Come on CAR…These goals are not mutually exclusive. Just because we bailed out the financials, which I was against from the start does not mean that we should avoid the public sector problem. They are completely unrelated as far as the burden to the taxpayer/state is concerned. Do them both, but if you can only politically do one, than do one! If I were faced with an either or decision, it would be to kill the bankers, but that is not my decision…unilaterally of course.
The public unions have to go. if it makes good economic sense to pay firemen outlandish wages, than it will be so (as you claim). An accountable, fiscally speaking, government will make it so. But the unions are not the ones we should be looking to for responsible wages. We should be looking to what the market can bear. And if the market determines that adequate pay for fireman is 1XXk per year than an accountable government can pay that. Maybe I live in a fantasy land, but that makes sense to me.
As for the bankers, string them up.
Come on CAR stop holding the bankers as your hoop to jump through before addressing all the other state budget issues. I don’t think CA had a hand in TARP. So stop linking the two. They are two independent indiscretions that need to be dealt with independently.