Jerry Brown Sworn-IN!!!

[Mr. Shaman]

December 31, 2011

CALIFORNIA vs. Slave-Labor​

"A new California law will force retailers and manufacturers to disclose from 2012 how they guard against slavery and human trafficking throughout their supply chains, ratcheting up scrutiny over some of the largest U.S. corporations.

From January 1, about 3,200 major companies doing business or based in California, a list that includes Apple Inc and Gap Inc, will be required to disclose steps they take, if any, to ensure their suppliers and partners do not use forced labor.

The heightened scrutiny expected under the law, which applies to retailers and manufacturers in the state with over $100 million in global sales, is already spurring companies to take a closer look at practices they follow, and in some cases improve them, lawyers say."

 

[Mr. Shaman]

How so?

February 15, 2012

California’s Credit Rating Outlook Raised​

​

"California’s credit, saddled with a negative outlook as recently as eight months ago, has been raised to positive and is poised for a higher rating, Standard & Poor’s said.

The second revision since July comes as the most-populous state prepares to sell $2 billion in general-obligation bonds. California’s A- rating, S&P’s fourth-lowest investment grade and the lowest of any state, was affirmed on $73.4 billion of general-obligation debt.

California is positioned for a higher grade if revenue comes closer to projections in Governor Jerry Brown’s budget, S&P said. Brown is promoting a November ballot measure that would raise income taxes on people who earn more than $250,000, and increase sales taxes statewide to avoid further cuts to education.

The state’s brightening outlook corresponds with the rebound in the stock market, since the state depends disproportionately on capital-gains taxes, said Michael Pietronico, who manages $620 million of municipals as chief executive officer at Miller Tabak Asset Management in New York."

As Goes California, So Goes The Nation​

 

[CrusaderFrank]

The second revision since July comes as the most-populous state prepares to sell $2 billion in general-obligation bonds. California’s A- rating, S&P’s fourth-lowest investment grade and the lowest of any state, was affirmed on $73.4 billion of general-obligation debt.

California is positioned for a higher grade if revenue comes closer to projections in Governor Jerry Brown’s budget, S&P said. Brown is promoting a November ballot measure that would raise income taxes on people who earn more than $250,000, and increase sales taxes statewide to avoid further cuts to education.

The state’s brightening outlook corresponds with the rebound in the stock market, since the state depends disproportionately on capital-gains taxes, said Michael Pietronico, who manages $620 million of municipals as chief executive officer at Miller Tabak Asset Management in New York."

 

[CrusaderFrank]

News: California’s A- rating, S&P’s fourth-lowest investment grade and the lowest of any state

Mr Charmin's reaction: Woot!!

 

[Meister]

The second revision since July comes as the most-populous state prepares to sell $2 billion in general-obligation bonds. California’s A- rating, S&P’s fourth-lowest investment grade and the lowest of any state, was affirmed on $73.4 billion of general-obligation debt.

California is positioned for a higher grade if revenue comes closer to projections in Governor Jerry Brown’s budget, S&P said. Brown is promoting a November ballot measure that would raise income taxes on people who earn more than $250,000, and increase sales taxes statewide to avoid further cuts to education.

The state’s brightening outlook corresponds with the rebound in the stock market, since the state depends disproportionately on capital-gains taxes, said Michael Pietronico, who manages $620 million of municipals as chief executive officer at Miller Tabak Asset Management in New York."

Sales tax in Ca. is anywhere from 7.25% to 8.76%....how high can you go Joe?
Think of all the poor to lower middle class who will paying even more than this percentage.

 

[Mr. Shaman]

How so?

Ya' don't remember the '90s, huh??

I'm convinced we're about to see a repeat!!!!

It's time to unleash our imagination & creativity.....again....and, everything (good) ALWAYS starts in California!!!

As California goes....SO GOES THE NATION!!!!!!

*

*

July 7, 2012

California Approves Nation’s
First High-Speed Rail Line​

. .





