Saturday, February 27, 2010

California Should Get The Same Treatment As Greece

Governor Arnold Schwarzenegger praised the Stimulus Bill while calling the GOP a bunch of hypocrites. Many republican governors complained about the amount of federal spending, while at the same time accepting the money to shore up their budget deficits. Fair enough, but does Arnold have to prostitute himself to Washington D.C.?

Schwarzenegger made a dubious claim that the Stimulus Bill created 150,000 jobs in his state. Really? I would like to know what kind of jobs they are, and how long they last after the welfare checks stop coming.

Now, the Governator is back and he needs more money for California’s bloated budget:

"I don't see one state getting a carve-out," Sen. Barbara Boxer, D-Calif., said after meeting with Schwarzenegger and the legislators. Boxer said her aides were exploring whether some of the roughly $50 billion in federal economic stimulus money the state is slated to receive this year for public works and other projects could be used to offset the state deficit.

"The key thing is we get more money for the state of California," Schwarzenegger told reporters. "Not a handout, but money we deserve.

Oh, but it is a hand out. And California is becoming another Greece.

Greece has serious financial problems. They need a bailout from the European Union in order to shore up their bloated budget. The Union finance ministers have given Greece one month to get their house in order, or they will lose control of their taxation and spending policies to a central council; in effect losing their sovereignty. Voting rights will be denied to them. Many Europeans would like to kick Greece out of the Union.

In order to comply with the mandates, Greece has to contend with their public unions. Drastic cuts have to be made, and many do not like it. A confederation of public and private unions, along with farmers, and the communist party have band together in massive strikes. They are clashing with police in downtown Athens.

California has the same kind of problems as Greece. They have a powerful public union that sucks the life blood out of taxpayers. They are governed by corrupt politicians who don’t know how to stop taxing and spending; and the state is infested with a bunch of communist who rule the roost. Is it any wonder that they have insurmountable budget deficits?

I believe we should treat California just like the European Union is treating Greece. If they require any bailouts; their representatives in congress should be frog marched out of the Capitol and sent home. You will not have any voting rights until you get your act together. And when the general election comes time to vote a president into office they would be excluded from the process.

Actually this should apply to any state that receives bailouts.

source:http://www.mercurynews.com/california-budget/ci_14232126
http://www.marketwatch.com/story/thousands-of-greeks-go-on-strike-2010-02-24



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