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Judgment Day: Broke California Faces Shutdown

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posted on Jun, 13 2009 @ 04:17 PM
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Judgment Day: Broke California Faces Shutdown


www.timesonline.co.uk

"The state of California is in crisis and time has almost run out...The state’s top finance officials warned that unless an emergency austerity plan is agreed by Monday — and there is little chance that it will be — they will not be able to borrow the billions of dollars needed to keep the current government functioning. one in the state, not even its dozens of billionaires, will be unaffected..."
(visit the link for the full news article)




posted on Jun, 13 2009 @ 04:17 PM
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Well, "As goes California, so goes the nation." We'd better hope not.
According to this grim little piece from the London Times, Cali will implement at least the following, for starters:
-Hundreds or thousands of Policemen, firemen laid off
-Parks closed
-All university educational financial aid terminated immediately.
-Billions yanked from educational budget in general, with a SHORTER school year
-All strays killed after 3 days
-No money to treat infants exposed to drugs
-No more absentee ballots

And words from the big man himsel:

"Mr Schwarzenegger, whose popularity has plunged to levels that George W. Bush would recognise, told lawmakers in Sacramento, the state capital: “California’s day of reckoning is here. Our wallet is empty. Our bank is closed. Our credit is dried up.”

www.timesonline.co.uk
(visit the link for the full news article)

[edit on 6/13/09 by silent thunder]



posted on Jun, 13 2009 @ 04:24 PM
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Hooray. I'm so exciting for this!
...
Man, if SHTF here in California soon, it's not going to be pretty.
I better start lockin' the doors..



posted on Jun, 13 2009 @ 04:44 PM
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And also the early prisoner releases while cutting the police force.Recipe for insane crime rate.Also closing its parks and beaches which is a big tourist draw.Poor Cali.



posted on Jun, 13 2009 @ 04:51 PM
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See Cali. should have had a REAL governor rather than Mr Terminator. I mean what's wrong with just having a REAL one that does a REAL job. Instead of this 80's actor???


Great work Arnie, now go back in time and fix it... oh that's right you can't


+16 more 
posted on Jun, 13 2009 @ 04:58 PM
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The govenor has nothing to do with settings the majority of laws and budget in the state. You need to get an education.



posted on Jun, 13 2009 @ 05:00 PM
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So I guess Monday 8:00 a.m. or whenever the government opens(
) will be the deciding fate.

The most sickening part about all this, is that there is not one politician in that state that has the cajones to stand up and tell the people the truth.

The indoctrination they used to get to where they are at has become their own enemy. The majority in that state wants to keep all entitlements, but doesn't want to give up 100% of their income to keep the state going.

Whew, the implications of this are going to be major.

[edit on 13-6-2009 by Hastobemoretolife]



posted on Jun, 13 2009 @ 05:00 PM
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reply to post by RenDMC
 


It was not all Arnold's fault. He was a small part of a nearly socialist state that has a ridiculous record of wasting tax dollars on stupid projects. Does it remind you of a certain bigger government that loves to poor money down a rat hole?



posted on Jun, 13 2009 @ 05:12 PM
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Originally posted by RenDMC
See Cali. should have had a REAL governor rather than Mr Terminator. I mean what's wrong with just having a REAL one that does a REAL job. Instead of this 80's actor???


Great work Arnie, now go back in time and fix it... oh that's right you can't


I'm not saying he's a good Governor... he isn't mine. However the fact that he was an actor doesn't mean anything. There have been plenty of actors who made fine politicians and statesmen. Sonny Bono, Clint Eastwood, Ronald Reagan, etc... Hell Roy Acuff of country music fame even ran for Governor of Tennessee...

Historically there is no evidence that being an actor or entertainer makes you a bad politician...



posted on Jun, 13 2009 @ 05:23 PM
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There are still a lot of good people in California that are going to be hurt badly by this debacle. On the other hand, Californians have no one to blame but themselves for this mess. This situation has been building for years. As usual, the politicians and talking heads are trying to fix blame rather than fix the problems.

What interests me most is what is the Federal Government going to do? I don't see how the politicians in DC can stand by and let California implode. I also don't see how any politician in DC can propose to give tax dollars from other states to "bailout" California. Talk about a no win situation.

Where I live in Colorado there is a great deal of anti-California sentiment. If our tax dollars are sent to bailout the fools in California there will be hell to pay for any politician who votes for such a thing.



posted on Jun, 13 2009 @ 05:28 PM
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I really feel for the people of California. I hope this ends well for them.

I mean you'd think the government could extend a hand, but then again they are a bit strained too I guess.

Poor Arnold. Ohh well on the brightside we may see him in the next Terminator film, he's poised to have alot of time on his hands after the next election
.

On a serious note, I would love to see a full report on how this happened, bit by bit, so they could learn from their mistakes.

The only blame I see being cast is on the Economy, I think we have to look closer at the running of the state in the past 10 years or so.

