Kalifornia to Return to Territory Status?
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Harrison
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bankruptcy california territory status Democrats Liberals SpendingBefore it was a state, it was a territory. Could this be the future of Kalifornia?
Mr. Genest estimated that, eventually, 40% of the state’s budget would go to the state Medicaid program, 40% to education, 10% to debt service and 6% to retiree medical services and pension—leaving little left for anything else, such as the state’s corrections system.
Entitlement programs and Democrats’ lust for spending taxpayer dollars has created this crisis, along with the voters of Kalifornia re-electing the turkeys to Sacramento:
As of July 2009, California’s budget shortfall was 49.3% of its general funds. States have considered drastic options to fill such gaps.
“I looked as hard as I could at how states could declare bankruptcy,” said Michael Genest, director of the California Department of Finance who is stepping down at the end of the year. “I literally looked at the federal constitution to see if there was a way for states to return to territory status.”
The bailout will come from the Federal Government which means the rest of America (the “flyover” states to Liberals) will be paying for Democrats’ mistakes. This article shows what some feel will be the future of America… a divided nation split into different parts.
Don’t believe my explanation for Kalifornia’s miserable financial state? Democrats control the legislature in Sacramento… look how wisely they’ve been spending our money:
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7:01 AM
When will the people in these states wake up and realize that more and more government programs are not the answer? It is unsustainable. If Cali becomes a territory again, Michigan will probably be right behind them.
.-= Forgotten Liberty´s last blog ..Air Travel and the FAA, is Health Care Next? =-.
6:30 PM
And they even had surpluses not too long ago
10:41 PM
As California goes, so does the rest of the nation.
.-= vulcanhammer´s last blog ..An Interview with Jerry Taylor =-.
12:34 PM
You said that! Unfortunate but true unless we can crowd everybody into California then set nukes off along the San Andreas and create an island as in Escape from NY.
5:01 AM
dammit V-hammer beat me to it.
9:40 AM
Hey, if we weren’t part of the US any more, we could use all the federal taxes to pay off our debts. We would also be a lot more energy independent as we would be able to pump more oil without all that red tape the feds stick on everything.
No more federal import duties on goods…
The end to unfunded federal mandates…
More water for SoCal without all the environmental restrictions…
I see a lot of good to come out of this
.-= HeckSpawn´s last blog ..Supreme Court schedules Chicago gun rights case =-.
9:55 AM
Thanks for your comments. The only thing wrong with your plan is that Democrats would still control Sacramento.
9:58 AM
Yeah, but we’d be able to pull off a Bear Flag revolt a lot easier and move the capital of Jefferson back to the original Republic capital of Red Bluff.
‘Sides, we’ve got more guns up here in NorCal. Most of the gold too. And ALL the water…
.-= HeckSpawn´s last blog ..Supreme Court schedules Chicago gun rights case =-.
12:22 PM
Heckspawn, I love the idea. I’m big on nullification, States Rights, and threats of succession to put the Feds in their place. Unfortunately, too many citizens and the politicians they vote into office have been conditioned to live like subservient slaves to the State.
Harrison said: “The only thing wrong with your plan is that Democrats would still control Sacramento.”
Good point. However, the upside is that it would remove tools like Pelosi and Boxer from using federal programs/mandates/taxes to run their useless big government schemes.
.-= vulcanhammer´s last blog ..Politicians have incentives too =-.