The Terminator’s chickens are finally coming home to roost in California. The biggest free lunch state is about to come crashing down. Illegal aliens cost the state of California $13.1 billion per year, but (unlike Arizona) California would rather go bankrupt than deport needy Third World people.
An article on the Bloomberg.com website reports “California Governor Arnold Schwarzenegger will seek ‘terrible cuts’ to eliminate an $18.6 billion budget deficit facing the most-populous U.S. state through June 2011, his spokesman said. Schwarzenegger, 62, who will introduce his revised budget plans on May 14, has said he won’t seek tax increases to bolster California’s finances.”
He doesn’t dare raise taxes again. Businesses have been fleeing the state in record numbers. A Global Warming Act that California enacted has already put a number of businesses with large diesel trucks out of business because it mandates replacing perfectly good engines with brand new engines in the middle of a Depression. The John and Ken show has often quoted a study by two Cal state professors that estimates the Global Warming Act will kill over a million jobs in the golden state. Many business owners are literally living day-by-day uncertain which new crazy liberal-socialist-green law will be the one that turns them unprofitable and forces them to close.
What’s left of the state’s productive White tax base is on the brink of flight from California and even a liberal idiot like Ahnold can finally understand he dare not rape them with higher taxes any further. Unless an individual is literally making hundreds of thousands of dollars per year in Los Angeles or San Francisco, he will wind up living in some high crime neighborhood and he won’t have enough money to send his kids to private (meaning safe, mostly White) schools as the public schools became unusable for Whites for a long, long time.
The Bloomberg article notes “California’s revenue in April, when income-tax payments are due, trailed the governor’s estimates by $3.6 billion, or 26 percent. The gap wiped out gains from the previous four months, leaving collections $1.3 billion behind projections for the budget year that ends in June. Schwarzenegger’s newest plan will revise the proposals introduced in January to account for the tax-collection shortages. In January, the governor said California may have to eliminate entire welfare programs, including the main one that provides cash and job assistance to families below the poverty line, without an influx of cash from the federal government.”
California has a majority non-White population that is quickly driving it to bankruptcy. Just one Mexican family with four children in Los Angeles will create a tax burden of 1.2 million dollars for the cost of public school alone. If the Feds don’t bail out California, its parasites will spread out like fleas from a dead animal seeking healthier hosts. California’s problems are about to become the rest of the country’s problems.
The Bloomberg article continues “Since then, the Democrat-controlled Legislature has made few strides toward closing the budget hole. Democrats this week introduced a package of bills that would raise as much as $2.9 billion annually by imposing a 10 percent severance tax on oil production in the state, repealing corporate-tax breaks approved last year to spur job growth and assessing commercial property taxes differently.”
If they change the property tax system, they could easily tax millions of elderly White Californians out of their homes. That’s why Proposition 13 was put into law in the first place because people were literally being taxed out of their homes in the 1970s due to rising property values. Property taxes used to be temporary measures to pay for a war, not some permanent burden or “rent” that the state government collects. What’s the point of “owning” property if the government can force you out with an ever increasing exorbitant property tax?
The legislature in California is literally insane. It’s made of lunatic Mexican socialists, deranged liberals who can’t do math and closet communist Jews. In previous generations when the state was 90 percent White, the California legislature had sane White men, who planned ahead, built water pipelines that went over mountain ranges and who built freeway systems to keep up with the population. Today the freeways are clogged for most of the day and there seems to be a permanent “drought” which is really a water shortage caused by millions of illegal aliens.
Some economic experts are predicting that the next big financial disaster in store for America will be the states going bankrupt one by one, demanding federal bail outs to save them. California appears to be there already.