. . . . . . ​

 

[LordBrownTrout]

Raping the taxpayers again. Broke, beaten, fleeced again.

 

[Moonglow]

Is he still with Linda Ronstat?

 

[Mr. Shaman]

Raping the taxpayers again. Broke, beaten, fleeced again.

....Until touri$t$ FLOOD this ride!!!!!!!​

July 6, 2012

"The high-speed system would connect San Francisco to Los Angeles with trains expected to run as fast as 220 mph."

Jerry Did It
AGAIN!!!!!!​

. . . . . . ​

 

[Mr. Shaman]

I'm just curious how shaman can post this thread and not back up what he states.
Is Jerry Brown going to renegotiate the state pentions?

April 25, 2013

How Jerry Brown Scared California Straight!!​

"A lot of people are saying that, now that he’s done what was long assumed impossible: balance the California budget. This is California, the Greece of America, the liberal state that wants to spend on everything and the libertarian state that won’t pay for anything. Californians are so committed to their faulty economic theory that they built laws to enshrine it: The legislature has to pass tax hikes by a two-thirds vote, and citizens can put new laws on the ballot as propositions. When Brown took office two years ago, the state had a $27 billion deficit. Standard & Poor’s (MHP) rated California’s credit the worst of the 50 states, and 24/7 Wall St. ranked it as the worst-run state in its 2011 and 2012 surveys.

This year, California will have an $850 million budget surplus in the coming fiscal year."

. . . . . . ​

 

[Mr. Shaman]

Raping the taxpayers again. Broke, beaten, fleeced again.

Jerry Brown; Not ANOTHER Republican 1%er!!​

"This is a man who remembers World War II ration cards with fondness. “This idea you can have ice cream every night? Ice cream was for your birthday,” he says about his childhood. “It wasn’t an austere world. In fact, it was a normal world. It’s only austere juxtaposing the indulgence, the overconsumption, the profligacy—people don’t like those words because part of our economic growth is buying all this stuff.” Brown, who took a vow of poverty and chastity and lived in near-total silence while studying for the priesthood in the late 1950s, cites the Jesuit philosophy of tantum quantum: take what you need."

 

[Little-Acorn]

(yawn) Every California budget in history has been balanced. It's required by the state Constitution. This budget is no different.

And after balancing them, the govt has proceeded to violate them, year after year, producing state debts in the $billions.

Again, this budget will be no different.

 

[CaféAuLait]

I'm just curious how shaman can post this thread and not back up what he states.
Is Jerry Brown going to renegotiate the state pentions?

April 25, 2013

How Jerry Brown Scared California Straight!!​

"A lot of people are saying that, now that he’s done what was long assumed impossible: balance the California budget. This is California, the Greece of America, the liberal state that wants to spend on everything and the libertarian state that won’t pay for anything. Californians are so committed to their faulty economic theory that they built laws to enshrine it: The legislature has to pass tax hikes by a two-thirds vote, and citizens can put new laws on the ballot as propositions. When Brown took office two years ago, the state had a $27 billion deficit. Standard & Poor’s (MHP) rated California’s credit the worst of the 50 states, and 24/7 Wall St. ranked it as the worst-run state in its 2011 and 2012 surveys.

This year, California will have an $850 million budget surplus in the coming fiscal year."

. . . . . . ​

Austerity, eh?

Then he did some real cutting. “We cut child care—I’m sorry to say—old age pensions, the disabled, the elderly, and the blind. You can’t get any more sympathetic than that,” he says. The only cuts left to make, Brown claimed, were to public schools and, most significantly, the state’s universities and community colleges, which Californians—especially California’s many immigrants—consider a key part of the American meritocratic system...

Despite the balanced budget, California is still mired in debt. A study by the Pew Center on the States estimates that California’s pension funds have more than $100 billion in unfunded liabilities; state and local governments are short an additional $77 billion to cover retiree health benefits, according to Bloomberg News.

