How could California’s politicians turn the land of milk and honey into a candidate for bankruptcy or bailout?
By ignoring industry and wealth creation — just like Barack Obama is now doing on the national level.
So bad decision making jumps to mind.
The only growing “industry” in California is government; followed by health care. And maybe health care is numero uno, to use the Californian language.
Since he became Governor, Arnold Schwarzenegger’s California has added 50,000 new state employees. These are highly paid people with full medical care. It’s kind of a welfare for the white collar. And what wealth do they add to the state? You do the math: no products produced, no industry of reality. But they do tax, collect fees and make laws which contributes to a hemorrhage of wealth producing businesses to Nevada and other locales.
Sen. Dianne Feinstein said development of solar and wind facilities in California’s Mojave Desert would violate the spirit of what conservationists had intended when they donated much of the land to the public.
My Vietnamese born wife and I drove through the Mojave not long ago and she said, “Worthless burnt rock.”
And that is what it will reamain if Feinstein gets her way.
California’s Congressman Henry Waxman, primary sponsor of the radical cap&trade/national eco-tax bill in the House, like Feinsten and a lot of other Californians, is willing to destroy real wealth producing industry with cap and trade while ignoring something literally beneath California’s feet: oil.
Last September the San Franciso Chronicle reported this gem:
“Pelosi is holding firm to her view that more drilling won’t have any short-term impact on gas prices and would only lower prices by pennies a gallon 10 years from now, citing government figures. She’s plotting a vote on a bill to rein in speculators in energy markets when Congress returns next month. Pelosi and other top Democrats see little reason to compromise. They expect to pick up seats in the House and Senate in November – and perhaps the White House, too – which would allow them to craft a more environmentally friendly energy policy next year. In the meantime, they plan to use their fundraising advantage to bash GOP candidates with ads linking them to oil companies.”
So for the short term, gas prices are fine so why drill — that’s what Pelosi said. And besides, according the Pelosi’s logic, she could get more Democrats elected and obtain a more environmentally friendly energy policy.The problem now is short term and it may become long term (certainly it has already on the national level). The problem is debt, borrowing, and no creating of wealth.
So screw wealth producing.
You can’t pay health care workers and government workers without someone creating wealth.
California has a shortage of people who create wealth: Hollywood just can’t keep up.
Yesterday, Nancy Pelosi, who has never said anything rediculously stupid, called climate change “the greatest challenge of our day.” She said climate change is a national security, economic, environmental health and moral issue.
Here’s a national security challenge: China owns most of the American debt and will just watch us spend ourselves out of the superpower seat. But we’ll be greener than China! Congratulations.
California has a pack of politicians that are thinking green and thinking us into more debt. They had better think green like green money soon or they’ll be out of both.
They are currently working on how to slash expenses and con the Federal Government out of a bailout. Nowhere have we heard about planning to create more wealth.
Green, gay and gutless. We could pray for more wealth producing businesses but the state has chased them off — and prayer is frowned upon.
Obama, Pelosi, Waxman, Feinstein and Schwarzenegger: demonize wealth, oil, big business and prayer. But love green, big government, government health care and debt spending. Can this work?
Brilliant Michael Moore Attacks Those that Produce Wealth
LOS ANGELES (Reuters) – Firebrand filmmaker Michael Moore, who targeted the Bush administration in “Fahrenheit 9/11” and the healthcare industry in “Sicko,” is now focusing on the global economic meltdown.
The Oscar-winning director will release his as-yet-untitled documentary across North America on October 2, co-financiers Overture Films and Paramount Vantage said on Thursday.
“The wealthy, at some point, decided they didn’t have enough wealth,” the statement quoted Moore as saying.
“They wanted more — a lot more. So they systematically set about to fleece the American people out of their hard-earned money. Now, why would they do this? That is what I seek to discover in this movie.”
Overture said Moore was still working on the film, and was keeping plot details close to his vest in typical fashion.
Liberty Media Corp-owned Overture will handle the film’s domestic release both in theaters and ancillary outlets, while Viacom Inc-owned Paramount Vantage will handle international sales.
Pelosi Calls Global Warming “Greatest Challenge”