Posted by
rycK on Friday, October 23, 2009 8:42:11 AM
As the Head-Banger Gains Experience and Knowledge from the Pain California Seeks to Bury itself in Dope and Debt.
There is no hope
for the less-than-Golden State now as it dives headlong with glittering tinsel and
honking kazoos into the deepest financial latrines. The head bangers are in control. The sickening chronicle of the
far left, now aided and abetted by drugs, sorties into hilarious Marxian
economics and what few brain cells not currently being cooked in the hot sun in
the marijuana fields, expands into something resembling the demise of
Frankenstein at first light. The rot is now everywhere.
It seems that after
only 10 weeks passed the duly elected Assembly and their wonderful governor
‘agreed’ on a ‘path forward’ to ‘compromise on the budget.’ Californiadescends into oblivion. No amount of warning or even the dire,
debilitating threat of calamitous reason has slowed the pace of these
drug-whacked loony balloons to pop. They need money. Here they were going to
‘cut’ 15 bln in spending while they stare into the marijuana fumes and publicly
spirit away a few shekels away from the bankrupt cities and then ‘borrow’ the rest along with some accounting
sleight of hand. Let us postpone the debt. This was the ‘compromise.’ Of course
only a California Democrat or an imbecile might believe in these deliriums, but
it was ‘passed’ and then fell apart from the internal rot. Who would have known such a grand plan was a preconditioned
joke?
Oh, gee, revenues
are down! Who would have guessed that fewer people can now even profitably employ
workers in some business other than sex workers or massage parlors and make a
profit in that gulag?
The blame is now placed on the innocent:
“The
culprit here appears to be estimated quarterly personal income tax statements,” H.D.
Palmer, the governor’s budget spokesman, said yesterday. “The numbers are cause
for concern, but the issue now for us is to determine if this is a one-time
event or whether it has more long-term implications.”--
California Budget Is Already in the Red 10 Weeks After Passage By William Selway and Michael B. Marois [Emphasis is mine in all quotes.]
Translated
for normal persons, this means that they do not know what they are doing when
they ‘forecast’ budgets and financial matters. For the far left, keep banging
your head on the wall and some of this will crystallize for you.
Here is an example of their clever
accounting:
“California,
a state that’s been among the hardest hit by the recession, had already issued $22 billion of debt since March, including $8.8 billion of notes that
provided the state with an advance on taxes collected next year.”-- California Budget
Oh! Let’s just borrow from the future and
grunt some cash from the ailing cities and make the forecasts glow like some
Hollywood Success Story and all will be well. They have a plan. Where was the
revenue from the 30% taxes on marijuana? Why can’t the whole state run
financially by only taxing pot, Asian massage parlors and steam baths in San Francisco?
I have been covering this outrage for a while and my conclusion was, originally, that there was never—ever—any
h0pe for this place. I think things are
getting worse if that is possible.
And, of
course, they plant to borrow more money!!!
“If the market is inhospitable, we
won’t go,” Lockyer said in an interview yesterday. “We’ll just have to wait and
see how the feelings are when we get ready to think about it again.” —California Budget
The ultimate head banger’s conclusion--insanity and despair. A much
needed translation is offered here: We MUST barrow and hope that the suckers
lend us chum monies at low rates even though our credit rating is approaching
that of Zimbabwe.
A corollary to this is that ‘we will pay anything any time to anybody
for some more money.’ Or, would you like a joint or a snort or maybe some
quality time in the next alley?
This is all so much frantic and Vaseline-scented Bay Area Semi-Think claptrap as
everybody knows that CA’s bond rating is at the bottom of the 50 states and
revenues are shrinking--so how do you pay back your creditors? Why, you borrow
to pay the borrowers to pay the borrowers and so on and so forth! That is like saying that no matter how ugly
the rats, panhandlers and cops will become in North Beach we can always find fresh food and
acceptable shelter in the bottom of the dumpsters if we can figger out the
removal schedules and there are no garbage strikes.
What they want are [your] federal
funds. This is known as being progressive. This is parasitism.
Get ready to subsidize these drug-whacked loons. Bang your head a few
times and share the vision—then get your wallet or purse or poke.
rycK [a 5th generation
Californian in exile]
Comments
to: ryckki@gmail.com
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