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PostPosted: Wed Feb 18, 2009 10:17 am 
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From the Independent newspaper,...


" Politicians had already spent the entire weekend in Sacramento trying to break the gridlock, with sometimes surreal results: at one point on Saturday, they were forced to surrender car keys to security guards, to ensure that no one took advantage of a short toilet break to run away. The tortured nature of proceedings, in the face of looming crisis, leaves California, one of the world’s wealthiest regions, on the brink of becoming the first state in US history to be declared insolvent."

http://www.independent.co.uk/news/world ... 24892.html


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PostPosted: Wed Feb 18, 2009 10:40 am 
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Only in California. Thank god....


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PostPosted: Wed Feb 18, 2009 11:23 am 
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Iowanic wrote:
Only in California. Thank god....


Better check again. Kansas has started holding back tax refunds and medicare payments also. There are a number of other states that are having budget problems because of the economy. This is bigger than just California.

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PostPosted: Wed Feb 18, 2009 11:39 am 
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As long as California goes belly-up first, the better for the rest of us.

'course, we'll have to deal with all the refugees but hey...you can't make a omulet without breaking some eggs...


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PostPosted: Wed Feb 18, 2009 11:22 pm 
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jhawk wrote:
From the Independent newspaper,...


" Politicians had already spent the entire weekend in Sacramento trying to break the gridlock, with sometimes surreal results: at one point on Saturday, they were forced to surrender car keys to security guards, to ensure that no one took advantage of a short toilet break to run away. The tortured nature of proceedings, in the face of looming crisis, leaves California, one of the world’s wealthiest regions, on the brink of becoming the first state in US history to be declared insolvent."

http://www.independent.co.uk/news/world ... 24892.html


Seems the only winners here are the 55,000 inmates released from state prisons to ease overcrowding.

This has got to be bigger than California and I wonder if we are about to experience the dominoes come tumbling down?


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PostPosted: Thu Feb 19, 2009 12:09 am 
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No, sorry....no coin.

Anyone else? XX needs change.


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PostPosted: Thu Feb 19, 2009 12:59 am 
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If I just giggle, will I get more mileage?


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PostPosted: Thu Feb 19, 2009 1:24 am 
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I think we'll all be feeling this before the smoke clears and the dust settles. Unfortunately, we live in a society where people are used to having things given or provided for them; usually at the expense of government. As government is forced to cut back, the goods and services we have all grown to expect may not be there. We are going to have to learn to stand on our own two feet again, and for some that will be painful.

To our credit, we must remember that our parents did without many of the things we have now, as did their parents. And, we can, too. All it will take is some determination and the willingness to adapt to our own particular needs. The days of "gimme" are going to come to an end. And, as far as I'm concerned, none too soon.

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PostPosted: Thu Feb 19, 2009 1:38 am 
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I started about 10 years ago saying that money may become worthless and governments cannot be trusted to survive such financial hickups. Get ready for a time when you cannot buy anything no matter how rich you are.


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PostPosted: Thu Feb 19, 2009 5:45 am 
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I don't think we've gotten that bad yet, Ann, nor do I think we will. What I fear most are those who listen and follow the heed of doomsayers who profess themselves as prophets and do little more than create and feed an unnecessary panic among those who should know better.

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PostPosted: Thu Feb 19, 2009 7:43 am 
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roadside wrote:
I don't think we've gotten that bad yet, Ann, nor do I think we will. What I fear most are those who listen and follow the heed of doomsayers who profess themselves as prophets and do little more than create and feed an unnecessary panic among those who should know better.



Some of the doomsayers know what they're talking about....

http://www.youtube.com/watch?v=2I0QN-FYkpw

Just listen to the buffoons laughing and ridiculing this guy. Think they're laughing now?

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PostPosted: Thu Feb 19, 2009 9:27 am 
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Quote:
As long as California goes belly-up first, the better for the rest of us.



I've read California has the 8th largest economy in the world. If they truely fail, hang on to your hat because it's going to get a whole lot worse for everyone else. But then that is now a sure thing. California has had one of the most liberal spending policies around, and now our Congress and President are trying to do the same thing for the whole country. I'm not sure if we can survive the next four years. The change we are about to get is not the one most people were thinking about.

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PostPosted: Thu Feb 19, 2009 12:28 pm 
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roadside wrote:
I don't think we've gotten that bad yet, Ann, nor do I think we will. What I fear most are those who listen and follow the heed of doomsayers who profess themselves as prophets and do little more than create and feed an unnecessary panic among those who should know better.


Not yet but all indicators show thats where we've been heading. It may or may not come to pass. If you want to stop panic then you sure don't try and sell a massive pork bill by scaring people. Obama is trying to use fear the same way Bush did.

Our new president is as dirty as the last one.

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PostPosted: Thu Feb 19, 2009 1:33 pm 
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I agree things aren't good, and that the indications are that things will get worse. But, just as with global warming and all the other things that are wrong with our world today, it took time to get to this point. Placing blame on a single person, or administration, isn't always correct. In some instances, we have to look back even further to find the real culprit. Some of the policies enacted by previous administrations are just now having an effect. Measures taken now may be able to stall the downfall, but I doubt they will be much more than a temporary fix.

We've all allowed just too much to take place for which we should have retained control over. Government seems pretty much out of our control, and I'm not sure how to counter than amount of control. However, that said, I think it most important that people "ride herd" on their elected officials. We have but one tool to overcome those who seem destined more to advance themselves than what may be best for the country as a whole. That tool is our vote. We have to be able to sort out truth from political rhetoric. I've learned not to listen too close to what politicians say during a campaign because I find it mostly to court votes. Once in office, it's surprising just how many politicians ever remember all those promises they made to voters out on the election trail. And even those who try their best to represent the people learn quickly that simply isn't the way it's done.

How do we change this? Simply don't vote for anyone already in office. Fresh blood in politics is the only way to overcome the longstanding traditions and effects of those adversely affecting our lands.

Postscript: For what this is worth, I'm not at all pleased with this new stimulus bill. I believe it was loaded with self-centered pork designed for no other reason that to bring what I think otherwise useless spending into specific areas with an outcome that has very little to do with the creation of jobs and strengthening the economy.

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PostPosted: Thu Feb 19, 2009 2:21 pm 
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roadside wrote:
I agree things aren't good, and that the indications are that things will get worse. But, just as with global warming and all the other things that are wrong with our world today, it took time to get to this point. Placing blame on a single person, or administration, isn't always correct.


I agree its not correct to do so for this economic meltdown.

Quote:
We've all allowed just too much to take place for which we should have retained control over. Government seems pretty much out of our control, and I'm not sure how to counter than amount of control. However, that said, I think it most important that people "ride herd" on their elected officials.


Yes we have allowed this to happen and we can't blame it all on government. People need to realize politicians (including Obama) look out for THEIR interests first. The same is true of bankers and financiers. Instead people get caught up in the democrats vs republicans nonsense.

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We have but one tool to overcome those who seem destined more to advance themselves than what may be best for the country as a whole. That tool is our vote. We have to be able to sort out truth from political rhetoric.


By and large people aren't interested. They want to hear what makes them comfortable then they rely on the MSM to analyze the information for them rather than think for themselves. The one candidate that was speaking the truth with regards to our meltdown was ridiculed and ostracized by the MSM for being a nut.

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How do we change this? Simply don't vote for anyone already in office. Fresh blood in politics is the only way to overcome the longstanding traditions and effects of those adversely affecting our lands.


IMO we need to break free from the current oligarchy and start fresh.

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