by Jane Jamison | December 18, 2010 1:09 am
Governor Moonbeam says California has been living in Fantasyland.: : Jerry’s not cracking jokes about the budget anymore.: : In his own crude parlance, he’s realizing being: California governor might suck.: : : His big labor donors are getting worried, too.
Be ready for it California. You have the highest or nearly the highest state income, sales and property taxes.: : : Because you keep electing spendthrifts to the statehouse, you are going to have pay more and more and more starting in two weeks.: : In 2012, it will get worse.
Incoming governor Jerry Brown is finally starting to “get it.” Or maybe he is just now ADMITTING he gets how serious the California fiscal crisis is.
When a radical liberal like Jerry Brown finally admits there is a problem with the state budget, how bad must it be and how bad can it get?
We will find out soon.
Bad choices at the polls beget bad policy later. Here come your consequences, California. There will be extreme measures for taxpayers, with perhaps NO consequences at all to the bureaucrats and elected officials who will “fix the problem.”
California Air Resources Board Passes New “Cap and Trade” Regulations
As you may already know, the California Air Resources Board has passed new regulations having to do with California’s “cap and trade” law, AB 32. These new rules will require retro-fitting, permitting, reductions in supposed “carbon emissions” from businesses, and vehicles. The cost of doing just about everything will go up…..fuel, power, fees, “offsets.”
Incoming Governor Moonbeam says California has Been Living in “Fantasyland”
The next whammy will come from Sacramento where the state budget is more than $28 billion in the red. That doesn’t count the $500 billion in unfunded state employee pension liability, nor does it account for a projected $200 billion in city and county employees’ pension liability.
[This week’s bad news on that front is a new report for the city of San Francisco: unfunded retirement pension debt for city employees has now exploded to $4.36 billion. It will bust through $9 billion by the year 2033 if nothing is done. Currently, all city employees receive LIFETIME health care benefits after only five years of employment.]
San Francisco currently has a $721 million deficit…..that is an impossible breach for any tax or fee increase, but of course, city supervisors keep raising whatever they can, however they can and keep spending on frivolous “extras” such as hosting the America’s Cup.: : [: See Bay Citizen for more. ]
If Jerry Brown is finally admitting the California budget is bad, it must be a disaster.
Here are just a few of the sobering comments coming from Brown and crew during his budget “summit:”
“I’m going to try to get the budget agreements done within about 60 days. I don’t think we have a lot of time to waste,” he (incoming governor Jerry Brown) said.
“This is really a huge challenge, unprecedented in my lifetime,” Brown told hundreds of educators, union representatives and parents who had gathered at UCLA. “I can’t promise you there won’t be more cuts, because there will be.”
State Treasurer Bill Lockyer grew visibly frustrated by some of the comments about increasing funding of programs, such as online education.
“Anyone who thinks we get by that without everyone getting hit probably should live in Mendocino County,” he said, referring to the region known for marijuana growing. “There are going to be cuts.”
“So far, I’ve heard good ideas about how to spend more money. Great. It ain’t there. It’s time to make cuts, I believe deep cuts,” Lockyer said. “I’d do the 25% across the board and just say those who wanted less government, you’re going to get your wish. In other communities that are willing to put something on the ballot to make up that difference, they’re going to have a higher service level.”
“We’ll present a budget on Jan. 10. It will be a very tough budget, but it will be transparent,” [Brown ] said. “We’ll lay it out as best I can. We’ve been living in fantasy land. It is much worse than I thought. I’m shocked.”
No, Jerry, you and the California Democrats have been living in Fantasyland. Here are just a few examples.
—Jerry Brown, September 8, 2010: Speaking in Silicon Valley:
“ I have a plan. [loud laughter] I’ll tell you after the election.” [uproarious laughter]
— Jerry Brown, October 18, 2010: Speaking in Los Angeles to Hispanic students:
“We have enough wealth to continue to have a great university and get every kid into this school that can qualify. Now when I say every young man and young woman, I mean everyone — whether they are documented or not. If they went to school, they ought to be here.”
— November 17, 2010: California’s budget was 100 days late and within one month of signing it, was shown to be $6 billion short. State legislators were being treated by lobbyists to a five-star resort vacation in Maui and unable to make any decisions about spending, taxes or cuts.: They still haven’t.
— September, 2010: California legislators have plenty of time to do fundraisers at luxury resorts and golf courses to raise millions for themselves, but the state’s bills go unpaid.
— June, 2010: “Yes, they missed the constitutionally-mandated deadline for passing a budget – again — In between trying to plug that $20 billion black hole (how long could that possibly take?) and gunning to strip the state rock of its official title, they managed to set aside June 14 through 20 as “The Week of Celebrating Golf and the Golf Industry in the State of California.”
Jerry Brown is on his way to doing the bidding of the big labor unions which spent $20 million to elect him: He is making a beeline to taxpayers to raise taxes and cut the most visible, popular programs in the state. He makes not one meaningful move to cut the lavish contracts, pensions and benefits for the fat cat state workers.
UNCOVERAGE.net has learned: There IS legislation pending on a national level to change bankruptcy code to allow states to go into bankruptcy to cancel their state employee union contracts. What needs to happen is to decertify the government employees in the state: state, city and county and re-do their pensions and benefits and cut thousands of state jobs. We are now paying more of our tax dollars to retired employees than to workers who are actually “on the job.”
More on that soon, but let’s just say, : this legislation if it is passed, will wipe the smiles and fade the Hawaiian tans off of some of the unions, lobbyists and lawmakers who have been living in Sacramento statehouse “Fantasyland.”
Further reading on UNCOVERAGE.net:
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