Mike Shedlock describes how Californians have voted for their own demise.
Prepare for Demise of California; Liberals Will Get All the Government (and Tax Hikes) They Want
- Voters approved Proposition 30 “temporarily” increasing the state sales tax and income tax on individuals making over $250,000.
- They voted against Proposition 31 that would allow the governor to cut the budget in fiscal emergencies.
- They voted against Proposition 32 would prevent unions from making campaign donations via members’ dues.
Moreover, and worse yet, Democrats picked up two more votes in the state legislature giving them a supermajority, capable of passing any tax hikes they want.
Those results are so awful I suggest you prepare for the demise of California.
Indeed California’s Liberal Supermajority is about to run the state into the ground and taxpayers are going to get all the government they ever wanted.
The main check on Sacramento excess has been a constitutional amendment requiring a two-thirds majority of both houses to raise taxes. Although Republicans have been in the minority for four decades, they could impose a modicum of spending restraint by blocking tax increases. If Democratic leads stick in two races where ballots are still being counted, liberals will pick up enough seats to secure a supermajority. Governor Jerry Brown then will be the only chaperone for the Liberals Gone Wild video that is Sacramento.
The high Democratic turnout in moderate and right-leaning districts helped the party pick up three seats in the senate and four in the assembly.
So now Californians will experience the joys of one-party, union-run progressive governance. Mr. Brown is urging lawmakers to demonstrate frugality and the “prudence of Joseph.” As he said the other day, “we’ve got to make sure over the next few years that we pay our bills, we invest in the right programs, but we don’t go on any spending binges.” That’s what all Governors say. Trouble is, merely paying the state’s delinquent bills will require tens of billions in additional revenues if lawmakers don’t undertake fiscal reforms.
With no GOP restraint, liberals can now raise taxes to pay for all this. [$200 billion in unfunded liabilities, the California State Teachers' Retirement System in need of $10 billion annually for the next 30 years to amortize its debt, $73 billion in outstanding bonds for capital projects and $33 billion in voter-authorized bonds, etc.]
They’ll probably start by repealing Proposition 13′s tax cap for commercial property. Democrats in the Assembly held hearings on the idea this spring. Then they’ll try to make it easier for cities to raise taxes.
The greens want an oil severance tax. Other Democrats want to extend the sales tax to services, supposedly in return for a lower rate, but don’t expect any “reform” to be revenue neutral. Look for huge union pay raises and higher pension benefits.
The silver lining here is that Americans will be able to see the modern liberal-union state in all its raw ambition. The Sacramento political class thinks it can tax and regulate the private economy endlessly without consequence. As a political experiment it all should be instructive, and at least Californians can still escape to Nevada or Idaho.
Law of the Funnel in Action
Big government and absurdly strong unions destroyed Greece and Spain. Expect no less for California.
Many large California corporations that can flee, will flee. Those stuck in California will see massive tax hikes (with many more to come) just so public unions and administrators can collect absurdly high salaries and benefits that most citizens can only dream about.
Please see the Law of the Funnel for a description as to what just happened.
Mike “Mish” Shedlock http://globaleconomicanalysis.blogspot.com
Read more at http://globaleconomicanalysis.blogspot.com/#vpH3GhKkXLPgXLwv.99
AKAnon says:
“Governor Jerry Brown then will be the only chaperone for the Liberals Gone Wild video that is Sacramento.” Fuck me running, that Mish is a card. When Moonbeam Jerry is the voice of responsible behaviour (relatively speaking), you know the inmates are truly running the asylum and the end is near.
I fear for my family down there, but they can’t say they haven’t been warned. Most of them, god love ‘em, supported BO this time too. No offense, Colma, but I sincerely hope you have an exit strategy. Cool buds, tasty waves and righteous tacos only go so far.
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10th November 2012 at 10:04 pm
Steve Hogan says:
One would think the unmitigated disasters that are Killadelphia, Detroit, Chicago, and Washington, D.C. would be enough for people to question the strategy of having liberals running the show without any meaningful opposition.
One would be wrong. No dots are connected. Cause and effect are ignored. In the typical liberal mindset, the serial failures are always the result of mysterious outside forces, obstructive Republicans, greedy speculators, the Chinese, or some other bogeyman. It’s never their policies.
I guess we’re about to get a front row seat for what happens when an entire state (and the largest economy) decides to hand the keys off to the progressives with no restraints. The rate at which California’s most productive vote with their feet should be interesting. The tax base will dwindle and the debt will skyrocket.
Who are the liberals going to blame when they destroy the state and turn it into a ghetto?
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10th November 2012 at 10:32 pm
Hollow man says:
The people from California are coming to new mexico and texas. They want what rhey had in cali. It is a disease woth no cure.
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10th November 2012 at 10:56 pm
Ron says:
I say,let the dems/libs get whatever they want and keep track of it all.Then in the smoldering ruins people can look back at the force that destroyed the usa when the armys and governments of foreign countrys couldnt.Plus this would help bring about the end.(spending and libs and Washington.)
