The problem with California is that everyone comes here thinking they'll make it BIG( most want to become actors, musicians...). Everyone drives a 50k+ car( they lease), even on a $1500/ month salary because its all about image here. Thats why alot of people eventually leave because they can't maintain the lifestyle. The successful business owners don't leave LA to go to Arizona, wether they are white or non-white.... TRUST ME. There are ways to get around certain things. You can live here and have your business registered in Nevada or any other state. People do it all the time. If you're 2 dozen friends left LA to go to Arizona, its because they couldn't make it here or they made some costly mistakes.
I read a few of your other posts.. and it seems like your trying to say that non-whites are inferior, and thats not how it goes around here. I am what you would consider "white" or of European ancestry, but neither I or other people think like that. There's alot of smart and wealthy business owners here, and they're not all white. The melanin in your skin doesn't determine your IQ.
Some things make california really great, such as its diversity, the land, the weather...But depending where you live, it can also be really tough.
In terms of politics.. I'm a republican, and even I have to confess to the fact that we screwed things up a bit. Its embarrassing when i hear what republicans do on capitol hill, sometimes at the cost of its citizens, just to spite the democrats or to make them look bad. I'm not a big fan of Obama, but what republican's do sometimes is very Un-American, and it just makes us look weak. You don't screw your opponent at the cost of your own country.
I do agree with some things though... There's just too bureaucracy going on here, but California has always been like this...
One thing thats still hard for me to grasp is paying taxes on your taxes....I still don't understand that. Even my accountant laughs at that.
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Well, the goal of every politician is to get (re)elected, so they almost all pretty much start with the default stance of lying through their teeth.
But, if there is one rule that plays out time and again, it's "follow the money". Usually, the group that makes out really well from the spit hitting the fan is the group you look at first and think "hmmmmmm....."
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Also, the robo-signing, false documents, court perjury, and fraudulent foreclosures are the doings of the banks at the moment, and have nothing to do with the government, other than the government has not prosecuted them for it yet...
Hate to burst your bubble, but Texas talks alot about secession, but it really wouldn't be able to maintain itself for long.
California on its own is the 5th largest economy in the world, succession from the union would all but remove the United States as the largest economy and would have a severe impact to the finances of the US. If California does secede then they can make treaties with other countries, and therefore it wouldn't have a problem maintaining itself. In fact, since we pay more in federal taxes than we get back( the only state that does this), our economy should even improve. We also have proven gas/oil reservers, and are a net exporter of practically everything.
Just remember that about half the produce comes from here, and so does your favorite movies and TV shows, and your ipad/iphone or any other Mac/Windows computer you own....
We don't have a problem taxing the shit out of you for that if we secede ....
Yes, you have hollywood and some fruit. Otherwise, it's not much to brag about when you have the largest population. California has coastline, which is essential for free trade.
For every good/service that California has a monopoly on (which is maybe only entertainment) there's a dozen others that they'd have to get elsewhere.
That's not what would crush California, what would crush them is their brand of government. They're already spiraling miserably downward and once Governor Brown ups taxes, it will only get worse. Trust me....what do you think is going to happen to all those businesses and property owners when they find out that their taxes are going to go up for the intermediate future?
It drives businesses out of the state and keeps new businesses from entering the state. It drives the most productive and wealthy members of the state to leave and continued social welfare programs and union jobs only encourage the most draining and needy immigrants to come.
At some point, Californians, just like Americans are going to realize, that there's a giant, MASSIVE cost to liberal policy.
You can thank every liberal judge that struck down California propositions to squash tax money for illegal immigrant schooling, healthcare, food stamps, welfare, etc.
You can thank every liberal judge who instead of squashing appeals, let's death row inmates stay alive, draining MILLIONS out of the state's budgets.
You can thank every liberal judge that decides death row inmates should be able to get on organ donor lists just the same as an upstanding citizen.
The list goes on and on and on.
