The Tax Foundation announced this week that California has the second worst business tax climate of the 50 states, with only New York more hostile to employers. Congratulations, but it gets worse. If a pair of ballot measures pass next week, the Golden State could soon take the tax lead and make even Albany look like Hong Kong.
Proposition 24 would raise $1.3 billion of new taxes on businesses, while Proposition 25 would allow the state legislature to pass budgets and tax increases with a simple majority vote, instead of the current mandated two-thirds supermajority.
The most pernicious is Proposition 25, which is being sold as a good government measure to end the state's annual fiscal follies and pass a budget on time. But what matters more than how a budget passes is what's in it. And the two-thirds rule that has prevailed since the passage of Proposition 13 in 1978 has been the lone restraint on the government unions and their political valets who have spent California to the brink of insolvency.
#3
The public unions, environmentalists, and crooked politicians in Californate stomped, ripped the heart out of, and killed and eaten the golden goose, feathers and all long ago.
#5
They already know, HammerHead, and they don't care.
You can't tax your way to prosperity. That's what they don't know.
Posted by: Steve White ||
10/30/2010 11:00 Comments ||
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#6
"You can't tax your way to prosperity. That's what they don't know."
Or care, Steve, :-(
Posted by: Barbara Skolaut ||
10/30/2010 11:12 Comments ||
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#7
Californians are locked, loaded and the gun's in the mouth. I fear that we will collectively pull the trigger on Tuesday by electing Jerry and Babs and passing all the wrong measures. Reminds me of a favorite aunt who had a lung removed because of cancer. First thing she did when she got home from the hospital was light up a Camel. She was a nurse.
#8
The state is going off the deep end, no doubt about it. But with Jerry at the helm and the Dems in majority in the legislature, there won't be anyone to blame except the Dems. Perhaps then the majority in this state will wake up.
#13
Many people have not come to grips with the situation I think we are in. They still argue that we don't have the political will to cut entitlements. However, we are BROKE. Entitlements will be cut, one way or the other. Unfortunately, there is no longer choosing any "good way or bad way." The is only a choice between a bad way and the really horrible way.
#14
The only way for California to thrive would be to wipe out the myriad commissions and regulatory boards starting with the Coastal Commission and the EPA. Excessive and arbitrary regulations by petty bureaucrats are even worse than excessive taxation. The second step on the road back is to outlaw public unions. Enforcing the laws of the United States and respecting the borders wouldn't hurt either.
#15
"with Jerry at the helm and the Dems in majority in the legislature, there won't be anyone to blame except the Dems."
On the contrary, the blame will obviously be placed foursquare on those rethuglicans in DC who who will say "drop dead" to the inevitable future Sacramento bailout demand.
It's sad, but just watch. (And on the left coast it might work.)
#17
Did you see the latest commercial from the one? He is still blaming Bush and the republicans after 4 years (1). And doing the same-ole Democratic bullshit of threatening peoples entitlements.
(1) The Democrats have controlled congress for 4 years - and congress writes the laws, manages the budget and regulations. The recession, housing crisis, etc... is their fault.
#18
CA is useless. They don't have anything I can't live without any more. I doubt they'll be bailed out. Hopefully it will be an object lesson that will tip the scales back towards sanity. To Californians with a brain: Leave now.
This is an original article by myself, so there isn't a link.
Like a bolt out of the blue, Soros suddenly seems to be putting his money into legalizing pot in CA. Of course, anyone with half a brain (like myself) immediately becomes suspicious, especially since Soros is Greek and shouldn't care either way about such a relatively small issue given the current state of politics in the US. So what did my half-a-brain come up with?
Soros might be trying to get out the stoner vote, which one could easily imagine would have the side-effect of voting overwhelmingly Donk, thereby helping Pelosi and Boxer and every Donk candidate for Congressional Representative out there.
Is CA in such a situation that this makes sense? If so, would Soros have the wherewithall to come up with this himself, or could his intervention been requested by someone? Who?
#1
In fact, Soros has actively backed legalization of weed for at least a decade, if not longer. It is not a "bolt out of the blue" to those who follow the issue.
Like many liberals, Soros does believe in civil liberties like equal rights for women and gays, and the right to grow and smoke weed in the privacy of one's own home.
#2
Not just Soros but, I would expect, Obama should he decide to stand for reelection. The difficulty presented by this particular wedge issue is that the stoner vote is unlikely to turn up to vote no matter what they are promised. They are stoned.
A conspiracy theorist might hypothesize large donations to Republicans by current pot growers and distributors. Their margins depend on continuing Prohibition.
