Comments on: California Bankrupt?

By: cw

cw — Wed, 01 Feb 2012 14:39:55 +0000

Study what we do in Sweden.We have the best economy in the world now (and we have a right wing government not socialist :O) )

By: Ron

Ron — Mon, 06 Sep 2010 14:57:19 +0000

As a nation we are only as strong as our weakeast link, if it breaks we all fall.

By: pjw

pjw — Wed, 18 Aug 2010 14:22:38 +0000

Nobody’s gonna let California collapse. That would result in the whole of the US credit rating being downgraded worldwide as lenders fear other states following suite and America becoming a basket case by default. No one’s going to allow that. Tough times ahead sure, but the sun will shine again on the west coast you can be sure.

By: Scott

Scott — Thu, 29 Jul 2010 20:47:45 +0000

Greg, you wrote,
“So true Benjamin. However, this crisis is not supposed to be solved, just like we can’t figure out how to keep those bad ol’ messicans from sneaking across our border, or how to stop the thousands of tons of drugs from coming in to our nation, or how to make people work in order to eat, or how to stop illegal invaders from getting government (taxpayer) benefits…. America is very intentionally being brought to such a point-of-no-return crisis that the sheeple will bleat out longingly for our wolf-leaders to rescue us with a new currency and a new nation that is combined with Mexico and Canada.”

That’s the best synopsis I’ve seen or heard. Bravo!

By: jimmy

jimmy — Sun, 18 Jul 2010 17:34:38 +0000

Watch The Money Masters video… enlighten yourself….socialism is a nightmare…ask grandma.

By: John Acord

John Acord — Mon, 05 Jul 2010 14:02:25 +0000

I’m a fourth generation Californian and I sincerely feel your pain. I left the Peoples Republic of Santa Monica for Texas 15 years ago and never looked back. My family and business have prospered. No state income tax, lower sales taxes, less regulation, greater prosperity, less crime, clean air, less highway congestion. It appears that nearly all of my entrepreneurial friends have also left and I constantly meet former Californians who left for the identical reasons I did. In the USA we can vote with our feet and the feet have spoken. My suggestion to all, I’d look for opportunities in Texas and start packing your bags. California is finished. Certainly by 2012 a federal receiver will be running the place and he’ll be raising your taxes and confiscating your property to pay state debts and payroll. Some federal judge will set aside Prop 13 and impose huge taxes on your property. They have abandoned the productive, they will not abandon the welfare state because in their Bolshevik minds the “needy” are entitled to whatever wealth you have left. By the way, BHO and his horde of Bolsheviks will have a hard time confiscating Texas property. In Texas we have plenty of guns and are prepared to use them. We will defend our property and ourselves. I am sure no one in California can make a similar claim, at least realistically. You’re all invited to join us.

By: kevin

kevin — Fri, 25 Jun 2010 11:47:27 +0000

@Benjamin

US Constitution, Article I, section 10, clause 1
No state shall…coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts.

There is a very very very good reason for this being the way it is. States and nations will print money to pay their debts, destroying the currency.

By: Lawrence

Lawrence — Fri, 25 Jun 2010 09:29:40 +0000

Audit the FED! Close the FED! Have the State stand alone without the FED! Issue their own currency. The FED & the Government is the problem. Name ONE thing the US Government has done RIGHT since 1920? Everything they have done has FAILED! Just look around its only going to get much worse. Have any of the Banks been held accountable? Has anyone besides Madoff gone to JAIL?

Hit the Reset button!

By: Greg

Greg — Thu, 24 Jun 2010 10:53:47 +0000

Gary – I understand your disdain for the Republican Party. The American people have been screwed right and screwed left and that will continue. The supposed choice we have had to vote for one of the two parties has been used for the purpose of keeping people blindly hoping that things would change but all of the politicians support the same root causes and those all lead to the demise of the American way. My points for this latest response to you would be 1) we have not had true conservative values for decades 2) labels are dangerous and any person under a label that we think we like can still be absolutely despicable 3) no one should delude themselves into believing that we are going to get a Socialist Robin Hood or any other type government to rescue us, no matter what label they put upon themselves.

It was my recognition that the “conservative” leaders I had voted for did not do anything different than the “liberal” leaders I helped vote out that started my path towards seeing things for what they are as opposed to what I had been duped into thinking they were. You make some valid points but you destroy all of them when you make the conclusion that our answer is more government control. They created the chaos and they are using the chaos to justify total control over every person. They don’t love you, man!

By: Gary

Gary — Thu, 24 Jun 2010 01:40:50 +0000

I think M Schwartz really sums it up good. We already have a large functionally illiterate US population. Why in heavens name would we want to have more low skill people come into the country? Oh I know-so corporations and business can drive down wages and destroy unions. That way they have enough money for the 5th house in the Hamptons. What these short sited idiots did not realize is that no middle class=people have no money to buy their products and everyone suffers (almost everyone-don’t get me started on taxing the rich hard…)

Greg-I really do appreciate your efforts to educate me. It is probably an exercise in futility I used to vote republican until I woke up and saw that all they care about is rich people getting tax breaks and corporations/profits being put before people. You can simply look around to see the tremendous damage the conservative policies have done to our country.