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Title: Shortfall in California’s Budget Swells to $16 Billion (Moonbeam says Obama blocking budget cuts)
Source:
Infowars/NY Times
URL Source: http://www.infowars.com/shortfall-i ... s-budget-swells-to-16-billion/
Published: May 13, 2012
Author: ADAM NAGOURNEY
Post Date: 2012-05-13 19:44:25 by Hondo68
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Keywords: new spending cuts, reductions to schools health c, illegal aliens & slut supplies
Views: 95039
Comments: 211
LOS ANGELES — The state budget shortfall in California has increased dramatically in the last six months, forcing state officials to assemble a series of new spending cuts that are likely to mean further reductions to schools, health care and other social programs already battered by nearly five years of budget retrenchment, state officials announced on Saturday. Gov. Jerry Brown, disclosing the development in a video posted on YouTube, said that California’s shortfall was now projected to be $16 billion, up from $9.2 billion in January. Mr. Brown said that he would propose a revised budget on Monday to deal with it. “We are now facing a $16 billion hole, not the $9 billion we thought in January,” Mr. Brown said. “This means we will have to go much further and make cuts far greater than I asked for at the beginning of the year.” Mr. Brown disclosed the news in a video that had all the trappings of a campaign announcement. In it, he aggressively accounted for the steps he said he had taken to try to scale back a $26 billion deficit he found upon taking office. And he urged viewers to back an initiative he is putting on the November ballot that would increase sales taxes by 0.25 percent and impose an income tax surcharge on wealthy Californians to try to stave off more cuts.
Poster Comment: Barack 0'bush forced Arnold Moonbeam to spend like crazy, and regulate until business left the state. Such a sad story from the D&R party. parasites
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#8. To: sneakypete (#5)
Our standard of living will approach that of the current 3rd World. This is inevitable now, its just a question of how long it will take to slide down and how the society will adjust to the new reality.
To look at this whole post from a Fourth Turning perspective, how does this Turning differ from the American Revolution, the Civil War, and the Great Depression? In each of those prior Turnings our Society was accessing Greater Wealth and Power. After the American Revolution, we were accessing the vast Wealth of the North American Continent and all its Resources. After the Civil War, we were accessing the thermodynamic energy of Coal and beginning the Industrial Revolution. After the Great Depression and WWII, we were accessing the thermodynamic energy of Oil and growing into the Information Age. What is there left for us now to grow into after THIS Fourth Turning. I put to you that we have nothing left to grow into now, and so we must as a species go into a period of shrinkage that we have not experienced since the Dark Ages and the Black Plaguei (sic). Like the original Dark Ages, I think this period will last near a Millenia, and who we are and how we come out of this at the end is anybody’s guess. We may never come out of it and go the way of the Dinosaur, that remains a possibility, but one I hope does not come to pass."
For those of us who lived through the Age of Oil in the Industrialized Nations, even if you were relatively Poor you got quite a ride. It was however a One Time ride that only a select portion of Humanity got to really enjoy, and it is now passing into History.
Noting that California has ZERO military and yet is poorer than Israel: "Long tails are a mathematical clue that a different kind of behavior may be at play, one that physicists have long been fascinated by. When data follow what is called a power law distribution, the outlandish data points that generate the tail aren’t aberrant freaks; they fit right in." May 13, 2012 Israeli Defense Minister Ehud Barak is headed to Washington DC on Monday, with plans for him and his US counterpart Leon Panetta to officially announce $680 million in additional US military aid to Israel. The Pentagon initially cooked up this most recent plan to increase aid to Israel, pushing for the House Armed Services Committee to authorize the funding for the "Iron Dome" missile defense program in late March. The committee quickly did so.
We have the Cal National Guard and lots of SWAT teams and Jack Booted Thug agencies with goon squads. CHP even went to New Orleans to tackle grandma and take her revolver. Oakland frequently resembles a war zone, and mayor Jean Quan bears a striking resemblance to Chairman Mao.
Obama's watch stopped on 24 May 2008, but he's been too busy smoking crack to notice.
Oakland frequently resembles a war zone, and mayor Jean Quan bears a striking resemblance to Chairman Mao. And you think that's military? The afghans/palestinian/syrian/Yemeni's battle MI Abrams Battle Tanks/drone-hellfire missiles/Cobra attack helos/Spec Ops Night Raids.....LMFAO When California gets 75% of that....let me know....;}
Economics is a social science, it's about human behavior. There are far too many variables to make accurate prediction possible, the best economists can do is make an educated guess.
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
I suppose that makes you feel better in some twisted way, but it is totally delusional.
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
I should have been an economist where being wrong lots of times is the norm. I used to do forecasting years ago, with manpower, and we were pretty dang accurate. Hi! I had some connectivity problems and was out of sight for a while. Good to see you.
