California is going bankrupt

[League Champion 1,911]

Surprise Surprise

 

https://www.telegraph.co.uk/news/2023/12/10/california-bankrupt-debt-budget-finances-woke/

[weepaws 3,193]

Very old news, it’s been happening for some time.  Those people will be moving to a state near you. 

[5-Points 3,535]

40 minutes ago, weepaws said:

Very old news, it’s been happening for some time.  Those people will be moving to a state near you. 

Yep. I'm moving to Reno. 

[weepaws 3,193]

Come on up, I can use some yard work.  Thanks Cali 

[League Champion 1,911]

14 minutes ago, weepaws said:

Come on up, I can use some yard work.  Thanks Cali 

Nobody in Reno has a yard, it's dirt. 

[Nomad99 744]

Why is this a surprise? Is there any successful example of giving everything away for free to people that don't contribute that has ever worked in the history of the word "worked"?

[weepaws 3,193]

21 minutes ago, League Champion said:

Nobody in Reno has a yard, it's dirt. 

Wrong again liberal.  You need work? 

[League Champion 1,911]

5 minutes ago, weepaws said:

Wrong again liberal.  You need work? 

Go to Home Depot and grab a couple Pedros for 59 cents a day. 

[5-Points 3,535]

32 minutes ago, League Champion said:

Nobody in Reno has a yard, it's dirt. 

Reno is a shithole. 

[Strike 5,553]

California's budget woes don't even take in to account it's unfunded pension liabilities:

https://calmatters.org/commentary/dan-walters/2020/08/california-court-pension-debt-unfunded/

[League Champion 1,911]

11 minutes ago, 5-Points said:

Reno is a shithole. 

It really is

It's definitely NOT God's Country 

[5-Points 3,535]

8 minutes ago, League Champion said:

It really is

It's definitely NOT God's Country 

It's white trash country. 

 

  

[League Champion 1,911]

3 minutes ago, 5-Points said:

It's white trash country. 

 

  

To say the least. 

[easilyscan 925]

Anyone concerned about California debt, should also be concerned about US debt. 

https://usdebtforum.com/2021/05/17/truth-in-accounting-u-s-national-debt-closer-to-123-trillion-nearly-796000-per-household/

 

[EternalShinyAndChrome 4,106]

11 hours ago, easilyscan said:

Anyone concerned about California debt, should also be concerned about US debt. 

https://usdebtforum.com/2021/05/17/truth-in-accounting-u-s-national-debt-closer-to-123-trillion-nearly-796000-per-household/

 

Yeah, we're f@cked.  No way we can ever get out from under that unless we have a 1991 Russia style collapse.  Once that happens, people will soon realize what REAL suffering looks like instead of what passes for "suffering" today.  At least then the whining and crying will be legit.

[Dizkneelande 1,101]

California spends more on Medicaid than any other state in the nation and it’s not even close. Why are poor red states subsidizing rich blue states? 

[EternalShinyAndChrome 4,106]

5 minutes ago, Dizkneelande said:

California spends more on Medicaid than any other state in the nation and it’s not even close. Why are poor red states subsidizing rich blue states? 

I love that that you played it like that!

Liberals love to scream that red states take more from the government than blue states, but if you actually look into the stats you see that all of the money is from the blue cities in the red states! 

Of course, the liberals won't say that because they want to put forth misinformation to advance the message.

[Stryker Ryker 188]

On 12/24/2023 at 12:32 PM, League Champion said:

Surprise Surprise

 

https://www.telegraph.co.uk/news/2023/12/10/california-bankrupt-debt-budget-finances-woke/

I’ve literally tried telling ppl this but the only response i get is the typical “5th in the world”  Doesn’t matter how much you make when you’re literally blowing through it & in debt always. Even got idiots here who keep repeating that despite all the evidence that points to them being ignorant & wrong 
 

 

 

[Dizkneelande 1,101]

16 minutes ago, EternalShinyAndChrome said:

I love that that you played it like that!

Liberals love to scream that red states take more from the government than blue states, but if you actually look into the stats you see that all of the money is from the blue cities in the red states! 

Of course, the liberals won't say that because they want to put forth misinformation to advance the message.

It gets better. California and New York have more than twice as many Medicaid enrollees than Texas and Florida. If you now consider Pennsylvania a blue state since they have a Democrat governor and 2 Democrat senators, 7 of the top 10 are blue states.

[RLLD 4,230]

It cannot help to have so many tax payers leaving the state.  I am sure that was part of the reason they were trying to come up with a way to keep taxing people who left.

It is time to stop stealing from hard working people, or they will run to a better place if they can. 

[DonS 3,292]

Just booked hotel rooms for a concert with the kids that's coming up in Feb in LA.  In addition to regular tax, and 2% tourism tax, I was surprised by the extra 14% "Transient Occupancy Tax".

