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California: The Lindsay Lohan of States
Wall Street Journal ^ | 11-8-10 | ALLYSIA FINLEY

Posted on 11/07/2010 5:20:30 PM PST by chickadee

You've racked up nearly $70 billion in general obligation debt, and that doesn't include your $500 billion unfunded pension liability. Your own analysts predict you'll face a hole of at least $80 billion over the next four years.

Your government's run by a brothel of environmentalists, lawyers, public-sector unions and legislative bums. When they're not taxing or spending, they're creating regulations and commissions like the Board of Barbering and Cosmetology and the California Blueberry Commission. Many businesses would leave if it weren't for your sunny climate.

---> snip <----

You appropriately give your government low marks—28% approval for outgoing Gov. Arnold Schwarzenegger, 16% for the legislature—yet you continue to re-elect the politicians who got you into this mess. Not a single incumbent state legislator lost re-election this year, including one Democrat who died a month ago (no joke). What's scarier is that you've just given almost all of the keys to statewide offices to Democrats.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections
KEYWORDS: california; debt; democrats
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To: ransomnote

Thanks for the info. A co-worker and I were having this conversation just yesterday, about which states owes more than CA.


61 posted on 11/07/2010 8:54:38 PM PST by repubpub ("No poor man ever gave me a job, but plenty of rich guys have. " unknown)
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To: dragnet2

Arizona is trying to fight back. Do we as a country have to will to support them or do we kiss it all goodbye?


62 posted on 11/07/2010 8:57:21 PM PST by untwist
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To: SaveTheChief

If those two Democrats are still on that escalator, I hope someone had the good sense to drop them some bottled water. Those poor things.


63 posted on 11/07/2010 9:13:59 PM PST by chickadee
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To: dragnet2
In fact, some experts think the fedgov debt is so great, it will never be paid, and will eventually, destroy what is left of our economy and the *entire* middle class.

Some of us "non-experts" believe the same thing...

the infowarrior

64 posted on 11/07/2010 11:32:08 PM PST by infowarrior
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To: chickadee

If CA is Lindsay Lohan, DE is Joy Behar - fat and stupid.


65 posted on 11/08/2010 4:21:55 AM PST by NTHockey (Rules of engagement #1: Take no prisoners)
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To: dragnet2

It seems the electorate likes it tho so is it really rape? After all when its consensual...


66 posted on 11/08/2010 5:59:00 AM PST by 556x45
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To: untwist

“... begin arresting California officials in SF, LA, SD and all throughout the massive Golden State and begin prosecuting for failure to obey Federal laws with respect to granting sanctuary to illegals.”

It’s my opinion that Californians can no longer save their state.

I agree with you that arrests and imprisonment of the fascists in that state would be a beginning. For that, we need patriots to take over the federal government and send in a division of investigators, lawyers and armed agents to affect the arrests, try the criminals, seize their assets and send them off to prison.


67 posted on 11/08/2010 6:46:34 AM PST by sergeantdave
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To: 556x45
Government at all levels are gang raping the tax payers.

It seems the electorate likes it tho so is it really rape?

The Feds have you and the next 25 generations in debt for 14 trillion, and climbing...You tell me.

68 posted on 11/08/2010 7:41:17 AM PST by dragnet2
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To: sergeantdave

I fully agree that it is out of the hands of Californians to save their state. To me, the Arizona situation is very critical. Obama is pushing that state to the point of war against the Federal government. If Obama succeeds in crushing them, we will know that the situation for CA is even more bleak. I may be Pollyanna here but I believe we have enough good young people (not a majority but a high-quality bunch) to take it back. We will see...


69 posted on 11/08/2010 9:19:20 AM PST by untwist
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To: rellimpank

Good Lord!


70 posted on 11/08/2010 12:50:43 PM PST by billhilly
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