Isn't that what the Mayan calender predicts?
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
Hi! I had some connectivity problems and was out of sight for a while. Good to see you. You were missed. Glad to see you back. With manpower the agency?
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
I suppose that makes you feel better in some twisted way, but it is totally delusional. I suppose that makes you feel better in some twisted way, but it is totally delusional because............................?
No, Army manpower - gains, losses, promotions and all that. I did a stint in the Pentagon years ago.
That's not Israel's fault. They would be foolish to not take the free money we give them. It's our own fault and the fault of the politicians we elect for giving it to them. Not to mention Egypt,Africa,etc,etc,etc.
"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011 Stay Hungry...Stay Foolish --Steve Jobs Steve Jobs,life-long Dim,and major Barry Soetoro supporter.
Sadly,I am in complete agreement with the above.
"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011 Stay Hungry...Stay Foolish --Steve Jobs Steve Jobs,life-long Dim,and major Barry Soetoro supporter.
That must have been an interesting job.
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
You are missing the point,which is that the SWAT and other jack-booted thugs with badges think THEY are the military. That's why these dweebs call us "civilians" This misconception needs to be corrected immediately.
"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011 Stay Hungry...Stay Foolish --Steve Jobs Steve Jobs,life-long Dim,and major Barry Soetoro supporter.
I wonder how much money Israel spends lobbying for "free money".
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
Have you tried to explain this to my brother in San Jose,who has had government housing built across the street from his house that is filled with people who barely speak English or don't speak it at all? I'm pretty sure he would be happy to talk with you about the level of violence,theft,and other crimes now happening in the neighborhood that he grew up in 50 years ago.
"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011 Stay Hungry...Stay Foolish --Steve Jobs Steve Jobs,life-long Dim,and major Barry Soetoro supporter.
PLEASE tell me you are kidding. This is out there. Even for you.
"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011 Stay Hungry...Stay Foolish --Steve Jobs Steve Jobs,life-long Dim,and major Barry Soetoro supporter.
I don't know,but given all the dual citizenship people in this country that are prominent and have influence,I suspect they spend very little. All they have to do anytime their gravy train is threatened is to play the "Anti- Semite/You Nazi!" card and things are all-well again.
"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011 Stay Hungry...Stay Foolish --Steve Jobs Steve Jobs,life-long Dim,and major Barry Soetoro supporter.
Loonyming: I suppose that makes you feel better in some twisted way, but it is totally delusional. Hardly. Sneaky is telling it like it is. Keep 'brandishing your ignorance,' loon. Whenever I need a good laugh, I just look at your latest posts.
LoonyMing: I brandish my ignorance like a crucifix at vampires. 'It's now very common to hear people say, "I'm rather offended by that", as if that gives them certain rights. It's no more than a whine. It has no meaning, it has no purpose, it has no reason to be respected as a phrase. "I'm offended by that." Well, so fucking what?' —Stephen Fry
I'm pretty sure he would be happy to talk with you about the level of violence,theft,and other crimes now happening in the neighborhood that he grew up in 50 years ago. If your brother thinks San Jose is bad As of 2009, the city had the second lowest violent crime rate of any city with 500,000 or more residents, second only to Honolulu.[57] However in 2011, homicides have surged surpassing 2010's number of homicides which was 20 and in 2011 was 39.[61] Wikipedia
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
You haven't heard about the Mayan calender predictions? I didn't make it up, I didn't even say I believed it.
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
Your response to life is far to emotional to be rational.
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
I wonder who else Sneaky thinks will pick all that produce or cheaply clean the offices of the computer moguls.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
The first thing that they need to cut is the lavish pension programs for government bureaucrats.
Well,since it is the only place he has ever lived and that house is the one he grew up in,it's all he has to use for a reference point. It sure ain't East St.Louis,though.
"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011 Stay Hungry...Stay Foolish --Steve Jobs Steve Jobs,life-long Dim,and major Barry Soetoro supporter.
Yeah,but I consider them to be HorseHillary from start to finish. The calendars were and are pretty impressive. I can't say that about the predictions,though. If they were worth a damn at predicting,they would have been waiting to ambush the Spanish on the beach when they landed.
"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011 Stay Hungry...Stay Foolish --Steve Jobs Steve Jobs,life-long Dim,and major Barry Soetoro supporter.
Most big companies created annual budgets, do quarterly forecasts, and report on monthly actuals. If the forecasts doesn't align with the budget or the actuals don't align with the forecast, companies do something about it (cut planned spending). Companies don't wait two, three, or five years to do something about a problem. The problem is that politicians don't like to cut spending, because this is how they buy votes to stay in power.
