the same nonsense that destroyed their state.
California cannot be allowed to secede! The effect would be similar to the mass exodus from the Middle East that is now destroying Europe.
Great map ..... The nuts are in the pink
I’m in the Sane part of the state. If there’s a Calexit the pink needs to do it alone
Thanks; yeah, I think excising the pink tumor from the body of the U.S. would be the best measure. Possession and operation of any and all current U.S. military bases, however, should remain U.S. in our hands, not unlike the continued operation and use of GITMO.
Also... I grew up at the north end of the pink tumor.. in Vallejo.
Re: #CALGONE
Another great one!
Oh bull. CA, as an independent country, would still have first world per capita income.”””
NOT for long. Too many illegals sucking up taxes from those who might be working.
Unsustainable. That is why Calif is in such deep trouble now.
IF the ‘new’ California tried to refuse to continue paying pensions to those who earned them & retired out of state, the scorched earth policy would begin in 5—4—3—2.....
Kalif is not leaving. If it became a separate country then some foreign powers could take over the Naval bases. The US is not giving up its Naval bases.
“Oh bull. CA, as an independent country, would still have first world per capita income.”
Maybe. But, that won’t necessarily be within California’s control. Much depends on how the U.S. decides to structure its relationship with the new California. Keep in mind that pesky little law of “Unintended Consequences”.
What do you think about that? Wouldn't it be ironic if California insisted on the right to secede, and then rejects that right to the red half of the state that wants to split from it and return?
-PJ
I want the whole state to secede. What happens after that is an internal CA problem. I want nothing to complicate things. If a portion secedes from CA they can petition the US congress for state hood like PR and other places have attempted to do.
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