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10th November 2012 at 2:08 am
SSS says:
I for one applaud and welcome this development in CA’s government. This will showcase the liberal agenda front and center for all to see. No holds barred. From here on in, it’s pass or fail.
I heard many years ago the refrain, “If it happens first in the U.S., it happens in California.” Back then, it was meant as a compliment to the direction of the way the country was headed. Today is a different story.
California is headed for an epic fail.
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10th November 2012 at 2:09 am
Llpoh says:
Hahahahahaha! Fuck it. The fucking free shit army is going to get a taste of the future. Fuck them. Anyone with anything in Ca should run for the hills.
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10th November 2012 at 5:49 am
card802 says:
I think even though California will be the first to fall nothing will be learned. Look at the pass progressives and Obama have gotten so far.
We obviously didn’t tax enough, will be the motto.
http://www.youtube.com/watch?feature=player_embedded&v=OTSQozWP-rM
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10th November 2012 at 8:25 am
KaD says:
Like someone once suggested; maybe we should sell California to Mexico. That could solve a big chunk of the illegal immigration problem AND the deficit problem.
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10th November 2012 at 11:08 am
sangell says:
As an economic proposition Californians taxing the hell out of themselves to fund the bloated pensions of their public employees is a disaster because those very high taxes make it too expensive for retirees to live in California even for those getting those very generous public employee pensions. 9% plus sales taxes, high state income taxes, gas that is 50 cents a gallon more than in other states, higher electricity rates. Its a very expensive state to live in even with a $75,000/ year pension.
So what is going to happen? Those retired public employees are going to take those generous pensions Californians are taxing themselves to death to provide and move to another state with a lower cost of living. I faced that very decision having lived most of my life in California. I just couldnt’ afford to retire there unless I wanted to live in some rancid Central Valley agri-town.
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10th November 2012 at 11:11 am
John A says:
It is of great value to me to hear the comments of people from other states to understand what’s going on firsthand. I do not trust anything written by the Associated Press. AP “journalists” are in Soetoro’s back pocket. He owns them and everything is reviewed/edited before “the facts” are released to the masses. This is my belief.
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10th November 2012 at 11:52 am
SSS says:
Llpoh
I have a friend who lives in the agriculturally rich Santa Cruz valley south of San Jose. He’s worked hard all his life and now owns a 600 acre cattle ranch and horse farm, which includes world class facilities to stable the horses and put on horse shows. He’s invested millions and millions of dollars of his hard-earned money in this property. He has also leased land owned by Stanford University which was used as a garbage dump and invested millions to convert it into property now used to stable horses and riding trails. Seems horse ownership is a status symbol among the uber liberal millionaires populating the Silicon Valley.
He’s livid about his unfair and backbreaking property and income tax burden, but he’s powerless to do anything about it except hire a wagon train load of lawyers to fight the taxes in court. These are the type of people that the CA government targets …… people who own stuff that can’t be moved. The government has them by the balls, and it just keeps squeezing harder and harder.
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10th November 2012 at 12:16 pm
Colma Rising says:
For some reason I ain’t trippin’
For some reason, I think I’ve heard it all before.
SSS: I’m sure your buddy will be just fine. A little further north, the rich folks got the FAA to re-route airport traffic over my abode because the noise scared their horses.
We can’t have scared horses.
Go Niners
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10th November 2012 at 12:56 pm
Kill Bill says:
Red State Texas
A place I call home.
Texas faces a budget deficit estimated as high as $27 billion for the upcoming two-year cycle of 2012-2013
Donkeys bankrupt Ca.
Elephants bankrupt TX
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10th November 2012 at 2:23 pm
Llpoh says:
SSS – sorry for your buddy. What a clusterfuck. Might be best for him to cash in what he can and bolt. It is not going to get better.
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10th November 2012 at 2:31 pm
SSS says:
Colma and Llpoh
Yes, my friend is very wealthy, but you’d never know it by looking at his main place of abode, a really modest and somewhat rundown 3 bedroom abode near the horse stables he built, or the faded and chipped 1993 Honda Accord he drove until recently. He also has an ocean front home in Santa Cruz, an absolutely stunning home on a golf course overlooking the ocean in Maui, and a first class antique car collection. He will not die destitute.
He doesn’t move because he’s a native Californian and has lived there all his life. He loves the land he now owns and takes good care of it. Raises oats for the horses, and alfalfa and hay for the cattle. All in all, he’s just a (very smart) good ole boy rancher at heart.
If you worked hard your entire life and finally achieved what you’ve dreamed of, would you throw it all away and move? Well, in his case, he’s 68 and ain’t budging. Plus, he’s really stubborn and doesn’t roll over to government drones. It took him 13 years (!!!) fighting the California Coastal Commission in trying to build a new and beautiful back patio on his home in Santa Cruz. Damned if he didn’t win that battle, though.