Felt like I was dealing w Ticketbastard and their fock you fees. 

[RLLD 4,230]

13 minutes ago, DonS said:

Just booked hotel rooms for a concert with the kids that's coming up in Feb in LA.  In addition to regular tax, and 2% tourism tax, I was surprised by the extra 14% "Transient Occupancy Tax".

Felt like I was dealing w Ticketbastard and their fock you fees. 

There is really no reason to go to Cali any more, and further.....no reason to stay and live there any more.....all these people fleeing third world countries would likely look at California and reminisce quite a bit.

[Cloaca du jour 2,150]

17 minutes ago, DonS said:

Just booked hotel rooms for a concert with the kids that's coming up in Feb in LA.  In addition to regular tax, and 2% tourism tax, I was surprised by the extra 14% "Transient Occupancy Tax".

Felt like I was dealing w Ticketbastard and their fock you fees. 

Get to share hotels with transients from south of the border

[easilyscan 925]

1 hour ago, DonS said:

Just booked hotel rooms for a concert with the kids that's coming up in Feb in LA.  In addition to regular tax, and 2% tourism tax, I was surprised by the extra 14% "Transient Occupancy Tax".

Felt like I was dealing w Ticketbastard and their fock you fees. 

Unreal. 

[League Champion 1,911]

5 hours ago, DonS said:

Just booked hotel rooms for a concert with the kids that's coming up in Feb in LA.  In addition to regular tax, and 2% tourism tax, I was surprised by the extra 14% "Transient Occupancy Tax".

Felt like I was dealing w Ticketbastard and their fock you fees. 

It's almost easier being an illegal Immigrant

Ohh wait, it is. 

[Dizkneelande 1,101]

LA Times - The wealthiest Californians are fleeing the state. Why that’s very bad news for the economy

“Even though California has experienced lopsided out-migration for decades, the financial blow has been cushioned by the kinds of people moving into the state: The newcomers were generally better educated and earned more money than those who left.”

“Not now: That long-standing trend has reversed. New state-to-state migration data show that for several years, thousands more high-earning, well-educated workers have left California than have moved in.”

“The reversal, largely in response to the state’s high taxes and soaring cost of living, has begun to damage California’s overall economy. And, by cutting into tax revenues, has delivered punishing blows to state and local governments.”

@State budget analysts recently projected a record $68-billion deficit in the next fiscal year because of a 25% drop in personal income tax collection in 2023. Some city, county and other local taxing authorities, particularly in the San Francisco Bay Area, have also recorded revenue declines.”

[EternalShinyAndChrome 4,106]

57 minutes ago, Dizkneelande said:

LA Times - The wealthiest Californians are fleeing the state. Why that’s very bad news for the economy

“Even though California has experienced lopsided out-migration for decades, the financial blow has been cushioned by the kinds of people moving into the state: The newcomers were generally better educated and earned more money than those who left.”

“Not now: That long-standing trend has reversed. New state-to-state migration data show that for several years, thousands more high-earning, well-educated workers have left California than have moved in.”

“The reversal, largely in response to the state’s high taxes and soaring cost of living, has begun to damage California’s overall economy. And, by cutting into tax revenues, has delivered punishing blows to state and local governments.”

@State budget analysts recently projected a record $68-billion deficit in the next fiscal year because of a 25% drop in personal income tax collection in 2023. Some city, county and other local taxing authorities, particularly in the San Francisco Bay Area, have also recorded revenue declines.”

The fact of the matter is that liberals ruin every city, state and country they are in.  Those people fleeing the state aren't going to change their vote - they're going to ruin whatever city, state and country they move to next.  Like cockroaches, all they do is destroy things.  And, unlike cockroaches, they just blame everyone else for doing it.

[Reality 3,121]

36 minutes ago, EternalShinyAndChrome said:

The fact of the matter is that liberals ruin every city, state and country they are in.  Those people fleeing the state aren't going to change their vote - they're going to ruin whatever city, state and country they move to next.  Like cockroaches, all they do is destroy things.  And, unlike cockroaches, they just blame everyone else for doing it.

Sadly, this is 100% correct.

It seems like liberals take it as a challenge, let's see how bad\quick we can fock things up. 

[Dizkneelande 1,101]

Medi-Cal will soon be open to all, ‘papers or no papers.’

Good luck Californians

[Hardcore troubadour 15,438]

2 hours ago, EternalShinyAndChrome said:

The fact of the matter is that liberals ruin every city, state and country they are in.  Those people fleeing the state aren't going to change their vote - they're going to ruin whatever city, state and country they move to next.  Like cockroaches, all they do is destroy things.  And, unlike cockroaches, they just blame everyone else for doing it.

Austin Texas says what’s up? Blue in a sea of red and it’s gone to shitt in Record time.