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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (390782)	11/3/2010 6:33:37 AM
From: carranza2	3 Recommendations Read Replies (1) of 794358

I think we're seeing in California the limits of the democratic process in a Big Government state. The statist workforce and the dependency class can outvote the productive class. And, given the number of Californian small businesses who'll be ordering the U-Haul in the morning, that electoral gap will only widen in 2012 and beyond. California is Greece: The arithmetic does not allow for meaningful correction. The question is whether Texas and other non-insane states will volunteer to play Germany to Sacramento's ouzo-swiggers. Steyn is brilliant. However, he has one thing wrong: there is no reason whatsoever why Texas and other fiscally responsible states should lift a finger to help California. I think the beauty of the place and its incredible and well-managed post WWII boom somehow created a mindset that anything is possible regardless of the realities of economic and fiscal life. Chances were taken that should never have been taken. Well, reality is knocking at the door of the lotus eaters. Even in Louisiana we have a balanced budget requirement in our state constitution. I don't think a state has ever declared bankruptcy. Seems likely that California eventually will. You're right about Moonbeam. He was the last example of the "screw the economics, it is a good idea" thinking that prevailed in California. He is clearly not the guy to make the difficult decisions that will have to be made. The unfortunate thing is that state taxes will go so high that no one will want to invest there despite the fact that its collapse would otherwise result in a lot of opportunities for investors. Still, look for a lot of Asian money to move in to scoop up RE 'bargains' despite the tax burdens. I am very glad to see that Prop 19 failed. It is a complex issue. I don't give two hoots if someone likes to light up, but let them grow their own plants. On the other hand, pot and other drugs from Mexico subsidize a brutal drug war which will eventually be a serious national security issue - not that California pot smokers care. Still, I think the symbolism inherent in legalizing drug use is a bad thing. There ought to be some fundamental symbolic recognition that lotus eating/smoking and the self-indulgence it represents is a bad thing in these difficult days. California should reject the symbol of self-indulgence that got the state where it is. California's slide into the third world has begun in earnest.

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