Author Topic: Financial Collapse of California Thread (Land of the Lunatics)  (Read 15666 times)

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Re: Financial Collapse of California Thread
« Reply #50 on: September 07, 2011, 02:41:46 PM »
No Paper Or Plastic? LA Shoppers Wary Of Proposed ‘Nightmare’ Ban
September 7, 2011 9:37 AM

http://losangeles.cbslocal.com/2011/09/07/no-paper-or-plastic-la-shoppers-wary-of-proposed-nightmare-ban




LOS ANGELES (CBS) — An effort to allow only reusable bags at Los Angeles grocery stores may sound like a political long-shot, but one city councilman thinks the public will eventually warm up to the initiative.

KNX 1070′s Pete Demetriou reports just the suggestion of such a ban raised the eyebrows of several Southland shoppers.




The measure introduced by City Councilman Paul Koretz would prohibit all single-use plastic and paper bags in L.A. supermarkets and would require stores to sell or provide complimentary reusable or fiber bags only or risk a fine.

Koretz said that while banning plastic bags helps reduce land and ocean pollution, the single-use paper bag still contributes significantly to the local waste stream.

Some local shoppers, however, were less than enthused about the proposal.

“I think they can find a different way to make improvements to the city,” one man said.

“It’d probably be good for the planet in the long run, but short-term I could see it being a nightmare,” another shopper said.

The measure still has to clear the Energy and Environment Committee, but proponents believe the waste reduction aspect of the bill will be a strong selling point that would leapfrog L.A. ahead of cities like San Francisco and Santa Monica in the battle against bag pollution.

 

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #51 on: September 18, 2011, 06:19:11 PM »
September 18, 2011
The California Corridor
Some Lessons on Government Largesse From the New Frontier
by Victor Davis Hanson
Pajamas Media

The Great Warpath

This summer it has been a softer, modern version of living in a cabin on the Great Warpath circa 1740 near Albany or Montreal (in this regard, take a look at Eliot Cohen’s new book Conquered into Liberty on the origins of the American way of war), readying oneself for the next break-in — so our inland “California Corridor” has become from Bakersfield to Sacramento.

More specifically, I have been on the lookout around my farm for a predatory, nearly new, grey/silver Toyota truck that drives in and then speeds out — always a day or so before the nocturnal theft. He’s clever, this caser — and audacious too, like a wily Sherman tank prowling through the hedgerows. (Why, if poor, is he not home growing a tomato garden or scouring the roadside for the ubiquitous tossed aluminum cans and plastic bottles?)

On three separate occasions from June to August, I have had copper wire stripped out of pumps, the barn ransacked, and the two locks pried off the shop and various things stolen. (Why did they steal buckets of 1900 antique bolts and square nails and leave alone a drill press and grinder? Ease of recycling? Ignorance?)

When Metal Grows Legs

One of the stranger things in the California Corridor is to periodically walk around a barnyard and notice: “Hmm, that set of rusted furrowers is gone? Hmmm, what happened to those sections of 2-inch pipe? Hmmm, didn’t I have an old compressor next to the shed? Have I got dementia, or wasn’t there once upon a time three metal ladders leaning against the shop?” It is as if they became animate, grew legs, and quietly walked off in the sunset.

Hippo Regius

Twice I ran into the barnyard to see the truck, with its two gangbanger youths, peel off in clouds of dust. (And, yes, as a CSU ex-professor, I know the party line: the dominant culture neglects/exploits/oppresses/fill in the blanks the “other” to such a degree that he sometimes must lash out, or, on occasion, to find validation, might just do something illegal like steal buckets of antique nails, or illogical, like in poverty buying a new truck, and thus so disturbs/finally wins the attention of those with privilege and their self-constructed norms. Been there and heard that for thirty years).

The Toyota is always around when theft occurs, and always speeding off when anyone spots it. Rural California is also like North Africa circa 420 AD: the few family farms left are mostly fenced or walled, the dogs large, the owners armed — trying to survive against organized Vandal attacks. All we need are mosaics in the courtyard portraying happier times as a testament to future archeologists. Maybe a “Cave Canem!” on the doorstep.

