Yeah, pensions and bad debts and the expectations of maintaining those = fantasy land for some people.
Speaking of those asshole money-changers, I know this may be a wazoo conspiracy theory, but have you paid any attention to the similarities between the Aurora shooting last summer and this Sandy Hook Shooting? The father of each culprit shooter was 'allegedly' involved in the LIBOR (London Interbank Offered Rate) scandal (which I knew nothing of until I read about it). Apparently some people involved with LIBOR made off really big after the housing bubble crashed in 2008, as they 'allegedly' assisted in the crisis occuring. 'Supposedly' 2 men who were to either be charged or testify were the fathers of each of the shooters in Aurora and Sandy Hook. Coincidence??? At first I wrote it off as a space-cadet wacko theory. But as I read more into it, there are some very strange coincidences and it's kind of scary if you put all the pieces together. But then again, all conspiracy theories are scary, and most of them I'm not to seriously concerned about. Anyway, you should go on youtube (or google if you'd rather read) and type Sandy Hook conspiracy or Aurora conspiracy. It's pretty bizarre some of the inconsistencies and coincidences they show. seekliberation --- In FairfieldLife@yahoogroups.com, Bhairitu <noozguru@...> wrote: > > Depends on how you do your accounting. First off California has almost > twice the population of New York and half again that of Texas. Those > figures are counting loans that don't need to be paid out right now. > Those included pension benefits. At that I don't why anyone ever > thought that paying someone on their pension what they made while > working was ever going to work. Apparently there were some really > one-dimensional folks out there in charge who thought the economy was > always going to expand. Bad bet creates bad debt. > > I don't think there IS any solution to the global financial situation. > The "money changers" have always been a problem. Maybe this time we need > to boot them off the planet. ;-) > > On 01/01/2013 08:56 PM, seekliberation wrote: > > Below are two links to show the state debt is in the hundreds of billions, > > not 28 billion. > > > > What you are probably doing is mistaking annual budget for total debt. > > Much like people who spout that Clinton paid off the national debt and had > > a surplus. Clinton never paid off any national debt, and in fact increased > > it during his 8 years in office (granted, his damage wasn't as bad as > > George H.W. Bush in 4 years). What Clinton did succeed at was balancing > > the 'ANNUAL' budget, and even had a surplus. Considering we were between > > 4-5 trillion in 'NATIONAL' debt, if we would've maintained his surplus for > > another 40-50 years, we'd be out of this mess. GWB basically nailed the > > coffin for us, and Obama is doing a good job of ensuring the coffin is > > placed inside a locked room. So even if we do get out of the coffin, we're > > still screwed. > > > > So basically, 28 billion is most likely California's annual budget deficit, > > but their total deficit is way higher. > > > > > > http://dailycaller.com/2012/09/04/report-california-state-debt-twice-that-of-new-york%E2%80%99s-more-than-greece/ > > > > http://www.calwatchdog.com/2012/12/10/ya-sure-you-betcha-were-fine/ > > > > seekliberation > > > > --- In FairfieldLife@yahoogroups.com, Bhairitu <noozguru@> wrote: > >> So where did you get that 600 billion figure? It was only 28 billion as > >> of last September. I'm just sitting here waiting for the place to > >> collapse and it ain't gonna be any better in any other state when that > >> happens or I will have neighbors I don't like or get along with. I > >> don't exactly see a lot of "self sufficient" tax payers nor > >> entrepreneurs fleeing the state. Probably for the same reason I don't > >> want to leave (also add in weather). > >> > >> Nothing wrong with socialism. Americans have been brainwashed against > >> it and there are plenty of countries that have it with free enterprise > >> along side. > >> > >> Frankly I find the human race to be a pathetic joke. > >> > >> On 01/01/2013 02:52 PM, seekliberation wrote: > >>> California is the epitome of the direction this country is going in. It > >>> has the highest debt of any state, with a total of over 600 billion, and > >>> 1 out of every 9 people are on food stamps. > >>> > >>> The scary part about it is that a lot of people there are moving to other > >>> states now. They are typically the entepreneurs and self-sufficient tax > >>> payers. Eventually one of two things will happen. Either a significant > >>> # of 'atlas' type people will be gone and the state will collapse in the > >>> same way the US probably will. Or the government will establish > >>> draconian measures such as taxing people who try to leave by taxing their > >>> assets and business they take with them. Welcome to stage 2 of socialism. > >>> > >>> seekliberation > >>> > >>> --- In FairfieldLife@yahoogroups.com, Bhairitu <noozguru@> wrote: > >>>> California has over 900. I think in order to make a new law you need to > >>>> do away with two. America has too many laws and it is stifling things. > >>>> > >>> > > > > >
