Thursday, July 2, 2009

States without budgets as key deadline passes



States race to keep governments running as California governor declares fiscal emergency



And Obama runs surpluses! A TOTAL economic disaster in the making!!

3 comments:

googleheim said...

OBAMA PROMISED UNCOMPROSMISED UNCUT HEALTH CARE ...
... BUT DEMOCRATS BUDGET AXED IT.

OBAMA PROMISED TO SAVE JOBS ...
BUT OBAMA SAVED FINANCE JOBS AND NOT MANUFACTURING JOBS.

OBAMA PROMISED TO WORK IN BI-PARTISAN MANNER ...
BUT ALLOWS CALFORNIA TO GO DOWN THE TUBES AS A MATTER OF GETTING A DEMOCRAT INTO THE GOVERNORSHIP.

ALL FAKE BAKED CAKES !

PROVIDING CALIFORNIA WITH FUNDS AND REQUIRING THAT CALIFORNIA SUSPEND ALL STATE TAXES ON OUTSIDE ENTITIES ( EXAMPLE : EVEN IF YOUR WEBSITE RUNS ON A SERVER IN CALIFORNIA WHILE YOU MAY BE A FLORIDA CORPORATION, YOU MUST PAY NEXUS TAXES ) THEN
THE COMPOUNDING AND MULTIPLICATION OF THIS SORT OF STIMULUS WOULD ECHO AROUND THE COUNTRY GIVEN CALIFORNIA'S SIZE.

ALSO : I WOULD LIKE TO POINT OUT THAT CALIFORNIA WOULD BE THE NEXT BEST STATE THAT WOULD INCORPORATE A FREE HEALTH INSURANCE LIKE MASSACHUSSETTS. OBAMA IS ESSIENTIALLY PREVENTING THIS BY NOT HELPING SUSTAIN CALIFORNIA W
HICH IS THE "NEXT BEST THING TO HAPPEN" STATE CAPITAL OF THE WORLD.

mike norman said...

Yes, David Axelrod believes that more political "capital" can be gained from being fiscally conservative now. The audacious (and correct) thing to do would be to ignore the deficit terrorists and go full-bore with a huge spending stimulus.

googleheim said...

THERE MUST BE SOME TYPE OF MODELING ISSUE.

IF YOU UNLEASH ALL THIS MONEY, THEN PRICES WILL RUN UP ON BASICS.

WE HAVE TO ANALYZE THE 'WEIGHTED' SPECULATION CONSTRUCTS THAT THE NY POST ARTICLE ELABORATED WHILE ALSO GETTING RID OF THEM.

YOU CAN'T UNLEASE ALL THIS MONEY WITHOUT SHAREHOLDERS DEMANDING PROFITS PROFITS PROFITS WHICH MEANS MILK COSTS MORE, GAS OIL COSTS MORE AND ALL THAT.

THE COMMODITIES MARKET IS IN A POSITION OF WHIM NOT SOLID

EX - CLINTONIAN ECONOMICS HAD US WITH A DIFFERENT PARADIGM THAN BUSHIAN

UNDER CLINTON COMMODITIES WERE DIRT CHEAP, UNDER BUSH THEY SPIRALLED OUT OF CONTROL.

VERY DIFFERENT MODES OF DEREGULATION.

OBAMA IS PRIMARILY ON THE CLINTONIAN SIDE, SO MAYBE HE IS LOOKING FOR A WAY TO MAKE THE 90'S COME BACK WITHOUT THE BUSH WHACK UP ON COMMODITIES

UNLEASHING THE STIMULUS WITH THE BUSH SYSTEM STILL IN PLACE IS JUST A REPEAT OF 2004 TO 2008

HIGH PRICES WITH BIG HOLES IN THE SYSTEM WHICH PREVENTS RECIRCULATION AND MULTIPLIER EFFECT OF THE STIMULUS MONEY.