I don't mind people who are against the death penalty, I just wish we'd make them pay for it.
I don't mind people who want to help illegal immigrants...I just wish we'd make them pay for it.
California is a prequel to our fate as a nation if we don't stop this socialist movement.
It really is nothing more of a difference of values.
My guess is that a human life has a set $ amount and that is contingent upon what color, race, class it is or where it was born (texans get a boost I am sure).
There is nothing wrong with valuating a human life for $'s except that if you really really look, very few things in life work that way.
Imagine your parents pull you out of the womb and start having you knit some sweaters and the like and you work your way up to master sewsman! You decide to change careers, but 'knowing people' doesn't do much good, and your value to society is really nothing more than someone who can sew, but you catch a very lucky break and are hired as a plumber's assistant cleaning out sewage pipes. You do that for 20 years and work your way up to Master Sewerman, and catch another lucky break that at the age of 50 you die from toxins and pollutants that have entered your body from a brief fire in the apartment building you live in because there were no regulations stipulating the safety of such.
You seem to think the world is full of trash. I suffer from that all too often myself, but I think what you find lurking deep down in that negativity is a basis of just fear. Fear of dying, fear of not being enough, losing, etc...
I like reading your posts because they remind me how I used to believe how the world worked. It is obvious from your comments that white-educated-texan-americans sit on your hierarchy of quality people. Are you sure you weren't President just a couple years ago? I doubt that person could articulate anything in quite the same fashion, but it sure does sound like someone I used to see on TV way too much....
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ARM99, are you a comedian or do you like to engage in debate being the fringe part against reasonable people?
Let me correct some errors first:
The Eurozone is the world's largest economy. Not the US. I guess it depends on the definition of economy being a single country or a single currency.
California is the 8th largest economy in the world. Texas would be 15th. CA GDP is 1.8 Trillion which dwarfs number 2 which is Texas 1.2 Trillion
Businesses are not leaving California simply because the logistical advantage to that market outweighs any tax disadvantage 1 million fold. You have to be profitable first before paying taxes.
All of the "innovation" you can name probably came from California and even worst was created by some Liberal see Google, Apple, Microsoft
I am sure Liberals wouldnt mind paying for Death Row inmates if Republicans would shell out the cost of Iraq or Medicare Part D or the Bush Tax Cuts. (I realize those are Federal rather than state) but poor and middle class people are more likely to smoke or other vices that contribute to the state's revenue base very well. Actually middle and lower class people pay a much larger percentage of their income than rich people do to state taxes in the form of sales tax.
CDO's were around far before Fannie and Freddie became absorbed by the government. FM and FM do not engage in the creation of mortgages. It was the newly deregulated banks that screwed them more than anything. To criticize Fannie and Freddie, or blame the recession on anything other than irresponsible fed rates, tax policies that encourage personal and business debt, deregulation of the banks who did not have to maintain sufficient capital, and CDO's is simply untrue. But it does make for fun political debate Unfortunately for me, I am an analyst I have to deal with facts and my job is to uncover the truth instead of shouting louder than the other guy.
Free markets are cool for most things, but somethings they do not make better at all... Prisons, education, and healthcare are just 3 of these. There is no benefit of adding a profit motive to these that would make their quality better. Only "access" increases the value of these services (use some context for prisons people!) An example of this would be the health insurance companies struggling to use 80% of their revenue for actual healthcare as required by Healthcare Reform. Ayn Rand had to use medicare to cover the costs of her cancer treatments. How is that for a complete kick in the balls? I'd like to give that hypocritical bi*ch a nice left hook to the jaw.
Interesting that you specifically cite Wal Mart distribution as "innovative" but then say Chinese manufacturing is not. Obviously, picking which industry is elgible to be innovative is innovative in itself you could say.
India's economy is growing mainly because of the incredible laws being put in place to protect their middle class workers from business owners. If those were done here, you would crap your pants at the thought of them.
