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Quote of the day: A Big Bang led to star being born.

WELCOME new member AMaizawing (April 03, 2020)


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California has a 300 billion dollar surplus for 2022
#1
In 2015 California was 1.3 trillion in debt. They owed everyone. See link below:

https://californiapolicycenter.org/calif...-trillion/

Today-California has a over 300 billion dollar surplus. See link below:

https://nypost.com/2021/05/10/california...b-surplus/

https://www.capradio.org/articles/2022/0...-may-2022/


Biden administration sending major money to these broken States that were basically heading for bankruptcy due to Democrats not being able to budget money. I hope everyone is happy bailing out these States. BTW-Illinois and NY got some pretty heavy chunks of money(billions) from the Joe Biden covid relief.
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#2
That surplus will soon evaporate now that illegals can legally be given EBT cards and other welfare freebies. For all those applauding Roe v Wade ending get used to 'state rights'. This is a state's right to spend money as it sees fit.

A can of worms was opened up - the right decision, wrong time - and it will start showing. NY just stated it will fly any woman to NY and pay for the abortion. Again, the state's right to spend money as it sees fit. Something tells me the supremacy clause will be used on a 'pick n choose' basis in the future.
DC is a symptom, not the cause. The cause is basic voter stupidity and economic ignorance.
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#3
(06-30-2022, 11:13 PM)lrrps21 Wrote: That surplus will soon evaporate now that illegals can legally be given EBT cards and other welfare freebies. For all those applauding Roe v Wade ending get used to 'state rights'. This is a state's right to spend money as it sees fit.

A can of worms was opened up - the right decision, wrong time - and it will start showing. NY just stated it will fly any woman to NY and pay for the abortion. Again, the state's right to spend money as it sees fit. Something tells me the supremacy clause will be used on a 'pick n choose' basis in the future.
Tired of bailing out these States. Trump was going to let them burn. The money they pay to retired Government employees is fing crazy.
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#4
My mortgage payment just went up by 40 bucks after refinancing from a 4% to a 2.75% loan. It is all taxes and big government and the lack of people voted into office that do not have a clue about finance/taxes/regulations etc.
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#5
(07-01-2022, 12:42 AM)Bonebuck Wrote:
(06-30-2022, 11:13 PM)lrrps21 Wrote: That surplus will soon evaporate now that illegals can legally be given EBT cards and other welfare freebies. For all those applauding Roe v Wade ending get used to 'state rights'. This is a state's right to spend money as it sees fit.

A can of worms was opened up - the right decision, wrong time - and it will start showing. NY just stated it will fly any woman to NY and pay for the abortion. Again, the state's right to spend money as it sees fit. Something tells me the supremacy clause will be used on a 'pick n choose' basis in the future.
Tired of bailing out these States. Trump was going to let them burn. The money they pay to retired Government employees is fing crazy.

It's not just California. NJ unfunded liabilities is now $248bn.
DC is a symptom, not the cause. The cause is basic voter stupidity and economic ignorance.
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#6
Nothing in the links about federal money (27b) even remotely touches the amount that would have been needed to "bail" CA out of 1.4 trillion in debt.  Now they have tax revenue which got them out of debt.
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#7
(06-30-2022, 11:03 PM)Bonebuck Wrote: In 2015 California was 1.3 trillion in debt. They owed everyone. See link below:

https://californiapolicycenter.org/calif...-trillion/

Today-California has a over 300 billion dollar surplus. See link below:

https://nypost.com/2021/05/10/california...b-surplus/

https://www.capradio.org/articles/2022/0...-may-2022/


Biden administration sending major money to these broken States that were basically heading for bankruptcy due to Democrats not being able to budget money. I hope everyone is happy bailing out these States. BTW-Illinois and NY got some pretty heavy chunks of money(billions) from the Joe Biden covid relief.
Must keep Cali and NY happy.  
Without Cali and NY they are lost
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#8
(07-01-2022, 05:27 AM)P1tchblack Wrote: Nothing in the links about federal money (27b) even remotely touches the amount that would have been needed to "bail" CA out of 1.4 trillion in debt. Covid presumably killed the CA economy, and tax revenue, which caused the debt. Now they have tax revenue which got them out of debt.
And there is no way remotely possible Caly earned the much money in such a short time. Given the Wine industry suffered from a terrible crop of grapes, The mass exodus of working tax payers leaving the State, A exodus of many many businesses relocating out of California, A total lockdown of the State for almost 2 years, . Immigrants pouring in by the thousands that are draining Millions out of their tax base. 
No way all of a sudden Calf. is thriving with a abundance of tax revenue when the rest of the country is in the middle of a recession.

Yeah nothing about that makes sense. 

They were plus a Trillion in Debt. during the thriving Economy in 2015 but now have a 3b Surplus?
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#9
(07-01-2022, 05:27 AM)P1tchblack Wrote: Nothing in the links about federal money (27b) even remotely touches the amount that would have been needed to "bail" CA out of 1.4 trillion in debt.  Now they have tax revenue which got them out of debt.
Here is a start of Federal funding for Cali:

270 billion just for schools during pandemic:

https://www.ppic.org/publication/financi...c-schools/

Here is another 150 billion:

https://www.cde.ca.gov/fg/cr/relieffunds.asp

I can go on but the Federal Government bailed out not just California but also NY and Illinois all due to Covid!!!!
Biggest PONZI scheme ever in the USA!!!!!!
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#10
They also have the highest poverty rate in the nation.
Anti-individualistic, the Fascist conception of life stresses the importance of the State and accepts the individual only in so far as his interests coincide with those of the State...



- Benito Mussolini
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#11
(07-01-2022, 08:19 PM)Bonebuck Wrote:
(07-01-2022, 05:27 AM)P1tchblack Wrote: Nothing in the links about federal money (27b) even remotely touches the amount that would have been needed to "bail" CA out of 1.4 trillion in debt.  Now they have tax revenue which got them out of debt.
Here is a start of Federal funding for Cali:

270 billion just for schools during pandemic:

https://www.ppic.org/publication/financi...c-schools/

Here is another 150 billion:

https://www.cde.ca.gov/fg/cr/relieffunds.asp

I can go on but the Federal Government bailed out not just California but also NY and Illinois all due to Covid!!!!
Biggest PONZI scheme ever in the USA!!!!!!
You're absolutely right and I remember it from the covid relief bills.

Red states got nothing.

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