I know of no neighboring farm that has not been broken into or fought/scared off such intruders. (The urban counterpart in our town are a few municipal workers stealing their own city manhole covers; two ex-policemen, like rogue legionaries, now up on felony charges; or Gothic-like gangs, prying off all the bronze dedicatory plaques from the hallowed buildings. Perhaps they are similar to the bullet-hungry occupying Ottomans in 16th-century Greece, destroying classical temples and shrines to find and melt down the lead seals over metal block clamps — on the theory that someone 2,000 years earlier knew a lot more about making lead than did they, or maybe impoverished Greeks around 1850 finishing up the destruction of antiquity by fracting and melting down the scattered marble blocks for lime whitewash.)

Then and Now

So it is that in 1935 poor people scraped and saved to cast a bronze plaque for their Depression-era new city hall, and in 2011 rather more affluent people ripped it off to melt it down for a layaway payment on some chrome rims or another round of meth.

Civilization ends when the pampered beneficiaries of the hard work of the now dead have the luxury of ignoring how hard it was — and is — to build shelter from the elements, to erect public buildings from scrub, to grow food and sprout farms from sage. Our contemporary criminals are protected from the elemental struggle and so have the indulgence to gnaw away at civilization’s veneer — and we, in our conspiratorial silence about them, likewise forgot that to keep still about the destruction of the work of others is to be complicit in it.

Jaws on Wheels

Seven days ago, I left to teach here at Hillsdale for my month vacation. My son, back home on the farm — he often rushes out armed when trucks come into the driveway at night — called. He mentioned in passing that the Toyota was back, Jaws-like circling around the farm in short bursts of speed to see if anyone was there. (The modus operandi in the rural California hinterlands is to drive into a farm, check if anyone comes out, if so, either peel out or even stay put to “inquire” about a “rental” or “work.” If no one comes out, then break a window, grab a TV or computer and speed off. Also: Please do not suggest, “call the sheriff”; I have and even “filled out a report” over the phone, no less. Enough said. And yes, I probably should sell the 140-year-old farm and move away, but also probably won’t. Why leave and give in to barbarism? There are still far more good than lawless people in the valley.)

Stealing Up For a Truck?

My point in this long excursus? Note the description “late-model Toyota.” I think it is a Tacoma, maybe 2009-11, so not a cheap truck by any means.

Earlier another youth drove in without seeing me mowing the lawn. I ran up; startled he stammered, “Hey, mister, I’m only looking for scrap metal to buy.” (What is it with the national epidemic with good wire or scrap metal?)

I’ll pass on his shoulder to finger sleeve tattoos, the ink drops under the eyes, the shaved head, wife-beater T-shirt, the inked-in but impressive religious icon tattooed on the neck, and the whole nine yards. As I wrote earlier, I immediately noticed brand new hot-water tanks, still in their labeled cardboard containers, in the bed of his truck. They seemed very “metal” to me, but not very “scrap.” Words were exchanged and he backed out.

Here’s the point: he too drove a brand new truck, this one a custom-painted fire-engine red Dodge, hopped up, with an expensive stereo blaring.

Chrome-rimmed Poverty?

Where are we going with this?

Yes, I confess once more to the same destination as the flash mobs and the London riots. What we think in the West now as too little is far too much. Both these thieves could trade in their multi-thousand-dollar trucks for cash to buy food, rather than steal the property of others and cause mayhem to make their payments. Heck, the rims alone are worth $1000.

(Thieves and gangbangers create a climate of general fear; they ruin the sense of tranquility, and they betray 150 years of collective labor of the now dead to create civilization from near nothing. Shame on them. Americans should not need to have armored rural mail boxes.) To suggest that they could do without the trucks or go without the dole, is not — channeling the president’s most recent speech warning against anti-government zealots — the same as wanting children to suffer from mercury poisoning or to render us helpless against the healthcare industry or to destroy government and want to start over from scratch.

