More discussion on why CA is broke
Posted on | November 23, 2010 | 3 Comments
John |
Submitted on 2010/11/23 at 2:16am
Yes, why don’t all those medical, social and educational professionals work for minimum wage with no benefits or pension, the way you do? Why can’t we go back to the 19th century, where you could work employees 16 hours a day, 7 days a week with no benefits at all! And come to think of it, why can’t we have children working in factories again? Think of the money we’d save on those damn public schools. Response from Orly: |
You are wrong. Nobody is saying that we have to go to the working conditions of the 19th Century, but we have public employees getting salaries and pensions, that are much higher, than the private sector. Average salary in the private sector is $50,000. In CA we are seeing much higher salaries and pensions in the public sector. City of Bell is one such example, where in a tiny city, the city manager was getting $800,000 salary and pension. CA has 70 trillion in unfunded obligations and some 25 billion in debts. Interest on this debt is crushing the state economy, just as interest on foreign debt is crushing U.S. economy.
We have to go back to sanity of tariffs on foreign imports, which would account for the differential in the cost of living in U.S. and the Third World countries, like China, India, Philippines, which are using de-facto slave labor and we need a balanced budget amendment for the Federal government and each state government. Tariffs will be an incentive to bring American jobs back to Americans, as manufacturing in China and bringing cheap junk from China will be more expensive, than manufacturing here. It will force the industrialists and bankers to divest in the third world and invest in US, as it was 16 years ago before Clinton signed Gatt/WTO ACCORDS and together with Gingrich pushed for the free trade with China, and Bush and Obama simply continued this anti American treasonous economic policy. We have to repeal GATT/WTO together with Obamacare before it is too late, and while we still have some buying power and some leverage. If we allow this to go on, it will lead to complete annihilation of the middle class and private property in U.S. and it will end in a situation, where people will use pitch forks and guns to get back their rights and their property.
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3 Responses to “More discussion on why CA is broke”
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November 23rd, 2010 @ 7:30 am
“Those who make peaceful revolution impossible, will make violent revolution inevitable.” John Fitzgerald Kennedy…Any questions? hb
November 23rd, 2010 @ 10:34 am
Regarding a “Balanced Budget Amendment” and many other Amendments for that matter, the requisite number of States, 34 to be exact, for an Article V Constitutional Convention actually has already been met but Congress ever since its inception in 1791 has NEVER allowed this valid Article V means of circumventing it to pass Amendments to rein in an out of control apostate federal government such as we have today. Check it out if you believe I’m pulling your leg. There has NEVER been any subsequent Article V Conventions since the original Constitutional Convention that established the Constitution itself. THAT’S A TESTAMENT TO THE ARROGANCE OF THE FEDERAL GOVERNMENT! Congress is so irresponsible and non-compliant in this Constitutional matter that they do not even keep a running tally anywhere on how many States have even petitioned for an Article V Convention!!! In other words, they’re not even bothering to count to see if the requisite 34 States have made petitions at which time it is MANDATORY according to the Constitution that they step aside and allow for a Constitutional Convention! The Founding fathers gave us a means to rein in the criminal cabal in DC, but few, if any, of us even know about this Article V power of the States that needs to be used NOW MORE THAN EVER to save our republic!!!
https://foavc.org/
Here’s a Congressional “memoriam” record proving that way back in 1929 the requisite number, 34 States, was achieved for a Constitutional Convention, and Congress reprehensibly did NOTHING!!!
https://foa5c.org/file.php/1/Amendments/071_cg_r_03369_1929_HL.JPG
https://www.vx50.com/latest-news/whose-afraid-of-another-constitutional-convention/comment-page-1/#comment-15514
November 23rd, 2010 @ 3:52 pm
Once upon a Time, before Ronald Reagan. Federal, State & Local government Employees did not make much of a wage as conpared to the private sector, of course the Politico’s stole as much as they could…Ole’ Ronnie certainly screwed that one up…Hey! I am a Conservative, used to be a Republican and now an Independent…Give credit where credit is due.