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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: zebra4o1 who wrote (55568)1/19/2008 2:12:33 PM
From: E. Charters   of 78410
 
Much of that spending in the ongoing CA budget crisis which has loomed since 2003, is due to locked in programs and bad money control amongst entitled institutions like teachers, et al. Scwharzenhammer is right. It is a spending problem not an income problem. CA citizens pay enuff taxes. Their snivel slurpants just gobble too much. All these beleagured G7 governments live off the fat of the land to the limit, and lay waste to the citizenry to keep the style they have been accustomed to when times get sad.

We see a similar thing in Canuckistan whence the infrastructure crumbles in potholed cities, and provinces like BC with ALL their taxes collected at all levels cannot even pay one service, their hospitalization medicare. US be warned.

The maintenance of cities and roads is built in by substandard contractors who build in obsolescences, and then charge fixed fees on underhand not so sealed contract bids to repair regularly. The voting block replete with NGO's looking for handouts from mutha guv, and the civil service union, dominate lobbies and the re-elections, so the ordinary poor screwed tax payer must bear the burden.

Never in history has man paid so many taxes for such government luxury. Not even the pharaohs of Egypt or the Roman Empire took those kind of cuts in tribute from their vassal states. In the 1890's they thought ten per cent tax was scandalous. In the 1800's Jefferson ran the state on excise taxes alone, no corporate charges to income tax was needed.

EC<:-}
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