More Federal Cash to the Rescue

So it is too with the federal government. In 2008 the housing market collapsed due to Wall Street speculation in sub-prime paper, dishonest banks, and real estate agents pushing mortgages and houses, and to be fair, either stupid or greedy unqualified house buyers who, late to a doomed game of musical chairs, thought even they, as the music ended, could find cheap loans, buy a home, earn thousands in instant “equity,” borrow against it, and get “free” cash.

But the glue that held the entire amorphous mess together were federally-guaranteed loans backed by Freddie and Fannie, agencies that were guided by congressional politics and not market worries — and themselves skimmed by incompetent bureaucrats who ended up millionaires. Take away those multibillion-dollar guarantors, and the market would have precluded the unqualified, the Wall Street roguery would have been neutered, and the inevitable housing bust would have been serious rather than catastrophic.

They Borrowed All For Us

Then there was George Bush’s 2008 multitrillion-dollar “stimulus” that “saved” the country, but destroyed the real progress he had made from 2006 to 2008 in addressing mounting debt. Then there was Barack Obama’s “second” $800 million “shovel-ready” stimulus. Now, of course, discredited Keynesians post facto decry its timid minuteness — but go back to January 2009 and read the op-eds. Then there was ebullition that Obama had taken the big dare and gone “big.” Only spending of that magnitude, we were lectured, would save us — as in funding “millions of green jobs” and “investments” and “infrastructure.” It was a weird time of Van Jones’ fakery, and preachy assurances/warnings from Geithner, Goolsbee, Orszag, Romer, and Summers. Pelosi et al. were even bragging that there was no need to read the vast borrowing bills before they were passed.

Money, Money Everywhere — and Not a Drop of Prosperity

We know that, like the first stimulus, the second went into the hands of those who were pretty well off; if banks and Wall Street profited the first time from conservative largesse, the second left-wing version enriched pseudo-green soon-to-be-bankrupt companies, pension funds, municipal and state employees, unions, and environmental bureaucracies.

Now we are supposed to be saved by Stimulus III. At nearly $500 billion in a single year, it may prove the largest single year payout in history. And we are assured it will not go to Wall Street, big banks, green companies, broke city and state governments, and “shovel ready” projects, but instead be “invested” in “work” programs fixing “infrastructure.” (Note the president no longer can use words and phrases like “shovel ready,” “green jobs,” or “stimulus”; they have all gone the way of sermons on “civility.”)

But does anyone dare imagine that what got us into this mess in 2008 and kept us stuck through 2011 are these huge federal programs that distort market forces while piling up trillions of dollars in debt, destroying rather than enhancing personal initiative? Both employers and workers are losing incentives, the former better off are ossified in fear of losing something, the latter worse off calcified in assurances of getting something.

Subsidizing Stasis

Maybe it is a fine and noble thing that the Obama administration vastly extended unemployment insurance. And, bravo, that nearly 50 million are now on food stamps. But a tragic voice from the past warns us that the more we diminish human incentives and guarantee a sort of cushioned permanent poverty, two things result: one, fewer people scramble to find productive work; and, two, envy sharpens as they begin to turn on their benefactors as being cheap, or mean-spirited in never giving quite enough to ensure parity with “them.” A cherry-red new truck or silver Toyota is never quite what others might have.

Epitaph

The problem with those who invaded my farm this summer was not poverty, but too much — at least in the sense of driving late-model trucks as they sought to destroy the lives and tranquility of others to get things that, by the very fact of their mode of transportation, they did not need. For the last two years, I have witnessed two constants: late-model cars in the valley shopping centers, an epidemic of obesity apparent to the naked eye, majorities on plastic food stamp debt cards, without apparent work in mid-morning, and a general unhappiness in the check-out lines that the government, state, city, etc. is not doing enough for them. All that is coupled with a media message of a cruel, heartless society that needs to do more for its oppressed — and a popular culture that damns any so witless and heartless for pointing the contradictions out.

