View Single Post
Tobra Tobra is offline
Control Group
 
Tobra's Avatar
 
Join Date: Aug 2005
Location: Carmichael, CA
Posts: 53,773
Garage
1.Extremely concerned.

2.It impacts me directly in many ways. Some of my income is from state employees, some is from people with state funded insurance. They are raising payroll taxes, registration fees, pretty much everything they can. They keep making the cost of doing business higher and higher, and everybody seems surprised with the results.

3.The state will be declaring bankruptcy soon. They have been borrowing from Peter to pay Paul for years, doing accounting gymnastics to keep the illusion that the state is not insolvent alive.

4.Nothing. The "management" that has been running this state is taking over the federal government. There is an aphorism that says as California goes, so goes the rest of the country. Strap in, we are all in for a bumpy ride.
__________________
She was the kindest person I ever met
Old 01-16-2009, 11:51 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #6 (permalink)