Saturday, July 18, 2009

California's Budgetary Morass: What A Spin!

It was reported in the mainstream media that a solution to the California budgetary crisis is expected by Sunday. Apparently, there has been some concern in the Golden State due to the fact that it has been reported that some of the banks are refusing the IOUs which have been issued in order to fund governmental contractors which have not been paid due to this crisis.

And it is clear this is no more than a P.T. Barnum spectacle in order to gain more and more leverage with the California residents in the mess that has occurred due to that states progressive liberalism over the years.

Since California most of all, due to the continuing war in the Middle East, should be in the black and not the red at all if they were utilizing those public sums primarily for the state government's true Constitutional functions, rather than also funding special interests primarily with grant monies and no-bid contracts as occurs throughout the nation now in the corruption in state and municipal governments.

After all, Silicon Valley is the largest producer of all the now high tech security devices that are being installed throughout the nation, and one of the largest holder of federal contracts for technology needs in this continuing war, and are huge mega holders of U.S. government contracts.

And I wonder if this is actually the case, why the Hollywood elite have not thought of having their own benefit for the State of California instead of the next AIDS or PETA benefit.

Most of them due to their wealth and global holdings could float the state for a number of years if they were taxed at the rate the middle class actually is, or even the lower income workers - rather than having access to their offshore accounts, and tax attorneys who work the "privileges and immunities" on capital gains so well for all of them for their shell corporations, and trust accounts. Rather than being taxed on the truth "worth" of their holdings or "property."

And California is primarily a liberal Democratic state or "blue" state, yet many of whose individuals are the direct beneficiaries of the claimed Republican favoritism for the wealthy on those capital gains benies. Go figure.

In fact, while many of the people throughout the country are now facing homelessness and joblessness in increasing numbers, I read an article this week that David Arquette is planning on holding a sit in for the global Food for the Hungry in New York shortly in order to raise a few million in order to feed those living in third world countries.

I wonder if he has visited his local Los Angeles soup kitchen lately, since the class of individuals now is including the former middle class in increasing numbers.

Or why he didn't simply write a check from his own excess wealth instead of using it for a PR stunt and in order to "socialize" the donations for a cause in which he individually supports and believes? He could donate his own wealth and it would take care of quite a number, I would suspect. Or maybe the sums he pays to his tax accountant.

It was also interesting to note that California is not a right to work state, so many of the California public employees are outraged since they now feel they are being victimized by this also "budget crisis." Since they are state employees and public servants, I wonder where in the California or U.S. Constitution it gives public employees the right to "unionize" in order to gain more taxpayer sums for themselves? The Service Employees International Union (SEIU) is also playing politics with the issue (and just what other citizens in other countries does this U.S. "corporate" union claim it represents?)

Municipalities are nothing more than "state actors" for the states themselves, so this is truly confusing that state employees would be allowed to unionize to get more of the taxpayer bite to begin with.

Although the CPI and statistical data published by the U.S. Department of Labor is a joke in and of itself (artificially concocted due to the fact that most union contracts and salary increases are tied in directly to the CPI, so there is some also "creative accounting" on those figures that bear no actual relevance to the true increases in costs for many products and services), teacher's salaries have gone up at three and four times the rates of inflation, as have several other of the public service occupations.

And with California also primarily one in which there is an additional layer of government in most newer suburban areas in the form of homeowners associations collecting taxes for former municipal services such as street repairs, street lighting and such, just wonder where all that revenue that the state has collected truly has gone? Since they are collecting more revenue, but providing less each and every year and transferring those costs back onto the public in those "socialized" land ownership communities.

If they are under "balanced budgets" initiatives, just how are they also then entering into multi-year contracts then with developers and other government contractors to begin with? How is that "legally" possible?

Sounds more like the classic case of fiscal mismanagement and misappropriation of funds is the true root of California's claimed budgetary woes. And maybe a few too many of those Sacramento pow-wows and state benefits given to the likes of the Donald Trumps & Co. at the state resident's expense for the global tourism industry and U.S. Chambers agendas in turning the U.S. into nothing more than a tourist attraction and investment opportunity for foreigners.

All at the cost of their fellow countrymen and their jobs and earned and owned "property" for their global monopolies and executives and fellow "corporate" brothers and subsidiaries benefit packages in the process at the price of the small businessesmen and any and all emerging American entrepreneurs due to their strangleholds now on the market due to favoritism and their "greased palms" political connections.

The delusion goes on. And nowhere more than the home of the "OC," "Desperate Housewives," and "Californication."

That state is a world unto itself, whose delusion and fantasy extend far beyond Disneyland.




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