Welfare on Top and Bottom

The welfare state, aside from being broke, is eroding initiative and warping reality — both for the elite at the top, like the executives who just milked a half-trillion dollars in sweetheart loans from some idiotic “green” bureaucrat, to the late-model truck drivers robbing productive farms to pay for their stereos and hydraulic-lifters.

So when the president speaks of “millions of green jobs” and “bringing jobs home,” I worry.

You see, I wish it were true, but I have doubts. I can imagine an employer offering to open a new state-of-the-art plant, but I fear only for millions in guaranteed federal loans, to be justified on some faddish green or “put people first” con.

Then I see someone like “sons of bitches” Jimmy Hoffa, or the Seattle longshoremen, or an NLRB plant-shutting academic nincompoop entering the picture to “have labor do its part.” And I don’t know what we are going to do to get those working, like the late-model truck-driving thieves — would such idle promise to be innovative, show up on time, be honest and disciplined, be familiar with written blueprints and warnings about their lathes and grinders, and be more productive than their competitors overseas?

And so I ask myself: “Is all this more efficient, more productive than what the Chinese offer?” “Will our solar panel or drill press be better built and at a cheaper cost and more durable?” “Have we justified our standard of living that allows us to slack while others toil?” “Is there a limit to the borrowed subsidies?” “How many engineers, brain surgeons, and savvy mechanics is California — near last in its high school test scores — producing that are better than those found elsewhere?”

Reality Cannot Be Reinvented

The tragic voice now shouts, not whispers: “Of course, this is not sustainable, you idiot! You must put real hope of profit and greater fear of loss into the employer who is freed to sink or swim on his own, a sense of challenge in the heart of the scrambling workers, and end the subsidies that allow someone to steal as a pastime to custom paint his truck cherry red and lift his truck bed up and down with a button, while the government gives him cash for his food and shelter.”

We are in a weird predicament where too much is not enough and the medicine is worse than the malady — and saying just that earns one ridicule.

It is not Barack Obama’s fault; he is a mere totem, just the overdue dividend of our long ago collective investment.

Again, if he didn’t exist, we would have to invent him.

Announcements

On this topic of decline or slogging through: Rome collapsed in the West in the latter fifth century AD, although the series of Gothic invasions posed no more of a threat than what both the republic and empire had thwarted many times over the prior 700 years of Roman history. In contrast, in the East, Constantinople fought off invasions from the north, east, and south and persevered for another millennium. That contrast raises the question about the nature of external threats and internal inability to meet them — when and why do unlikely civilizations survive and likely ones no survive? I’ll talk about that on Monday, October 3, in Boston at 6 p.m. at a convention sponsored by the Retirement Income Industry Association [1]. On another note, be sure to look into a counter-commemoration conference [2] protesting the “anti-racism” so-called “Durban III” symposium, to be held across the street from the UN in New York on September 22. If one collates the new axis of Iran, Hezbollah, Turkey, Hamas, and perhaps revolutionary Egypt, then Israel is back to 1967, but this time with enemies energized not by sclerotic Sovietism, but radical Islamism. What is eerie is that Israel remains a constitutional state, while its neighbors turn to theocracy — while the West, and increasingly the US, blames it for these metamorphoses.

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #52 on: September 18, 2011, 06:45:48 PM »
CA School District Spends $23M on Solar Panels, Won't Break Even for 16 Years (ever?)
Daily Tech ^ | September 18, 2011 | Brandon Hill
Posted on September 18, 2011 4:41:55 PM EDT by decimon

San Ramon Valley Unified School District installs 10k photovoltaic panels at five schools

In a move that is proving to be controversial with some, some California school districts are looking to a high-tech way to save money, even if the payback won't be achieved until well over a decade later. CNN is reporting that some California school districts are looking to low-interest federal loans to install solar panels on schools.

CNN singled out the San Ramon Valley Unified School District, which has installed roughly 10,000 photovoltaic panels at five of its 35 total schools at a cost of $23 million. Under the most optimistic projections, the photovoltaic panels would offset energy usage at the schools by 67 to 75 percent.

