oilpan4
Champion Author
Virginia
Posts:12,062
Points:306,900
Joined:Jul 2006
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Message Posted: Jun 6, 2012 10:23:26 PM
Whats another 35 million when you are already 16 billion in the hole.
"California attain its climate change policies"
So the rest of the nation gets to pay for their privet feel good policies, wonderful.
Don't they realize its not 2007 any more and fraud driven climate change agendas have been exposed?
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timmyC4
Veteran Author
Twin Cities
Posts:417
Points:60,600
Joined:May 2007
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Message Posted: Jun 6, 2012 1:19:57 PM
Only in mexifornia
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Edpap
Champion Author
Pennsylvania
Posts:4,347
Points:509,100
Joined:Oct 2011
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Message Posted: Jun 6, 2012 6:29:49 AM
CA will not succeed where the feds have also miserably failed..they are just pulling an "Obama" and taking your tax dollars and funnelling them to their friends and political supporters. Wake Up CA! You are getting raped by Wash DC and your own state and local politicians.
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brerrabbitTX
Champion Author
Houston
Posts:1,030
Points:18,285
Joined:Mar 2011
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Message Posted: Jun 1, 2012 10:14:07 AM
From the article:
"California, the most populous U.S. State, is still recovering from the 2008-2009 financial crisis that induced the worst recession since the 1930s. In April, California's tax revenues came in $2.44 billion below the state's estimate, largely due to weaker-than-expected revenue from personal income taxes.
Spending cuts have also been below what was projected, Brown said, blaming legal and federal constraints. "The federal government and the courts have blocked us from making billions of necessary budget reductions," he said."
Wasn't a large part of the crisis related to the mortgage industry collapse?
High energy costs contribute to things yes. But myopicly stating that "The reason most states are broke is because over half a trillion a year is going into foreign derived energy." is not true. Government spending at both the state and federal level has been out of control for years and these problems did not magically appear when energy prices went up. They exsisted even when you were paying $2.00 or less for your gas.
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Hannie59
All-Star Author
Appleton
Posts:590
Points:15,725
Joined:Apr 2010
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Message Posted: Jun 1, 2012 9:46:12 AM
The reason most states are broke is because over half a trillion a year is going into foreign derived energy.
Just ask T-Boone. Yeah I know he's invested in natural gas, but he has that figure right. 700 BILLION to foreign interests every year thanks to the single source of fuel that dominates our transportation system.
What is needed is a diverse pool of sources and consumer choices for a true market driven industry. Get the oil lobby out of Washington today!
[Edited by: Hannie59 at 6/1/2012 12:51:27 PM EST]
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brerrabbitTX
Champion Author
Houston
Posts:1,030
Points:18,285
Joined:Mar 2011
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Message Posted: Jun 1, 2012 9:23:56 AM
While I certainly applaud any effort to take care of the environment since it's the only one we have, I have to question anyone's celebration of the fact that the state of California is giving away any money to anything not currently in their budget based on the fact that as a state they are broke.
If I was a resident of California I would be livid right now.http://news.yahoo.com/california-budget-hole-deepens-16-billion-governor-010911886--sector.html
[Edited by: brerrabbitTX at 6/1/2012 12:29:29 PM EST]
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