Comments (12)

1. 

   JohnInFirestone says July 9, 2012 at 8:41 am

   You know who else doesn’t blame Bush? Robert Reich.

   Yes, that Robert Reich.
2. 

   sdferr says July 9, 2012 at 8:51 am

   Althouse links to an IndyStar story detailing a comparison of Indiana and Illinois. Indiana is returning a surplus to Indiana taxpayers, $300 million overall, sending $100 to every individual tax-filer and $200 to couples.

   In Illinois,by contrast:
   

   Last year, Illinois lawmakers scrambled to close a budget shortfall estimated at $11 billion. Despite substantial tax increases and deep cuts in services, the state ended the 2012 fiscal year, which closed June 30, with a shortfall of more than $8 billion. In fact, Illinois’ auditor general recently released a report describing the state’s deficit as the nation’s worst based on the percentage of revenue.
3. 

   Squid says July 9, 2012 at 10:11 am

   Is there an Intrade market for which state goes bankrupt first?
4. 

   BigBangHunter says July 9, 2012 at 12:04 pm

   “Is there an Intrade market for which state goes bankrupt first?”

   - La La Land passed that cherished goal some 8 years ago, so no one would take that bet.
5. 

   Squid says July 9, 2012 at 12:27 pm

   California’s not bankrupt! Really — there’s thousands of vendors holding IOUs on very official-looking State letterhead that agree with me!
6. 

   BigBangHunter says July 9, 2012 at 1:11 pm

   - Unhuh…..and if they hang on to them for about 200 years their great-great=great grandchildren may be able to sell them as collectors items from the “Age of fiscal insanity”.
7. 

   palaeomerus says July 9, 2012 at 1:16 pm

   California IOU’s = the Wooden Nickels of the early 21st century.
8. 

   McGehee says July 9, 2012 at 3:50 pm

   Palaeo, I’d compare California’s IOUs to Confederate money — except Confederate money was worth something when it was printed.
9. 

   LBascom says July 9, 2012 at 4:01 pm

   You guy’s! Quit picking on California!

   If anyone knows how to get me off unemployment, and back working, it’s California’s wise leadership.

   Behold!

   A bill that would safeguard illegal immigrants from status checks by local authorities has passed the California Senate.

   The so-called “California Trust Act” passed through last week.

   Supporters are calling it the “Anti-Arizona” bill.

   Under the bill, local police won’t be able to refer a detainee to immigration officials for deportation unless that person has been convicted of a violent or serious felony.
10. 

    BigBangHunter says July 9, 2012 at 10:19 pm

    “….unless that person has been convicted of a violent or serious felony. “

    - Notice the wording “convicted”. A beaner could be standing there with a machete dripping blood, but if he doesn’t have a record…. no harm, no foul.

    - Well eventually maybe Arizona will loan La La land some money when it runs out of paper even to write IOU’s.
11. 

    happyfeet says July 9, 2012 at 10:57 pm

    Jerry Brown is trying to get a massive tax hike and he’s earmarked all the money for his piggy piggy teacher whore pals – not the general fund

    I’m curious to see what happens I probably won’t vote either way on that one since on the one hand I think it’s a nice inducement for high earners to move away and stop supporting this highly corrupt enterprise we call california but on the other hand it’s a fascist initiative and once you start pulling the lever for fascism history tells us it’s sort of a slippery slope
12. 

    bh says July 9, 2012 at 11:04 pm

    Here’s a song about all that.