Liberalsunshine

Are California Muni Bonds Safe?

Gee, you all want answers. Well, here's how to turn CA from a bankrupt liberal cesspool into a utopia.

1) First, let's fire some CA employees. California's spending has risen exponentially in the past 10 years, although its population has not. 40% of the spending is on 'education'. The unions have such a iron grip on the state that Schwarzenegger was unable to even get them to give up 2 of their 14 paid holiday days.

Get rid of the teacher's union, get rid of the administrators, pay the teachers a fair salary (bear in mind that they work < 8 months a year). And CA will have no debt.

2) But why stop there? CA should be the richest state in the union. While you're at it, get rid of the CA public employees union. And fire half of our public employees. Wow, now we have a huge tax surplus.

3) Well, now that we're rolling in money, let's lower corporate and individual tax rates to 4%. Gee, now we have the largest influx of new companies and workers in California's history.

4) Just to make sure we're the best state in the USA, let's put a single-term limit on our state congress (poor things, they're already limited to a mere 14 years) so they stop selling their influence for private interests - such as the unions. Sure, they practically guarantee re-election with redistricting, but they still need to sell lots of influence.

5) Now CA can even attain its liberal dream of offering free public healthcare. THAT can be funded by levying enormous fines on any corporation or individual who hires an illegal alien. This would lead to an exodus of Mexicans, and we wouldn't have to spend a penny capturing them or shipping them back home. As a nice side-effect, CA's crime rate would drop to levels not seen since the 1950's.

6) Not all the Mexicans are here for work of course - half of them are convicted felons plying the drug trade. So let's legalize drugs, starting with Marijuana. CA can tax it the way it taxes cigarettes and raise enormous revenue - while at the same time driving the Mexican cartels out of business.

There you go, losers. Some simple steps to make YOUR state a paradise. But of course that isn't what the liberal whiners who make CA's population really want. What they want is for someone ELSE to pay for all of their social-engineering programs and their enormous socialized workforce - and they have found their messiah in Barak HUSSEIN Obama, a devout socialist who believes that capitalism doesn't work. So let's sit back an enjoy while California and HUSSEIN drag us all down into their socialist hell.