According to spokesman Terry Koehne, the San Ramon Valley Unified School District will pay back the loans courtesy of the energy savings from using the solar installations. However, this won't be a quick payback for the school system -- it will take roughly 16 years to break even on the photovoltaic panels.

Koehne, however, points to the upside of embarking on this expensive venture; "It's pure profit after that. And following that, we're going to start realizing savings of $2 (million), $3 (million), $4 million a year."

(Excerpt) Read more at dailytech.com ...

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #53 on: September 20, 2011, 07:53:23 AM »
Another California company moves away
Orange County Register ^ | 9-20-11 | Jan Norman




Legacy Electronics, a high-tech contract manufacturer, has opened its new 40,000-square-foot headquarters in Canton, S.D., closing its San Clemente facility. Engle earlier explained the move: “California, unfortunately has become … a more difficult place to do business, a more costly place to do business, especially for manufacturers.


(Excerpt) Read more at jan.ocregister.com ...


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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #54 on: September 21, 2011, 11:13:43 AM »
San Francisco-Oakland Bay Bridge Controversially Made in China (Union Cost too high)
FOX News ^ | 9/20/2011 | Claudia Cowan




When it was built in 1936, the San Francisco-Oakland Bay Bridge was a Depression-era project that put scores of Americans to work. When its $6.3 billion replacement opens in two years, it will be an international affair from the bottom up, an example of massive outsourcing that has drawn both praise and criticism.

Half a dozen countries contributed expertise or materials, none more so than China.

"China was immensely helpful to getting this project built," says California Department of Transportation spokesman Bart Ney. "They were able to turn the steel around and work directly with our own inspectors to make sure we met the specifications of what this bridge required."


(Excerpt) Read more at foxnews.com ...

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #56 on: October 03, 2011, 05:43:04 AM »
California is a cesspool of disgusting liberal pansies.  I do love the weather though.

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #57 on: October 04, 2011, 08:53:16 PM »
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California's – New Law.. Warrantless Searches
cbs47 ^ | 10-4-11 | cakid1
Posted on October 4, 2011 10:36:39 PM EDT by cakid1

California – New Law.. Warrantless Searches

Starting next year police here in California will have power to search without a warrant. The circumstances are limited, but the principle isen’t. Thanks to a bill signed by Governor Brown, police can search for pirated copies of movies and compact discs. The idea is to cut down on stolen ‘intellectual property.’ The warrantless searches will be allowed at 'plants' that make ‘commercial copies’ of CD’s and DVDs.

Some wonder if that violates the Fourth Amendment of the U.S. Constitution dealing with Search and Seizure.

Others wonder if one day the law will expand.. beyond just 'plants.'

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #58 on: October 16, 2011, 06:47:30 AM »
California schools scrambling to add lessons on LGBT Americans
Los Angeles Times ^ | October 16, 2011 | By Teresa Watanabe
Posted on October 16, 2011 9:34:10 AM EDT by Oldeconomybuyer

At Wonderland Avenue Elementary School in Laurel Canyon, there are lesson plans on diverse families — including those with two mommies or daddies — books on homosexual authors in the library and a principal who is openly gay.

But even at this school, teachers and administrators are flummoxed about how to carry out a new law requiring California public schools to teach all students — from kindergartners to 12th graders — about lesbian, gay, bisexual and transgender Americans in history classes.

"At this point, I wouldn't even know where to begin," Principal Don Wilson said.

Educators across the state don't have much time to figure it out. In January, they're expected to begin teaching about LGBT Americans under California's landmark law, the first of its kind in the nation.

(Excerpt) Read more at latimes.com ...

