We'll see how the radicals respond to more cuts cuts cuts and hikes hikes hikes.. The Feds are not going to send any money anytime so, they don't have anymore to send anyway.. yet..
That’s nice Jerry, but what are you going to do about the $500 billion shortfall of pension benefits the state is on the hook for? Bank of Uncle Sam?
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(Left)A surfer walks past a pay parking sign at a beach in Cardiff, California January 6, 2011. A day of reckoning is coming for California's perpetually wobbly finances in the form of another lean budget plan next week, says Governor Jerry Brown -- and analysts expect moments of political hysteria along the way will create opportunities to buy the state's debt. REUTERS/Mike Blake
(Right)A pay parking meter is shown at a beach in Del Mar, California January 6, 2011 where parking is no longer free as local communities and the state look for ways to solve their budget shortfall.
My immediate response to this news (heard earlier on local N. Cal radio early this morning) is that Moonbeam brings these two elements at the same time (five year tax extension and budget cuts). As it works its way through the state legislature watch as the budget cuts are amended and not as deep, while the taxes are absolutely extended five years.
Schwarzenegger never even put a hiring freeze into affect. I think Brown will actually be forced to do some cutting. The California electorate is stupid, but they are not dumb enough to vote for a tax increase.
Brown seeks 5-year extension of California Exodus
Every dollar in extended tax increases or new taxes, is a dollar less in the day of reckoning that California is so overdue for.
Not no, but HELL NO!
If we are short of funds, quit paying for the education and health care of illegal immigrants and their children.
When that is addressed, come back and talk to me.
What can Brown do for you?.......................
I have a hunch that since the CA government does not have the stones to slash pensions, they will seriously consider, as an alternative, literally killing off pensioners.
That is, they will look for just a few things in health care that are vital to the survival of pensioners, and cut them off. Outlaw their import or use in the State of CA. This would have the added bonus of saving their health care system a ton of money.
1) Five percent of the population accounts for almost half (49 percent) of total health care expenses.
2) The 15 most expensive health conditions account for 44 percent of total health care expenses.
3) Patients with multiple chronic conditions cost up to seven times as much as patients with only one chronic condition.
Probably what they would look for is somehow preventing or slowing down treatment for cancers; hypertension, heart disease and strokes; diabetes; and respiratory diseases. The longer treatment can just be delayed, the higher the mortality rate.
At least this seems to be how the British NHS is doing it.
Interesting moments in the news conference. Some of the reporters threw softball questions about personal security to try to get him to say something about Arizona. He blew them off.