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10th November 2012 at 3:13 pm
Administrator says:
KB
Maybe Perry can have a prayer service to try and balance the budget.
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10th November 2012 at 3:17 pm
llpoh says:
SSS – good luck to him, truly. I really hope tat they do not vote to seize all he has worked for. It is not out of the realm of possibility – they can do whatever they want given they now have a super-majority. Their mindset is to seize everything they can from the “rich”. He has a giant bulls-eye on his chest. Maui sounds nice.
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10th November 2012 at 3:58 pm
Drowning in Parasitism says:
There was an article recently in which Dianne Feinstein who has possibly outdone ALL others in pandering to illegals just flat-out refused to debate her Republican opponent before the election. The rank arrogance and audacity had to be assigned its own descriptive by the Chosenites: “chutzpah.”
It was also noted that Feinstein had many millions of dollars whilst her opponent had only raised under a lowly million. The sky is the limit when it comes to maintaining Jewish power as their vast over-representation in every important aspect of our country relative to their numbers shows.
The GOP is DEAD in the reconquisted states and ultimately nationwide. Pat Buchanan had been sounding the sirens for decades as to what would happen without GENUINE immigration reform (moratorium) and the changing demographics. The disinfo media always advocated out-pandering the Democrats on Hispanics and STILL are even as it spells the death knell for Republicans. The corporate fascists and organized Jewry wanted mass immigration and the GOP acquiesced. They deserve to go the way of the dinosaurs.
Face of US changing; elections to look different:
http://news.yahoo.com/face-us-changing-elections-look-different-143838055.html
“Even Californians jaded by the antics of their state’s obnoxious political class were stunned by the outrageous sense of entitlement displayed by long term California senator Dianne Feinstein when a local television reporter dared ask her why she refuses to debate her Republican opponent Elizabeth Emken.
Feinstein simply got up, patted the reporter on the arm, and walked away, leaving behind her empty chair. Apparently, she just can’t be bothered to explain to her constituents why she deserves yet another term on the backbenches of the Senate – a tenure that has seen the Golden State turn from a symbol of optimism to Greece-on-the-Pacific.
Elizabeth Emken, a Republican, beat the odds and 22 other candidates in the open primary last June for the right to undertake and even tougher challenge – defeating DiFi in November.
Unlike Feinstein, who has cashed government paychecks since her start as a San Francisco Board of Supervisors member in the 1970s, Emken worked in the real world. She began at IBM as an efficiency expert, leveraging her Economics and Political Science degree from UCLA to figure out how to make organizations work better and cheaper.
That’s experience Feinstein lacks – the only people she makes government work for are rich, connected liberal donors like her husband. On her watch, California has swirled down the sewer, yet she feels it’s an intolerable imposition to bother responding to the people.
There’s a word for that. It’s “arrogance…”
http://www.breitbart.com/Big-Government/2012/09/11/feinstein-vs-emken
Dianne Feinstein has shoveled Billions (you heard that correctly: BILLIONS) of taxpayer dollars to her bankster hubby. Please see my expose at the following Aug 20, 8:00 PM post: http://www.businessinsider.com/the-top-10-wealthiest-members-of-congress-and-how-they-made-their-fortunes-2011-8?op=1)
You’ll understand why she was afraid of debate, and why she is hell-bent on taking away your right to bear arms. She is a thief of the highest order and a Bolshevik within:
http://marketdailynews.com/2012/11/07/senator-dianne-feinstein-moves-to-ban-all-assault-rifles-high-capacity-magazines-and-pistol-grips/
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10th November 2012 at 4:12 pm
Vandalbill says:
“at least Californians can still escape to Nevada or Idaho”
As a native Idahoan that has already lived though 1 mass exodus of Califonians in the 70′s I am not looking forward to another wave. I amazes me that people will leave a place like Cali and then bitch that their new environs lack what they had back home. I hope the find Nevada & Utah more appealing.
Of course with the re-election of Barry to one degree or another we’re all Californians now…
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10th November 2012 at 9:27 pm
Hollow man says:
Lol, nothing will be left fot uncle obama! So, begs the question, who gets it in the end!
We do right in the ol rumpess where we carry the wallet, you just cannot make this shit up.
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10th November 2012 at 9:58 pm
j sanchez says:
VP Biden is a a dem, but told an audience, “they will put you all back in chains”. Lincon was a republican who went against the the democratic whom was pro slavery, see its chicago 1864 dem platform. Yes, the history of the dem are pro slavery. Repub. were the anti-slavery party. The US/MEX war we saw Democratic President Polk invade Mexico and annex half of Mexico, The Dems whom controlled the House wanted ALL of Mexico. Hispanics, please read your history books and see that the dems are truly a party of no values.
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10th November 2012 at 11:50 am