~Keeper



posted on Jun, 13 2009 @ 05:30 PM
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reply to post by grapesofraft
 


Nearly socialist state? Are you kidding me? What in God's name are you talking about?



posted on Jun, 13 2009 @ 05:38 PM
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I love my state, but I don't want the government to bail us out. The rest of the nation is already in big enough of a pickle. Our state officials brought this on even when they were warned, even when people were speaking out against their actions in outrage. They should be held responsible and everyone in California should work hard with their neighborhoods and stay strong, because you can't count on our broken government to make times better, they just do not have the resources that some people want them to have. We have to start being realistic about our means.



posted on Jun, 13 2009 @ 05:41 PM
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reply to post by grapesofraft
 



has a ridiculous record of wasting tax dollars on stupid projects

Not to mention over taxing us on everything under the sun. Why make people in Cali pay such high taxes on everything if they intend to blow the money? It's just so illogical.



posted on Jun, 13 2009 @ 06:01 PM
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I live in Vegas and have noticed a lot of people moving here from California. It is indeed getting bad, and it is not something that you can say "Oh it will eventually get better".

This is one of the problems that I see when it comes to states running themselves if they became sovern states. If the state cant handle their own, then they are in bigger trouble then they realize. California is California, and they should have done whatever it took to keep the cash flow comming in like taxing their number one crop(we all know what that is). Another problem I see with this is that when it comes to voting for things such as welfare, people vote For welfare, but will never vote to raise taxes on people to pay for that welafre, thus bankrupting the state.
In my opinion, this all could have been prevented by the people themselves, but they never voted yes to pay for all of their handouts.
I love California to death, but they should have seen this comming a long time ago. Just my opinion though.



posted on Jun, 13 2009 @ 06:05 PM
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California Was in no way not avoiding this. blameing Arnold is only allowing the others that brought this to the state to get away scott free. Which would be BS.

It would take more then a govenor to fix that state ... Wouldn't be surprised if NJ is next on the list lol.



posted on Jun, 13 2009 @ 06:10 PM
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reply to post by Common Good
 


Actually, I think that it was because of a strong belief by almost everyone in state government that the federal government would step in. It's the ole moral hazard rearing it's ugly head again.......



posted on Jun, 13 2009 @ 06:14 PM
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reply to post by Iamonlyhuman
 


You are probably right, and it wouldnt suprise me if that was the case.
Everyone seems to be in the buisness of getting bailed out these days by poppa bear.

Lets jsut say we did "bail out" California.
What makes them different from companies such as GM?
How do we know that they wont just go back to the way it was once those dollars have been spent?



posted on Jun, 13 2009 @ 06:32 PM
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I live here in ca, ... and I wouldnt trade it for any other place in the world. as far as this " crisis" goes ...... ya know, ... today doesnt look too different from yesterday. .... as im sure tommorrow will bring much of the same.
things will work out, they always do. no need to worry, its a waste of energy, ...... Arnold is more than capable to handle any crisis that may come up , such as the eventual .... rise of the machines !! ..... i mean come on, ... didnt anyone see " kindergarten cop " ???



posted on Jun, 13 2009 @ 06:38 PM
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For those of you that are excited for the collapse and cant wait for this to happen...

May i remind you that California is a major part of the us economy.


According to the California Department of Finance, California's gross state product is $1.543 trillion.

According to the Bureau of Economic Analysis, California's gross state product is $1.727 trillion (2006 data, last updated Thursday, June 7, 2007)


And in world terms in money GDP Ranking.


The economy of California is often cited for how it would compare to other countries if California were an independent nation. The statistic quoted varies widely (usually placing California between 7th and 10th) depending on the source, but also depending on the year. [17] The most recent estimates (provided by the CIA's Factbook) put California tenth.


Now, since the economy is already teetering if not tanking towards total collapse, thats not a good thing for the rest of the US monetarily-wise. But, we are also a major grower of alot of the US's produce.


California is the world's fifth largest supplier of food and agriculture commodities. Agriculture accounts for just slightly over 2% of California's $1.55 trillion gross state product.[citation needed] Airborne exports of perishable fruits and vegetables amounted to approximately $685 million in 2007. By way of comparison, California exported more agricultural products by air that year than 23 other states did by all modes of transport.

According to the California Department of Food and Agriculture, "California agriculture is nearly a $36.6 billion dollar industry that generates $100 billion in related economic activity."[10] The state’s agricultural sales first exceeded $30 billion 2004, making it more than twice the size of any other state's agriculture industry.

California is the leading dairy state. Milk is California's number one farm commodity. California's dairy industry generated $47 billion "in economic activity" in 2004 and employed over 400,000 people


So yeah. Now we are talking international shockwaves. Its just not good all the way around. When you are paying 10bux for a head of lettuce or 15bux for a gallon of milk, you will know why. The politicians are killing off the agriculture here by not releasing water to an already drought ridden state.

Some have talked about wanting to split California into 2 or 3 sections both here on ATS and abroad. Even starting organizations to make it happen.

Downsizing group
ATS Thread

Its gonna be interesting to say the least no matter what happens. But if anything, definitely not welcomed and cheered on.

The .02¢ of a Californian

Silver

**Info Source**
Economy of California Wikipedia







 
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