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Originally Posted by alnorth
well yeah, I understand that you are defensive and angry about some outsiders calling out your incredibly dumb voters and politicians, but you guys are destined to beg the rest of us for money soon. This thread was started with the intention of smugly teasing KC about our weather anyway, so if you get some blowback from that, then that is just too damned bad, deal with it.
California is a failed state. You will, once again, start sending IOU's to state workers and vendors this year, you'll annoy us with national news stories about how CA is broke again, and this time you will have run out of one-time fixes and budget gimmicks, the republicans in your state wont allow tax increases, and youll run out of options.
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Lol it's worse than that. It's not up to the republicans (although the CA legislature is pretty much corrupt and worthless on both sides). Everything gets put to a referendum here, so voters pretty much approve every perk imaginable and vote down any possible way to pay for it. But all that broke stuff is overblown. Threatening to shut the state down is just the only way the governor can get the senate to do anything.
California makes and spends so much money it's obscene. The Fed is printing enough money to drive inflation through the roof, which will raise CA's property taxes back to sustainable levels before too long. Then the legislature will start overspending again, and repeat the cycle.
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The cost of a bailout will be painful, the rest of the country is in no mood to easily pay for your state's gross irresponsibility.
Your state is our Greece.
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Lol if you think you guys won't be bailing us out if needed. If you think AIG could have brought to the world to it's knees, try the 5th largest economy in the world defaulting on its debts and descending into chaos. Although there is a legit fear that the Fed simply won't be able to bail out CA, if it comes to that. Welcome to Mad Max country if that happens. And give up on that pipe dream that you're going to be able to hold off battle-tested, armed-to-the-teeth street gangs with a few guns, dried goods and some gold that Glenn Beck sold you. (Although obviously I'd much rather take my chances in Olathe than LA when society breaks down.)
But I rent, live a block from the beach, and can always move if the shit hits the fan. So why should I worry about any of this again?