Sounds like California needs to get a job.

Maybe start selling some of its crap on Craigslist.

Again? Didn't they just go through this a couple of years ago? I remember the story on the news said "California to give out IOUs to pay their bills" I was dying laughing, but now it looks like it may happen again...

Originally posted by thisguyrighthere
Maybe start selling some of its crap on Craigslist.

They can't do that. Most of California's "crap" is in the form of their politicians that refuse to practice any form of personal responsbility or political restraint with the state's tax dollars. Craigslist terms of use forbid the sale of pets, including "rodents."

Why is it never an option to just spend less money? It seems they either want to auction off state assets, raise taxes or borrow money to fix spending problems...............the problem is SPENDING!

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How soon before every other state needs to kick in to bail them out with Fed dollars? If we have to do that, then the state should have no right on how the money is spent. Just as they impose on cities that are failing.
When TARP was introduced, if I recall, the stimulus money they received was to hire new teachers and they spent it on the teachers pensions instead.

Take a look at were movies are made now. If you have cable and pull up the menu of the movie you are watching, it now states what country it was filmed . Canada is a big one with many European countries. Hard see many films produced in the USA. I wonder if their over taxation and regulation have anything to do with it.

Originally posted by mugger
Hard see many films produced in the USA. I wonder if their over taxation and regulation have anything to do with it.

Imagine how brutally their film revenue will decrease next year if the porn industry makes good on their promise to relocate over the new mandatory condom use law LA enacted. I somehow doubt many of those companies are going to stay in California, especially since that law is likely to get on a statewide ballot sooner rather than later. CA will watch one of their few remaining big revenue streams pack their trailers and move to Nevada where real estate is dirt cheap and the state/counties have a much more logical and sensible track record on regulations.

Let's be honest here, no political pandering or insult intended when I say this, but California was a huge social experiment. What would happen if you took a state which has abundant resources, amazing beauty, and massive opportunities and turn it into a progressive, borderline socialist state? Would it work? Could Cali be a model for the dreams and desires of all the people who believe that the government must protect us from ourselves, redistribute our wealth, and regulate everything under the sun? The answer: It failed. Now, instead of opening up the state to the idea of salvation via dropping the regulations, rewarding success, and encouraging industry, the state's idiot politicians are trying to regulate and tax even more to save themselves from the ill effects of overregulation and overtaxation.

It's like a drowning person swimming deeper into the lake in hopes of finding a pocket of air.