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #59 on: October 16, 2011, 08:52:57 PM »
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New California law bars E-Verify requirement for employers
Los Angeles Times ^ | 16 Oct 2011 | Paloma Esquivel,
Posted on October 16, 2011 11:53:01 PM EDT by Meet the New Boss

For years, activists against illegal immigration pushed cities across California to adopt ordinances ordering businesses to verify that their employees were eligible to work in the U.S.

snip

But those victories appear to have been wiped out this month with legislation signed into law that prohibits the state, cities and counties from mandating that private employers use E-Verify.

snip

Those who sought the state law in reaction to the growing number of localities adopting mandatory E-Verify rules said such moves were a distraction from a larger problem.

"As a nation, we are in such desperate need of immigration reform," said Sara Sadhwani, strategy director for the California Immigrant Policy Center. "While a handful of cities in California and a handful of states across the country have moved to mandate the use of this kind of program, it's very misguided."

The state ban received broad support, including the California Chamber of Commerce and the California Farm Bureau Federation, which questioned the accuracy of the databases used by the federal system.

Assemblyman Paul Fong (D-Sunnyvale), who introduced the bill, said he felt that mandatory E-Verify was an unnecessary burden on businesses.

(Excerpt) Read more at latimes.com ...

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #60 on: October 20, 2011, 07:03:23 PM »
California Adopts 'Cap-and-Trade' Plan to Cut Back On Greenhouse Gas Emissions
Fox News ^ | Oct 20, 2011 | AP via Fox News
Posted on October 20, 2011 10:03:59 PM EDT by I still care

California formally adopted the nation's most comprehensive so-called "cap-and-trade" system Thursday, an experiment by the world's eighth-largest economy that is designed to provide financial incentives for polluters to reduce greenhouse gas emissions.

State officials said they hoped other states and Washington, D.C., would follow suit, calling the plan a "capstone" among the suite of tools California can use to reduce the pollution linked to climate change and cut dependence on foreign oil.

(Excerpt) Read more at foxnews.com ...

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #61 on: October 20, 2011, 07:29:10 PM »
California Adopts 'Cap-and-Trade' Plan to Cut Back On Greenhouse Gas Emissions
Fox News ^ | Oct 20, 2011 | AP via Fox News
Posted on October 20, 2011 10:03:59 PM EDT by I still care

California formally adopted the nation's most comprehensive so-called "cap-and-trade" system Thursday, an experiment by the world's eighth-largest economy that is designed to provide financial incentives for polluters to reduce greenhouse gas emissions.

State officials said they hoped other states and Washington, D.C., would follow suit, calling the plan a "capstone" among the suite of tools California can use to reduce the pollution linked to climate change and cut dependence on foreign oil.

(Excerpt) Read more at foxnews.com ...


Of course they want other states to follow suit. That way business won't have anywhere to run to.

They really do seem intent on turning Cali into a third-world shithole. Good luck paying down the debt with more taxes and regulations, geniuses.

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #62 on: October 26, 2011, 05:57:58 AM »

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #63 on: October 26, 2011, 07:40:09 AM »
California's Economic Suicide
IBD Editorials ^ | October 25, 2011 | Editor


The Weather: Regulations finalized by the California Air Resources Board establish the nation's first state-run cap-and-trade regime. Despite Solyndra, the state will gather solar panels while it may.

The 262 pages of regulations implementing California's 2006 global warming legislation, Assembly Bill 32, approved by CARB last Thursday, will probably reduce employment more than it reduces emissions. The only thing it will cap is economic growth by bleeding a patient that is already hemorrhaging red ink.

Signed into law in 2006 by Gov. Arnold Schwarzenegger, the cap-and-trade regulations are intended to force California to reduce greenhouse gas emissions to 1990 levels by 2020.

By 2015, some 85% of the state's businesses and power sources will be under its mandates. Businesses that exceed 90% of their current greenhouse gas emissions will be forced to buy carbon credits as penance.

The question is why — in the face of evidence that the prospect of imminent doom from man-caused weather danger is on overhyped scam based on doctored data — California risks repeating the sad experience of Spain. There, subsidized windmills and solar panels dotted the landscape, only to wind up with a collapsed economy that lost 2.2 jobs for every "green job" created.

