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November 13, 2010 at 12:03 PM in reply to: OT: Estimated state budget deficit reaches $25.4 billion #630539November 13, 2010 at 12:03 PM in reply to: OT: Estimated state budget deficit reaches $25.4 billion #630617
Zeitgeist
ParticipantI do not think the Feds will let this State go bankrupt, but once they run out of money, since unlike the Feds. Cali does not print its own money, then the fun will start. When Cali starts issuing I.O.U.s and people start rioting because they are not getting their entitlements, the Feds will step in, then it will really unravel. Wait for the fireworks.
BTW Econ. Pro, if you were going to move where would you go? I ask because even though some of the other States do not have income tax or it is far lower, many of them do not have Prop. 13 so you could potentially get tax increases every year as a home owner, so all things considered what is the most middle class tax payer friendly State in your estimation? I will hang up now and take the answer off the air. Thanks.
November 13, 2010 at 12:03 PM in reply to: OT: Estimated state budget deficit reaches $25.4 billion #631190ParticipantI do not think the Feds will let this State go bankrupt, but once they run out of money, since unlike the Feds. Cali does not print its own money, then the fun will start. When Cali starts issuing I.O.U.s and people start rioting because they are not getting their entitlements, the Feds will step in, then it will really unravel. Wait for the fireworks.
BTW Econ. Pro, if you were going to move where would you go? I ask because even though some of the other States do not have income tax or it is far lower, many of them do not have Prop. 13 so you could potentially get tax increases every year as a home owner, so all things considered what is the most middle class tax payer friendly State in your estimation? I will hang up now and take the answer off the air. Thanks.
November 13, 2010 at 12:03 PM in reply to: OT: Estimated state budget deficit reaches $25.4 billion #631318ParticipantI do not think the Feds will let this State go bankrupt, but once they run out of money, since unlike the Feds. Cali does not print its own money, then the fun will start. When Cali starts issuing I.O.U.s and people start rioting because they are not getting their entitlements, the Feds will step in, then it will really unravel. Wait for the fireworks.
BTW Econ. Pro, if you were going to move where would you go? I ask because even though some of the other States do not have income tax or it is far lower, many of them do not have Prop. 13 so you could potentially get tax increases every year as a home owner, so all things considered what is the most middle class tax payer friendly State in your estimation? I will hang up now and take the answer off the air. Thanks.
November 13, 2010 at 12:03 PM in reply to: OT: Estimated state budget deficit reaches $25.4 billion #631637ParticipantI do not think the Feds will let this State go bankrupt, but once they run out of money, since unlike the Feds. Cali does not print its own money, then the fun will start. When Cali starts issuing I.O.U.s and people start rioting because they are not getting their entitlements, the Feds will step in, then it will really unravel. Wait for the fireworks.
BTW Econ. Pro, if you were going to move where would you go? I ask because even though some of the other States do not have income tax or it is far lower, many of them do not have Prop. 13 so you could potentially get tax increases every year as a home owner, so all things considered what is the most middle class tax payer friendly State in your estimation? I will hang up now and take the answer off the air. Thanks.
November 11, 2010 at 10:47 PM in reply to: OT: Doing business with chinese people who are superstitious #629875ParticipantObama is #44.
November 11, 2010 at 10:47 PM in reply to: OT: Doing business with chinese people who are superstitious #629952ParticipantObama is #44.
November 11, 2010 at 10:47 PM in reply to: OT: Doing business with chinese people who are superstitious #630526ParticipantObama is #44.
November 11, 2010 at 10:47 PM in reply to: OT: Doing business with chinese people who are superstitious #630653ParticipantObama is #44.
November 11, 2010 at 10:47 PM in reply to: OT: Doing business with chinese people who are superstitious #630970ParticipantObama is #44.
ParticipantOne word- greed!
ParticipantOne word- greed!
ParticipantOne word- greed!
ParticipantOne word- greed!
ParticipantOne word- greed!
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