Schwarzenegger Presents Vision for California

FoxNews ^ | Aug. 20, 2003 | FoxNews & AP

[TheAngryClam]

And with that, you just made having ulta liberal, tax loving, proposition 13 hating Warren Buffett a good point of Arnold's campaign.

War is Peace.
Freedom is Slavery.
Ignorance is Strength.

[FairOpinion]

BONDS, BONDS, BONDS

He is going to sell CA bonds and Buffett is going to buy them, to raise revenue, until they figure out what is the long term solution.

[deport]

Do you as a staunch conservative Reagan supporter believe every little line you read in the news media. They make mistakes just like the average human. Here's another with quotation marks....

Does this mean we are going to make cuts, yes.

Schwarzenegger said, "We must have a constitutional spending cap and must immediately attack operating deficits head on. Does this mean we are going to make cuts, yes. Does this mean education is on table, no. Does this mean I am willing to raise taxes? No. Additional taxes are the last burden we need to put on the backs of the citizens and businesses of California."

[searchandrecovery]

>>What does he plan to do then? Invade and sack Oregon?
LOL!

>Hmmm... and then, once Oregon is ours, Washington is just next door... and then... and then... O, CANADA!!!
After that there's always Southern California (aka Mexico). Wouldn't that be a hoot!

[Lizavetta]

What I can't take is wifey-poo always tossing her hair back! It seems like every few seconds!!

What I don't understand is, with all the Kennedy money, why didn't they ever get their teeth fixed? All of them seem to have overbites that could fell a redwood.

[FairOpinion]

"he wants to come up with savings in the existing budget"

--
What do you think this is if not cutting spending. Point is he doesn't want to just cut spending willy nilly, or across the board, he wants to look at everything, see where there may be solutions with doing things more efficiently, etc.

He is approaching this smartly, like a businessman, not a politician.

[TheDon]

"Before the carping begins about the need for the 25-point plan on each one of these items, let me make clear that these problems that I just mentioned were not created in two weeks, nor will we be able to solve them in two weeks. And anybody that is out there telling the people of California otherwise are just a typical politician," he said.

I was just thinking the same thing about his competition, both Demorat and Republican.

[Paulus Invictus]

My Bro-in-law has 8 kids, 6 with cars, so they have 8 cars in the family. If they don't reduce the car insurance to former levels, they will leave CA along with their company, a big employer. By the way, they need the cars for jobs they have in various parts of town. In CA, an employee without a car, is soon without a job.

[Republican Red]

said that he would not raise taxes or cut spending to do it.

I saw most of the Q & A session following his speech. He did NOT say he would not cut spending. This reporter is showing that famous liberal bias again.

He said he couldn't give details and specifics without credible data. He said the budget is in such disaray that three of four of his financial experts all came to differing conclusions on what the actual deficit had become.

He said that once he was in office he would instigate a 60 day audit (outside audit team) to determine where he could best cut. Without solid data he couldn't comment on what he could or couldn't cut.

[deport]

Another article......

Schwarzenegger Reveals Fiscal Policies for Calif.
Wed August 20, 2003 05:39 PM ET

By Dan Whitcomb and Gina Keating

LOS ANGELES (Reuters) - With a veteran diplomat and a business legend at his side, actor-turned-politician Arnold Schwarzenegger on Wednesday pledged that if elected governor he would teach California bureaucrats what his six-year-old already knows: Don't spend more than you have.

Laying down his economic stands for the first time since declaring he was a candidate in the Oct. 7 recall, Schwarzenegger used humor and example to declare that he opposed raising taxes, favored a cap on government spending and planned an audit of the state's tangled finances if elected.

Schwarzenegger is one of 135 candidates vying to replace Gov. Gray Davis should voters decide to recall him in the unprecedented recall election. Although he has not a day's experience in political office, polls show the Terminator series star as one of the most popular candidates.

"The people of California are under (the yoke of) tax. From the time they flush their toilet in the morning, they are taxed .... Even when they go to bed, they have the fear that they will be taxed while they sleep," he told reporters at a news conference that followed an economic summit he held with 20 top business and academic leaders, including former Secretary of State George Shultz and billionaire investor Warren Buffett.

Meanwhile, a federal judge in Los Angeles on Wednesday refused an American Civil Liberties Union request to delay the recall election, thus removing a major hurdle to the vote. ACLU attorneys had argued voters in Los Angeles and five other counties would be disenfranchised because they would still be using error-prone punch-card machines.

SPENDING CUTS, YES; TAX HIKES, NO

Buffett, a Democrat who thinks California needs a radical change in leadership, got in trouble last week when he signed on as a Schwarzenegger adviser and suggested that the state's Proposition 13, which limited property tax increases, be revised.

"I told Warren if he mentioned Proposition 13 one more time, he has to do 500 sit-ups," the actor said, tossing Buffett a friendly but menacing stare. Buffett smiled and moved his hands in a fashion that said, "Never again."

