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Reporting from Sacramento -- With deficit forecasts growing darker by the day, Gov. Arnold Schwarzenegger is considering a plan to slash California's safety net for the poor by eliminating the state's main welfare program, health insurance for low-income families and cash grants to college students. Of course California is known for having "sanctuary cities", $200,000 pensions for firefighters and in general providing largess to everyone - even those who aren't citizens. This is a problem, of course, but it didn't bother all the bleeding hearts so long as all the high-flying people out there were flipping houses and running up their credit cards. Now, of course, the credit card is dead and the home is being foreclosed on, much like the rest of the nation as a whole - but of course the Federal Government can run deficits so long as it can con China - California can't. Its time to set an example here folks:
* No more "freebies" for illegals. Period. No free medical care, no free schools, not even jailing people - you get caught here illegally you get sent home. Period, end of discussion, full-stop. Start right now and enforce the damn law; a HUGE percentage of California's prison population are in fact illegal aliens. We pay twice - first for the crime, then again to jail them. Stop being stupid.
* Stop paying civil service jobs (firefighters, teachers, etc) $100,000+, more than twice the per-capita income.
* Fix the pension system so it can't be gamed and double-dipped to the tune of $200,000+ for that same firefighter when they retire. * Stop subsidizing people who want to have 8 embryos IVF'd into their uterus when they can't personally cover the cost of BIRTHING those eight new mouths, never mind attempting to raise them.
* If you're "poor" and need help, make receiving that help conditioned on working. If nothing else I bet there's a bunch of trash alongside roads that needs to be picked up. If you're able-bodied, no help without working in exchange - for the general benefit of society. Period. What's happening here is entirely predictable and in fact has been predicted. You can't spend more than you make for very long; eventually your credit card comes back "declined."
California is first in this regard but won't be the last. Wake up America. And in the meantime (and as a hedge if the government tries to be even more stupid) go buy a gun and some ammo. When the "entitlement" checks stop going to those who think they have a right to pop out eight kids and bill the state for the medical, I'll make book on riots and other forms of general civil nastiness.
Originally posted by Anonymous Avatar
First of all... they need to let some of those prisoners out. Their prison industrial complex is ridiculous.
Secondly if they collapse, that is the type of thing that will push states like mine (Texas) into more contimplation of removing ourselves from the Union. We have no state income taxes and manage to balance our budget. I abhor having to pay for insolvent companies much less insolvent states.
Gov. Arnold Schwarzenegger wants to cut almost $500 million from welfare programs next year and impose new rules aimed at pushing recipients off public assistance and into the workforce, senior administration officials said Sunday...
He also wants to end the practice of providing welfare grants to children whose parents are chronically unemployed and failing to participate in return to work programs.
The administration said the two ideas would save the state $465 million next year.
Originally posted by truthquest
reply to post by RolandBrichter
California has already gone. The day they failed to pay the bills on time was a default. Other states on on the same path. People just don't get it. This is a depression. 15 million Americans starved in the previous depression and to think it cannot happen again is a true shot in the dark.
Our country is in deep debt, with something like a $130,000 average debt load *per taxpayer* and rapidly rising. But on top of that, most individual states are in deep debt California is about $30 billion in debt and losing $2 billion a month. They have no choice but to cut a lot of jobs. But then again so do a lot of states, especially the highly populated ones. Florida maybe the next to go bankrupt. But what is more, many or most individual cities are in debt. But on top of that many individuals are deeply in debt. And many of those in debt are losing their jobs, pushing them to declare bankruptcy. The only solution is rapid liquidation of the debt, meaning their assets must be siezed and sold for a fraction of their actual worth. However the government purposely slows down this process, meaning this thing will drag on for years and years.
The only way this could be resolved without a very nasty depression is if the free market was put in charge of things. That will never happen. I recently heard the banks are still heavily leveraged at about 25x their worth *on average*. That is sheer insanity and means a lot of banks have yet to go bankrupt. And the feds continue over and over again to believe that no matter what, we must be 6 months from a recovery. They are incompetent and just screw things up. And yet they are rewarded for their incompetence by given more and more powers to screw things up even more.
After failing to account for trillion of their bailout money, we still don't even know if Ron Paul's audit the fed bill will pass, meaning congress may be even more incompetent by not even caring about lost trillions. What can I say it isn't their money it is ours.
North Korea threatens attack if ships checked
A U.S. Treasury Department official said it was weighing possible action to isolate the North financially.
Originally posted by stander
Good news for the Californians:
North Korea threatens attack if ships checked
A U.S. Treasury Department official said it was weighing possible action to isolate the North financially.
news.yahoo.com...
Perhaps if the US government really decides not to continue sending financial aid to South Korea, the saved money could be loaned to California, which Washington denied the aid to deal with its budget woes.