 

[ScienceRocks]

What has Jerry brown done to improve California?

 

[Mr. Shaman]

What has Jerry brown done to improve California?

Gotten elected.


NEXT??!!!!​

 

[boilermaker55]

Yah, Yah, It is always the workers who ruin things. Never those that take with out consideration.

My brother in law moved to California 15 years ago after traveling the east coast as a drummer in a progressive rock band. Studied, graduated and works in an organic farming operation. My sister in law teaches school in California. Took less than 3 years to change her from liberal to conservative about government spending.
Unions have ruined California government. Brown answers to the unions.

 

[Meister]

Yah, Yah, It is always the workers who ruin things. Never those that take with out consideration.

My brother in law moved to California 15 years ago after traveling the east coast as a drummer in a progressive rock band. Studied, graduated and works in an organic farming operation. My sister in law teaches school in California. Took less than 3 years to change her from liberal to conservative about government spending.
Unions have ruined California government. Brown answers to the unions.

workers? He said the unions. Your last sentence works perfectly with the unions.

 

[buckeye45_73]

Brown has a great fiscal record idiot

to you no democrat's shit stinks......so stop posting and wasting our time with your democrat cheerleading.....post your own thoughts and back em up.....not just links to the Huff Po, God you're a moron

 

[MikeK]

My brother in law moved to California 15 years ago after traveling the east coast as a drummer in a progressive rock band. Studied, graduated and works in an organic farming operation. My sister in law teaches school in California. Took less than 3 years to change her from liberal to conservative about government spending.
Unions have ruined California government. Brown answers to the unions.

California's government was ruined by the same destructive economic tampering which has ruined so many other aspects of life in America. The ultimate cause and effect of that tampering is revealed in the following link: Super Rich Hide $21 Trillion Offshore, Study Says - Forbes

 

[Jroc]

Brown Claim of Balanced Budget Has Become National Joke


California’s budget is balanced … or at least that is what Gov. Jerry Brown wants you to believe, now that he “temporarily” hiked taxes on all Californians by $6.8 billion last year.

This past November, after voters approved Brown’s income and sales tax hike through a referendum, the state’s Legislative Analyst’s Office projected that California would still end fiscal year 2014 with a $1.9 billion deficit. In January, just two months later, Brown claimed in his State of the State address not only that “the budget is balanced,” but that the Golden State was on track to end the fiscal year with a billion-dollar surplus.

So what exactly happened in the span of two months that added $2.9 billion to California’s bottom line? Did the economy suddenly turn around? Was spending cut? Not at all. What happened is that Brown simply made up new numbers.

Brown’s budget not only assumes $1.1 billion in higher income and sales tax revenues than the November projections, but it also takes advantage of an additional $1 billion in revenues that will supposedly be created by the state’s new cap-and-trade program and the elimination of certain development tax breaks.

But Brown was hardly in a position to make such assumptions. Before his speech, the first round of cap-and-trade auctions had already taken place, producing only 14 percent of expected revenue. In addition, California’s state controller had already released numbers in December showing that actual tax collections were 10.8 percent below projection.

Will any of Brown’s magic new revenue actually materialize in state coffers? History suggests it won’t. A recent California Common Sense study showed that, since the recession began, governors’ budget projections have overestimated revenue by an average of 5.5 percent. Apply that average to Brown’s 2013 projections, and California’s budget would suddenly go from $1 billion in the black to $3.9 billion in the red.

And those are just the debts that Brown chooses to acknowledge.

California has been running almost yearly budget deficits since 2000. By last year, those shortfalls had accumulated into a $28 billion “wall of debt.” Brown’s new budget begins to dismantle that wall — again, assuming his fantasy revenue projections come in as advertised. But even if they come true, California will still owe $4 billion to assorted creditors by the end of 2017.

And even those numbers ignore California’s biggest fiscal liability: the billions in pension and health benefits promised to government retirees

Guv Brown Claim of Balanced Budget Has Become National Joke