Shultz, who served as secretary of state for actor turned politician Ronald Reagan, said he was impressed by Schwarzenegger .

"I saw this man sit with a diverse group bearing opinions and he listened to them in an active way -- I saw him do that and then I'm sitting next to him and watched him and I see he is making his mind up. He'll listen and then he'll decide. I like what I hear ... I am delighted to be here supporting Arnold Schwarzenegger."

Schwarzenegger said, "We must have a constitutional spending cap and must immediately attack operating deficits head on. Does this mean we are going to make cuts, yes. Does this mean education is on table, no. Does this mean I am willing to raise taxes? No. Additional taxes are the last burden we need to put on the backs of the citizens and businesses of California."

He added that he wanted to bring back a business environment and revenues, "the way it was in 1968 (when) people would say 'I cannot wait to get to California."'

He also said he anticipated no problems getting on with the Democrats who have the majorities in both houses of the legislature. "I have lived with a Democrat for 17 years," he said, referring to his wife, Maria Shriver, a member of the Kennedy family.

Schwarzenegger has come under fire from critics for so far being vague and platitudinous in the campaign and his news conference on Wednesday was his most detailed discussion yet of his views.

As for the summit, Walsh rejected any notion that it was a staged event. "Warren Buffett and George Shultz are not a photo opportunity. They are brilliant minds with decades of experience."

Meanwhile, Davis told a radio interviewer that he stood by his charge made in a major speech Tuesday night that the recall was "a right-wing power grab" even though neither Schwarzenegger nor Democratic Lt. Gov. Cruz Bustamante were conservatives.

He added, "... this recall is bigger than California. It's an effort by Republicans to seize control in elections they couldn't win. It started with President Clinton; when they couldn't beat him in '96 they tried to impeach him in '98. We saw them stop the vote count in 2000 when it looked like Al Gore might win Florida. (Additional reporting by Michael Kahn and Arthur Spiegelman)

[habs4ever]

New England thriftiness explains why they don't pay to get their chompers fixed.They spend their money of food, booze,drugs and bimbos.

[habs4ever]

Arnie had a good day and was very reassuring.I think he knows his stuff :)

[lilylangtree]

Heard the last 15 minutes of Termite. Wasn't impressed. He's still what he is--RAT calling himself a PUB without the ideals or spirit of PUBs. Kept thinking not raise taxes nor cut spending, he doesn't have a plan.

[kellynla]

The first rule to learn when you are in a hole. STOP DIGGING! If you want to know a solution of how to balance the budget I suggest you go to http://www.tommcclintock.com and there you will be informed on how to balance the budget and do so without BONDS(which with CA's less than sterling credit rating would be classified as JUNK and prolonging the inevitable plus interest) OR HIGHER TAXES & FEES!

[Finny]

But, Schwarzenegger, who is seeking to replace Democratic Gov. Gray Davis (search) in an Oct. 7 recall election, said that he would not raise taxes or cut spending to do it.

This is incorrect reporting, either deliberate or out of stupidity. I JUST FINISHED listening to audio of Arnold telling reporters today that cuts will be necessary, mentioning that old saying of doctors, that sometimes you have to cut something off to save the patient.

[RGSpincich]

"he said he would not raise taxes or cut spending to do it?"

That's not what he said but do allow the media to do your (you have lots of company) thinking for you when it fits your agenda.

[kellynla]

Read the article. That's what the article says!

[Reagan Man]

This is what I believe, mister wishy-washy moderate.

California is in awful economic condition and if Arnold is a fiscal conservative, he would be for slashing spending across the board and like PresBush did for working American's, he would support reducing the tax burden on working Californian's.

Prior to his rhetoric today, Arnold has said, he will work to get California out of the red, so its social welfare programs will run more effectively and efficiently. That's called highminded liberalism. Arnold has also said, he wants to bring businesses back to California, so the states tax revenues will increase and its social welfare programs will have the funding to operate properly. More highminded liberalism.

Arnold's conservative GOP opponent Tom McClintok, wants to reduce spending in California by 9.5%. McClintok says, this will balance the budget in 18 months and still service the states debt payments.

Arnold still sounds like a liberal RINO.

[deport]

Yep read the article.... especially one with quotes and not the reports mistakes....

Schwarzenegger said, "We must have a constitutional spending cap and must immediately attack operating deficits head on. Does this mean we are going to make cuts, yes. Does this mean education is on table, no. Does this mean I am willing to raise taxes? No. Additional taxes are the last burden we need to put on the backs of the citizens and businesses of California."

[Finny]

That's what the article says, but it's not what Arnold said. He did NOT say that he wouldn't make cuts -- he said that he WOULD make cuts -- some of us here heard him say it. The reporter who wrote the article had it wrong.