A 2009 study by economists at the California State University, Sacramento, commissioned by the California Small Business Roundtable, found the legislation would result in "a total loss of (economic) output of $182.649 billion annually," with an estimated impact on small businesses alone of 1.1 million jobs. This in a state with a 12.1% unemployment rate.


(Excerpt) Read more at investors.com ...


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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #64 on: November 02, 2011, 08:24:47 PM »
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National test puts California students on bottom
Mercury News ^ | 11/1/11 | Sharon Noguchi
Posted on November 1, 2011 9:48:25 PM EDT by NormsRevenge

On the nation's report card, California schools have advanced from failing to -- failing a teensy bit less.

Despite posting minute gains this year, California students scored at nearly the bottom of the nation in reading and math, test results show. In reading, California performed worse than all other states and only outscored Washington, D.C. In math, state fourth-graders ranked above only D.C. and Mississippi; eighth-graders did a notch better, also outscoring Alabama.

The National Assessment of Education Progress is administered every other year to a sampling of students across the country. It is the only nationally standardized test for public schools. California students have typically performed poorly, both overall and in comparison to other children.

Education reformers reacted with dismay.

"Slow, incremental improvement is not enough for our kids," said Arun Ramanathan, executive director of the Education Trust-West, an Oakland-based advocacy group. Further, he said, "These results show just how far out of the mainstream, of the national education reform conversation, that California is right now."

Other large diverse states, like Texas, Florida and New York, performed better.

California schools Superintendent Tom Torlakson gave a more nuanced reaction. "Asked to do more with less, students, teachers, school employees and administrators have delivered. Imagine how much more they could accomplish," he said in a prepared statement, "with the resources they deserve."

For several years, California has steadily cut public education budgets and laid off teachers.

(Excerpt) Read more at mercurynews.com ...

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #65 on: December 30, 2011, 12:17:01 PM »
Will the Last Job Creator to Leave California Please Turn Off the Lights?
Posted by Daniel J. Mitchell





I’ve written before about whether California is the Greece of America, in part because of crazy policies such as overpaid bureaucrats and expensive forms of political correctness,

And we all know that California has one of the nation’s greediest governments, imposing confiscatory tax rates on a shrinking pool of productive citizens.

So it is hardly surprising that the Golden State is falling behind, losing jobs and investment to more sensible states such as Texas.

But not everybody is learning the right lessons from California’s fiscal and economic mess.

There’s a group of crazies who want to increase the top tax rate by five percentage points, an increase of about 50 percent. And they have made Kim Kardashian the poster child for their proposed ballot initiative.

I’m relatively clueless about popular culture, but even I’m aware that there is a group of people know as the Kardashian sisters. I don’t know who they are or what they do, but I gather they are famous in sort of the same way Paris Hilton was briefly famous.

And they have cashed in on their popularity, which may not reflect well on the tastes of the American people, but it’s not my job to tell other people how to spend their money.

But not everybody share this live-and-let-live attitude, which is why the pro-tax crowd in California produced this video.


I suppose I could criticize the petty dishonesty of the proponents, since they deliberately blurred of the difference between “tax rates” and “taxes paid.”

Or I could expose their economic illiteracy by pointing out that higher tax rates would accelerate the emigration of investors, entrepreneurs, small business owners, and other rich taxpayers to zero-tax states such as Nevada.

But I won’t do those things. Instead, like the Nevada Realtors Association and Arizona Business Relocation Department, I’m going to support this ballot initiative.

Not because I overdid the rum and eggnog at Christmas, but because it’s good to have negative role models, whether they are countries like Greece, cities such as Detroit, or states like California.

So here’s my challenge to the looters and moochers of the Golden State. Don’t just boost the top tax rate by five-percentage points. That’s not nearly enough. Go for a 20 percent top tax rate. Or 25 percent. After all, think of all the special interests that could use the money more than Ms. Kardashian.

And if somebody tells you that she will move to South Beach or Las Vegas, or that the other rich people will move to Texas, Wyoming, or Tennessee, just ignore them. Remember, it’s good intentions that count.

