California in the red by $127.2 billion, state auditors say

Look at it this way...

If the State of California is that many billions underwater...

They'll simply cave-in more quickly, when He-Who-Must-Not-Be-Named withholds Federal funds to Sanctuary Cities...
 
Look at it this way...

If the State of California is that many billions underwater...

They'll simply cave-in more quickly, when He-Who-Must-Not-Be-Named withholds Federal funds to Sanctuary Cities...

Which isn't going to happen.
 
Look at it this way...

If the State of California is that many billions underwater...

They'll simply cave-in more quickly, when He-Who-Must-Not-Be-Named withholds Federal funds to Sanctuary Cities...

Which isn't going to happen.
I don't know how you can say that, given the events of the past two weeks, but... OK... we can agree to disagree... remember this, when it does happen...
 
So you'll be screwing your retirees, eh comrade?
only red States, do that; eh komissar.


A State can't go bankrupt it's illegal or the blue state of Illinois would of done it.. You do know cities of California declared for bankruptcy right?
we recently legalized pot. we expect around a billion a year in California. local governments can also tax it.

It'll just be cheaper to buy it on the black market, and I suspect most will. No taxes, no revenue
black market prices are higher.

Suuuurrrrrreeee.

Ask smokers bout that.
 
Wealth distribution always ends up the same way, a tangled mess of unsustainable debt fueled by government and bureaucratic waste.

The report says that the state’s negative status increased that year, largely because it spent $1.7 billion more than it received in revenues and wound up with an accumulated deficit of just under $23 billion in fiscal year 2011-2012, the Sacramento Bee stated.

Gov. Jerry Brown has referred to the deficit and other budget gaps, mostly money owed to schools, as a “wall of debt” totaling more than $30 billion, the Sacramento Bee reported.

California in the red by $127.2 billion, state auditors say

The proposed solution will, of course, be predictable. Raise more taxes! :laugh::laugh::laugh:


It's gonna get a lot worse when Congress starts pulling federal funding.

Is that mean we can also stop paying federal taxes?

NOPE

So if we are paying our taxes...... Why are you cutting off federal funding?
 
California beats Canada for GDP and population. They must be doing something right.

It'll be demanding a Bailout at some point. It's a sad catastrophe. And i will not support bailing it out with Federal money.

The majority of red States have received federal bailouts for decades. Why don't you include them in your diatribe?

Any State declaring itself a 'Sanctuary State', should no longer receive Federal money at all.

Why? We paid our federal tax? Is that mean we can also stop paying federal taxes?

I'd be ok with that.

You need to take some economy and math .0001 class.
 
Wealth distribution always ends up the same way, a tangled mess of unsustainable debt fueled by government and bureaucratic waste.

The report says that the state’s negative status increased that year, largely because it spent $1.7 billion more than it received in revenues and wound up with an accumulated deficit of just under $23 billion in fiscal year 2011-2012, the Sacramento Bee stated.

Gov. Jerry Brown has referred to the deficit and other budget gaps, mostly money owed to schools, as a “wall of debt” totaling more than $30 billion, the Sacramento Bee reported.

California in the red by $127.2 billion, state auditors say

The proposed solution will, of course, be predictable. Raise more taxes! :laugh::laugh::laugh:


It's gonna get a lot worse when Congress starts pulling federal funding.

Is that mean we can also stop paying federal taxes?

NOPE

So if we are paying our taxes...... Why are you cutting off federal funding?


You have to qualify for grants, that includes following federal law. You don't play nice, no grants.
 
You're trying to change the goal posts again Californians was bragging on here and other forums that California had a huge surplus just last year..

Something had to happen.. More liberal common core math I suppose?

And with my complaint on Obama spending over 9 trillion.. And you blame the wars.. It appears on the wires half our Navy aircraft can't even fly..

So what was the money spent on?. It sure wasn't infrastructure..


Bailouts. The wars didn't come cheap.

he wanted to spend it on infrastructure. Apparently the right didn't....until Donald wanted to....
 
It's rapidly going the way of other miserable Communist/Socialist failures like Venezuela. How long before it starts demanding a Bailout? Personally, i won't support giving it a penny of Federal money. Its 'Sanctuary' policies are despicable. California shouldn't receive Federal funds at all. Period, end of story.

California beats Canada for GDP and population. They must be doing something right.

It'll be demanding a Bailout at some point. It's a sad catastrophe. And i will not support bailing it out with Federal money.

The majority of red Statesi have received federal bailouts for decades. Why don't you include them in your diatribe?

Any State declaring itself a 'Sanctuary State', should no longer receive Federal money at all.
it's their money though....?

They send to the federal govt $360 plus billion a year....

At least Republicans claim that it's the individual's money not the gvt's when it comes to taxes....?
 
only red States, do that; eh komissar.


A State can't go bankrupt it's illegal or the blue state of Illinois would of done it.. You do know cities of California declared for bankruptcy right?
we recently legalized pot. we expect around a billion a year in California. local governments can also tax it.

It'll just be cheaper to buy it on the black market, and I suspect most will. No taxes, no revenue
black market prices are higher.

Suuuurrrrrreeee.

Ask smokers bout that.
i do market research all the time.
 
Look at it this way...

If the State of California is that many billions underwater...

They'll simply cave-in more quickly, when He-Who-Must-Not-Be-Named withholds Federal funds to Sanctuary Cities...

Which isn't going to happen.
I don't know how you can say that, given the events of the past two weeks, but... OK... we can agree to disagree... remember this, when it does happen...

You severely underestimate the power of California.
 
It'll be demanding a Bailout at some point. It's a sad catastrophe. And i will not support bailing it out with Federal money.

The majority of red States have received federal bailouts for decades. Why don't you include them in your diatribe?

Any State declaring itself a 'Sanctuary State', should no longer receive Federal money at all.

Why? We paid our federal tax? Is that mean we can also stop paying federal taxes?

I'd be ok with that.

You need to take some economy and math .0001 class.

He's from Texas.
 
Look at it this way...

If the State of California is that many billions underwater...

They'll simply cave-in more quickly, when He-Who-Must-Not-Be-Named withholds Federal funds to Sanctuary Cities...

Which isn't going to happen.
I don't know how you can say that, given the events of the past two weeks, but... OK... we can agree to disagree... remember this, when it does happen...

You severely underestimate the power of California.
We are likely to learn which of us is right, in the next few months.
 

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