Welfare parasites once their "Free money" and housing are cut off. Not to mention the three city workers you see leaning on shovels at city work projects while one guy with a shovel does all the work.
"It is impossible to talk reason with those who can only parrot Party Slogans." sneakypete Sept 2011 Stay Hungry...Stay Foolish --Steve Jobs Steve Jobs,life-long Dim,and major Barry Soetoro supporter.
Certainly not Americans, they won't work for wages that puts them in the food stamp line.
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
Governments and companies exist for very different purposes.
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
Not to mention the three city workers you see leaning on shovels at city work projects while one guy with a shovel does all the work. Those free marketeers need to think a little further down the road then. Your second statement indicates you need to get our more, and stop watching the Cartoon Network.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
Not nearly as costly as the free marketeers that crashed the world economy and then claimed bonuses.
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
And the mixing of the two models has caused a lot of the problems we see now. Government depts were never meant to earn a profit. They were meant to supply a service.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
You have your facts wrong, as usual. Healthcare (Medicare, Medicaid, CHIP, FDA, etc) is the largest federal government expenditure. It's 25% of the federal budget this year. That doesn't even include what the States pay out in Medicaid. Government pensions (Social Security and federal worker pensions) is the second largest budget item. Defense is number 3. Various welfare programs are number 4.
Yeah,but I consider them to be HorseHillary from start to finish. The calendars were and are pretty impressive. I can't say that about the predictions,though. If they were worth a damn at predicting,they would have been waiting to ambush the Spanish on the beach when they landed. It's an astronomical calendar. It doesn't actually predict any event that isn't astrnomical, other than the end of the calendar cycle.
George, the CEO president with an MBA, gave us the Iraq war that was supposed to pay for itself. That didn't work out any better than his cutting taxes to raise revenue and balance the budget.
Anyone claiming to be an expert is selling something. I brandish my ignorance like a crucifix at vampires. Aaron Bady
PLEASE tell me you are kidding. This is out there. Even for you. Of course she is NOT kidding. Mass murder is what leftists always do. This is why they must be defeated, at all costs. Not to mention the three city workers you see leaning on shovels at city work projects while one guy with a shovel does all the work. Exactly right. The more I listen to these lazy shitheads, piss and moan about how unfair life is, the more I believe that we need to go cold turkey -- cut it all off, immediately. Eliminate welfare. Fire government employees. Means test Social Security and Medicare. Done. What will happen to these people? Will they just sit their and let themselves starve? NO, they will figure out a way to feed themselves, by getting a job or creating their own job.
Comments (49 - 211) not displayed.
Top • Page Up • Full Thread • Page Down • Bottom/LatestWhat I want to know is how are WE going to continue to keep the military industrial complex humming away making record profits when there is no money there to pay them?
#9. To: All (#8)
#10. To: All (#9)
#11. To: All (#10)
#12. To: mcgowanjm, *Extended Clip Progressives* (#11)
(Edited)
Noting that California has ZERO military
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
#13. To: hondo68 (#12)
We have the Cal National Guard and lots of SWAT teams and Jack Booted Thug agencies with goon squads. CHP even went to New Orleans to tackle grandma and take her revolver.
#14. To: buckeroo (#1)
How is it possible that the state hires "the best and brightest minds" to forecast these issues and then performs major retractions, revising so-called "shortfalls" not by a few million bucks by by BILLIONS in such a short period of time?
#15. To: sneakypete (#2)
Especially with the productive taxpaying citizens leaving the state in droves while the state continues to not only support the parasites in style,but even invite more parasites in from foreign countries?
#16. To: lucysmom (#14)
#17. To: mcgowanjm (#9)
I put to you that we have nothing left to grow into now, and so we must as a species go into a period of shrinkage that we have not experienced since the Dark Ages and the Black Plaguei (sic). Like the original Dark Ages, I think this period will last near a Millenia, and who we are and how we come out of this at the end is anybody’s guess.
#18. To: Fred Mertz (#16)
I should have been an economist where being wrong lots of times is the norm. I used to do forecasting years ago, with manpower, and we were pretty dang accurate.
#19. To: lucysmom, sneakypete (#15)
Especially with the productive taxpaying citizens leaving the state in droves while the state continues to not only support the parasites in style,but even invite more parasites in from foreign countries?
#20. To: lucysmom (#18)
With manpower the agency?
#21. To: mcgowanjm (#6)
makes no sense because you DO care about USSA gov't spending and we spend in 5 hours on Israel and War what we spend in 5 years on our Health Care.
#22. To: mcgowanjm (#8)
Our standard of living will approach that of the current 3rd World. This is inevitable now, its just a question of how long it will take to slide down and how the society will adjust to the new reality.
