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To: Jim McMannis who wrote (12914)	8/21/2003 11:42:36 PM
From: Lizzie Tudor	Respond to of 306849

what happens in the default, have you ever seen a state default? Do you think there will be a federal bailout? I think we're doomed, you know the tech workforce numbers are lower than 93/94 and going down. Immigrants (from mexico not india) are way up and that is costly. (indian immigrants up too but they add to the revenue pool). Most of the population of California thinks you can balance the budget just by cutting "waste". No way, the unfunded federal mandates take up the total budget that isn't already locked down due to prop 98 (schools get 50% of budget initiative). Everytime they try to cut some eensie weensie thing, every soccer mom comes out of the woodwork and the legislature backs down. To read this thread, you'd think the legislature was the evil insect arm from "the fly" or something. The legislature doesn't make up expenses for fun, the voters threaten to vote against them if they cut any services at all. I wonder what the outcome will be.

To: Jim McMannis who wrote (12914)	8/22/2003 8:26:07 PM
From: David Jones	Read Replies (1) \| Respond to of 306849

.....there is more to it than that..... I agree Jim we are for lack of a better description, were "screwed". And it's too late now that the general fund is depleted and billions in bonds are passed. The costs of living here has to go up. "PUC has just allowed for a hike in electric rates which could mean up to 40%" All the politicians like Bustamante cant expect business to absorb the blunt of poor fiscal management. There's going to be tax increases and service cuts and it's going to get ugly. As for open borders. I'd put our national guard holding hands along the boarder. If the Fed wont do their job I'd do it for them. If a non citizen woman comes across our national boarder and births a child we have a new American family. No other country in the world puts up with that to the extent we here do. pardon the length of my ramblings