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Originally posted by IKnowNothing
reply to post by Stormdancer777
States go 'broke' because they have idiot forecasters. The state of California spent more money then what they had, thinking that they would be able to pay everything off during the year. The problem is that you can't keep placing a percentage increase in a budget, if there isn't any money. Apparently, politicians can't seem to grasp this. Budgets are very hard to decrease because politicians want to keep the pork. I can only imagine how much better off California would be, if they didn't spend money on ridiculous programs and projects.
Let me give you an example of forecasters in government sectors. I know for a fact that this type of example isn't limited to my own experiences. I work for one of the biggest state run university systems in the country. A year before the Sept/Oct 2008 crash, I had told them that they need to reduce their budgets substantially in order to survive for the economic slowdown which will begin in Fall 2007 and will only be worse in the following years. Not only did they not listen to me, they laughed it off, saying that I was 'too young and naive.' As you can tell, they increased the budget after my warning. As of today, the university is told by the state to make $80 million in cuts before Fall, and more is to come in 2010.
The problem as to why states/government fail, is because those at the top, believe they are the smartest people in the room, when they have no idea what's going on around them in the real world.
Ron Paul, Libertarians and Constitutional Party members seem informed, although linking currency to a commodity (gold) as Paul advocates is an unnecessary variable that will dangerously affect the value of the currency.
Originally posted by Skelkie3
reply to post by 12.21.12
What's with this notion of states losing there ' rights ' ?
Google ' Abraham Lincoln ' then wade through the miles of ' it was all about slavery ' and other crap, and you will find that the US Constitution ( which put states and their laws ABOVE the nat'l government ) was murdered there... along with at least a million people- many of whom just didn't want THIER property traded on wall street- or didn't need or want English/Rothchild loans.
Even the pretense of constitutional america died then- with Lincoln. The single greatest murderer in American history.
Originally posted by ClintK
You know what the problem REALLY is? We're stupid. We want sky high standards in education and other state services, but we don't want to pay for them. When was the last time anybody got elected advocating a tax increase?
On the other hand, if you talk about cutting taxes, in spite of how impractical and unwise it would be, we get all excited. Because it means MORE MONEY IN MY POCKET RIGHT NOW!!!!!!!!!!!!
And that's what we want. We demand everything but are appalled that we actually have to pay for it. And anyone who says otherwise is committing political suicide. We'll LABEL him, by golly, and then we'll feel superior.
Stupid is stupid. Stupid, by nature, doesn't have the ability to see it's stupid. and so it will continue until the pain level gets really, REALLY high.