#23. To: Fred Mertz (#20)
No, Army manpower - gains, losses, promotions and all that. I did a stint in the Pentagon years ago.
#24. To: mcgowanjm, hondo68 (#13)
And you think that's military?
#25. To: sneakypete (#21)
That's not Israel's fault. They would be foolish to not take the free money we give them.
#26. To: lucysmom (#15)
I suppose that makes you feel better in some twisted way, but it is totally delusional.
#27. To: lucysmom (#17)
I put to you that we have nothing left to grow into now, and so we must as a species go into a period of shrinkage that we have not experienced since the Dark Ages and the Black Plaguei (sic). Like the original Dark Ages, I think this period will last near a Millenia, and who we are and how we come out of this at the end is anybody’s guess. Isn't that what the Mayan calender predicts?
#28. To: lucysmom (#25)
I wonder how much money Israel spends lobbying for "free money".
#29. To: lucysmom, sneakypete (#15)
sneakypete: Especially with the productive taxpaying citizens leaving the state in droves while the state continues to not only support the parasites in style,but even invite more parasites in from foreign countries?
The economy is wonderful!
Re-elect Obama, he'll pay your rent!
A chicken in every pot!
-Baghdad Bri-bri-
Translation: IGNORANCE IS STRENGTH
#30. To: sneakypete (#26)
Have you tried to explain this to my brother in San Jose,who has had government housing built across the street from his house that is filled with people who barely speak English or don't speak it at all?
#31. To: sneakypete (#27)
PLEASE tell me you are kidding. This is out there. Even for you.
#32. To: Capitalist Eric (#29)
Hardly. Sneaky is telling it like it is.
#33. To: lucysmom, Sneakypete (#30)
If your brother thinks San Jose is bad
#34. To: hondo68 (#0)
forcing state officials to assemble a series of new spending cuts that are likely to mean further reductions to schools, health care and other social programs
Iran’s main drive for acquiring atomic weapons is not for use against Israel but as a deterrent against U.S. intervention -- Major General Zeevi Farkash, head of the Israeli Military Intelligence Directorate
#35. To: lucysmom (#30)
If your brother thinks San Jose is bad
#36. To: lucysmom (#31)
You haven't heard about the Mayan calender predictions?
#37. To: Fred Mertz (#16)
I should have been an economist where being wrong lots of times is the norm. I used to do forecasting years ago, with manpower, and we were pretty dang accurate.
Iran’s main drive for acquiring atomic weapons is not for use against Israel but as a deterrent against U.S. intervention -- Major General Zeevi Farkash, head of the Israeli Military Intelligence Directorate
#38. To: mininggold (#33)
I wonder who else Sneaky thinks will pick all that produce or cheaply clean the offices of the computer moguls.
#39. To: mininggold (#33)
I wonder who else Sneaky thinks will pick all that produce or cheaply clean the offices of the computer moguls.
#40. To: jwpegler (#37)
Companies don't wait two, three, or five years to do something about a problem.
#41. To: sneakypete (#38)
Welfare parasites once their "Free money" and housing are cut off.
#42. To: sneakypete (#38)
Not to mention the three city workers you see leaning on shovels at city work projects while one guy with a shovel does all the work.
#43. To: lucysmom (#40)
Governments and companies exist for very different purposes.
#44. To: mcgowanjm (#6)
(Edited)
we spend in 5 hours on Israel and War what we spend in 5 years on our Health Care.
Iran’s main drive for acquiring atomic weapons is not for use against Israel but as a deterrent against U.S. intervention -- Major General Zeevi Farkash, head of the Israeli Military Intelligence Directorate
#45. To: sneakypete, lucysmom (#36)
You haven't heard about the Mayan calender predictions?
#46. To: mininggold (#43)
And the mixing of the two models has caused a lot of the problems we see now. Government depts were never meant to earn a profit. They were meant to supply a service.
#47. To: sneakypete (#27)
I put to you that we have nothing left to grow into now, and so we must as a species go into a period of shrinkage that we have not experienced since the Dark Ages and the Black Plaguei (sic). Like the original Dark Ages, I think this period will last near a Millenia, and who we are and how we come out of this at the end is anybody’s guess. Isn't that what the Mayan calender predicts?
Iran’s main drive for acquiring atomic weapons is not for use against Israel but as a deterrent against U.S. intervention -- Major General Zeevi Farkash, head of the Israeli Military Intelligence Directorate
#48. To: sneakypete (#38)
Welfare parasites once their "Free money" and housing are cut off.
Iran’s main drive for acquiring atomic weapons is not for use against Israel but as a deterrent against U.S. intervention -- Major General Zeevi Farkash, head of the Israeli Military Intelligence Directorate
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