Texas could never secede simply for the fact that it would be way too poor. The only parts with any money or people are overwhelmingly Liberal (Dallas, Houston, San Antonio, Austin) and the ironic part is that the state's property taxes are one of the highest in the nation if not the highest. And the basis for these taxes completely ignore the market value of someone's house. I bought my house in McKinney for 66% of the amount that I am assesed. And I cannot sell it nor have I even received an offer after 5 months at 80% of the assessed value. I think that is f'n great! Not to mention Texas had to use stimulus money to balance the budget. The bigger problem though is that as broke as California is, Texas generates the majority of its revenue from mentioned property taxes, so given the extrememly high rate of foreclosures here, Texas and Florida are going to be the biggest welfare states for decades because of sheer stupidity of relying on the industry that is in the biggest mess. Texas individuals also have the highest amount of personal debt in the nation. So what you have is essentially a state that is teetering on the brink of complete failure. I guess Texas thinks they could survive, but without farming subsidies and defense spending by the governement well.... They are kidding themselves.
And why of all places, why do you live in Austin, RM99? That is the most liberal around you for 500 miles in any direction. I would bet you probably have not been outside in 20 years.
I know what you think and argue sounds good, but it doesnt work. If there are no poor people then you dont have a capitalist society now do you? You advocate a socialist society and dont even realize it. But then again, seeing how you use talking points only, I doubt you really understand what socialism is. Anywhere you are currently in life is 100% due to the opportunities given to you or your parents or grand parents. If you think you worked real hard to be ahead, then you are working even harder to fool yourself. My parents came here from India, alone and enough rupees to convert to 7 american dollars, and worked tons harder and sacrificed more than you and your family combined, but they never forgot the opportunity given to them by this country. I think maybe you should see if you and your family could leave everything and start completely over in the ghetto of Baltimore just to see how much more superior you are than those poor people you support. Or learn another language and move to a foreign country. And do it without any "support" from the government of course.I have a feeling you would be crying like a little bit*h in 30 minutes.
Just anser me this one question,
I have been alive since 1977, so tell me who is this magical fiscal conservative that has held public office on a national level that is the standard bearer when you criticize criticize liberals? I mean if you think the cost of housing Death Row inmates is what is breaking the bank on budgets, then I bet you have always been given the smallest, most immaterial tasks your whole life and then made to feel important with trophies and ribbons. You want to people to think differently when your logic is circular and nonsensical at best.
Sorry for the long post everyone, but there is something that annoys me when people gripe about taxes when they are most likely the lowest they have ever been in their life. I have been where there is no food, water, air conditioning, electricity, healthcare, education, or opportunity and seeing people cry about how hard they have it for political reasonons gets me going. It is fine to be proud of yourself, but when you complain then go trade places with those you complain about or shut the f up. That is what makes sense to me.
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If banks had been required to hold onto the loans "the old-fashioned way", the securitization orgy is unlikely to have occurred. The put-back of the bad loans lasted only 6 to 12 months, not the 30 year life of a mortgage.
In 2005, the FBI reported detection of rampant mortgage fraud. The Federal Reserve and the Justice Dept did....nothing.
That is a fine question. Maybe they hoped it would go away. There still has been no one prosecuted to this day over the financial crisis and all we did was let the too big to fail banks absorb other huge failing banks which made them even bigger. WTF?
I don't have an answer to that one, but if I allow myself to wear a "tin-foil hat" for a moment......
I find it interesting that the TBTF banks now have an explicit guarantee of the backing of the US gov't. This actually aligns the TBTF banks more structurally with the way China's banks work - and that is a curious outcome of the "crises" - structuring yourself with benefits that your competition enjoys.
Of course, this is anathema to Capitalism, where failure from bad decisions is supposed to be allowed. It is more akin to corporate fascism/corporate welfare.
The Dodd-Frank bill is supposed to provide "resolution authority" for these TBTF banks in the event of failure, but it is a farce because R.A. is not trans-national, and these are all international corporations.