#3
Marijuana was one of the first issues that put Soros on the radar, long before any of his other activities. He used a front organization called the Lindesmith Center, among others.
There have been some suggestions that he uses his hedge fund to launder billions in drug money, so his major interest is in market stabilization.
Soros is a made-up name. He's a Hungarian Jew who collaborated with the Nazis during WWII, sending his own people to concentration camps. There's a special circle of hell reserved for people like him.
#6
Soros is one of the internationalist global multi-billionaires who wants to see global socialist government with he and his buddies in control. This can't happen with the US as the great world power, and so the US must be destroyed.
Everything Soros does is directed at destroying our national sovereignty and looting the country at the same time. He is trying to initiate a global slave state and we are considered part of the slaves. He will redistribute any monies that he doesn't manage to latch onto. That's what cap and trade is for. The open borders that he promotes doesn't benefit anyone but oligarchic masters.
Soros has been trying to build up the pro-pot platform for years and years through his community activist ways. I'm sure his allies already have their pot plantations and merchandising plans already in place, he just needs the legal go-ahead to cut out his slave-class competition. Then he can keep everyone stoned so that they don't revolt against the global controllers, and he can profit handsomely at the same time.
Wake up America.
Posted by: Black Charlie Chinemble5313 ||
10/30/2010 12:34 Comments ||
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Fascist, Joooooo, Nazi Sympathizer, Commie-Symp, Money Launderer, Democrat. Is there any evil he can't do?
Posted by: Goldies Every Damn Where ||
10/30/2010 14:54 Comments ||
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#10
convert to Islam? He's still got time
Posted by: Frank G ||
10/30/2010 15:06 Comments ||
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#11
I just checked, he's 80 I don't think he'll be around much longer.
Posted by: Redneck Jim ||
10/30/2010 16:13 Comments ||
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#12
Don't underestimate Soros. He pushes for decriminalization of ALL drugs (heroin, cocain and pharma-Disneyland; not just pot), prostitution, all pornography, capitalism/global finacial stability (unless HE is cashing in), religion, "family values" and the USA. Do a little research on this creep ASAP; not your average hedge-fund manipulator. Extremely anti-American for decades, and it's working...
Posted by: pan ||
10/30/2010 22:08 Comments ||
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#13
...OBTW, Soros is worth $5B+, all gains from dirty deals, hood-winks and from manipulating the stability of global financial systems; primarily those in the UK and USA.
A "double-tap" won't stop "it" if you can't get within a mile of the SOB.
Posted by: pan ||
10/30/2010 22:29 Comments ||
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#3
Most significantly, Durbin is seen as the more liberal of the two men, and Senate members may simply decide that at this juncture for the Democratic party, he would make sense for ideological reasons.
----
Let's see the commies will have taken their worst shellacking EVER so we're going to put in more of the same?
Does this make sense to anyone?
But oh, the ads....Got rid of Harry and put it Obama Jr. who hates the military........
#1
For anon1, the key paragraph in the story should be
Even Assange agrees. He told the New Yorker earlier this year that he fully understands innocent people might die as a result of the collateral damage of his work and that WikiLeaks may have blood on our hands.
#3
There is always the possibility that Assange is actually a deep cover. Never assume anything when it comes to intelligence operations.
In this case, by releasing a little controversial information, the focus might be changed away from much more valuable, and controversial, topics.
For instance, since the start of the WoT, SOCOM has expanded in size by three times or more, conducting a shadow war in parallel with conventional military ops.
Yet it never makes the papers. They prefer it that way.
Posted by: Frank G ||
10/30/2010 8:38 Comments ||
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#6
Mr. Assange lives in a fish bowl. The tribal/blood relatives of the 'collateral damage' will eventually do the deed. It will be some nasty business. Reminds me of a scene from 'She Wore a Yellow Ribbon' where the cavalry troopers watch as the native torture and kill a group of gunrunners.
[watching from a distance as Apaches torture gunrunners who cheated them]
Captain Nathan Brittles: [to Sgt. Tyree] Join me in a chaw of tobacco?
Sgt. Tyree: No, sir. I don't chaw and I don't play cards.
Captain Nathan Brittles: Chawing tobacco is a nasty habit. Been known to turn a man's stomach.
2nd Lt. Ross Penell: I'll take a chaw if you please, sir.
#7
The scene of the death of Rinders, the indian agent, is one of the highlights of the film. 2LT Pennell at that moment choses the Army over a life of privilege back east. John Ford knew how to make a movie!
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
