posted on Dec, 1 2012 @ 09:45 PM
California a state that has a lot of problems that are now coming to hit home.
The fact that this is happening, should not be suprising, or unexpected. When cities in a state are losing their ability to borrow money, the state
has to issue IOU's to its employees, where promises were made and not met, where city government is corrupt, and federal laws are fully ignored, and
unions are so involved in politics, is it any wonder?
Having lived in the state, it can be stated that this is rampent, and it is slowly failing, while states can not declare bankrupcy, California is
running a deficit of 16 billion, and a debt of 617 billion dollars. And that is the state, not the individual cities. So that means many of the
cities can not even rely on the State for help, and yet they refuse to cut back.
To make matters worse, the laws and regulations that regulate business in the state, are more often than not a mass of red tape where it is difficult
for a business to run. Having lived in southern California, and working in the gas/convience store, it was amazing to see all of the different
regulations that were required for running such. Not only did we have to comply with the federal and EPA, but also the state, county and city
regulations, and all of it had to be followed to the letter. Starting a new business was hard, unless you were associated with a coporation. And all
of it could be stopped by a challenge by the local community or any group who decided it did not like what you were doing, costing more money and
So is it any wonder that many businesses are leaving the state, and looking for more favorable states to set up? And don't think that Walmart is not
feeling the effects of such. The last year that I was living there in Southern California, Walmart wanted to start to convert many of its stores to
Super Walmarts, and many city councils were not only against such, but were holding hearings to hear about the viablity of such, and in the one I
heard about, it was denied, seemed like many of the neighborhoods that would have benifitted from such were going to be denied.