In closing, I apologize to the dwindling crowd of productive people in California. It’s rather unfortunate that you’re part of this statist experiment. But you know what they say about eggs and omelets.

By the way, here’s some humor about the Golden State, including a joke about the bloated bureaucracy and a comparison with Texas.


Soul Crusher

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #66 on: March 13, 2012, 07:54:19 PM »
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Exodus: California Tax Revenue Plunges by 22%
Breitbart ^ | 3/13/12 | Chriss W. Street
Posted on March 13, 2012 10:41:31 PM EDT by Nachum

State Controller John Chaing continues to uphold the California Great Seal Motto of “Eureka”, i.e., 'I have found it'. But what Chaing is finding as Controller is that California’s economy as measured by tax revenues is still tanking. Compared to last year, State tax collections for February shriveled by $1.2 billion or 22%. The deterioration is more than double the shocking $535 million reported decline for last month. The cumulative fiscal year decline is $6.1 billion or down 11% versus this period in 2011. (snip) California politicians seem delusional in their continued delusion that high taxes have not savaged

(Excerpt) Read more at breitbart.com ...

Soul Crusher

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #67 on: March 13, 2012, 08:06:38 PM »
California bill would ban violent fans from attending professional sports games
foxnews.com ^ | 3/13/12 | AP
Posted on March 13, 2012 11:00:17 PM EDT by ColdOne

SACRAMENTO, Calif. – A bill has been proposed in the California state Assembly in an effort to prevent violence such as last year's near-fatal beating of a San Francisco Giants fan at Dodger Stadium.

The proposal would call for the nation's first sports "ban list" and would block unruly fans from attending professional games anywhere in the state for up to five years.

The Sacramento Bee reports that the ban would apply to those convicted of felonies, such as assault.

(Excerpt) Read more at foxnews.com ...

Soul Crusher

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Emmortal

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #69 on: December 11, 2012, 12:04:42 PM »
Or go West, work for the state and earn $822,000 a year, more than the POTUS =)

http://www.zerohedge.com/news/2012-12-11/go-west-young-man-new-normal-dream-job-california-state-workers

Soul Crusher

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #70 on: December 11, 2012, 12:09:07 PM »
Or go West, work for the state and earn $822,000 a year, more than the POTUS =)

http://www.zerohedge.com/news/2012-12-11/go-west-young-man-new-normal-dream-job-california-state-workers

The more these glorified welfare cases plunder the state for, the more private sector companies will leave. 

Emmortal

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #71 on: December 11, 2012, 02:02:14 PM »
Not just companies, but the people are leaving as well.  A $1+ billion shortfall in the budget due to people leaving the state because of retardedly high taxes.  All this despite Prop 30 passing increasing taxes on the wealthy.  I've been saying this for years, you keep taxing the shit out of people and they will just leave.

Quote
California State Controller John Chiang just announced that total State revenue for the month of November 2012 fell $806.8 million, or 10.8%, below budget.  Democrats thought they could hammer “the rich” by convincing voters to pass Proposition 30 to create the highest state income tax in the nation.  But it now appears that high income earners have already “voted-with-their-feet” by moving themselves and their businesses out of state, resulting in over $1 billion shortfall in corporate and income taxes last month and the beginning of a new financial crisis.

http://www.testosteronepit.com/home/2012/12/9/californias-budget-goes-off-the-cliff.html

tbombz

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #72 on: December 11, 2012, 04:46:38 PM »
Still the envy of the other 49.

Emmortal

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #73 on: December 11, 2012, 06:17:40 PM »
Still the envy of the other 49.

Maybe 20 years ago, not so much anymore.  We still have nice weather though.

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Re: Financial Collapse of California Thread (Land of the Lunatics)
« Reply #74 on: December 11, 2012, 06:21:23 PM »
Still the envy of the other 49.
Not anymore bro. Definitely used to be, thats for sure. But not today. Everyone I know today avoids California like the plague, unless they're vacationing.