Posted by Michael Der Manouel, Jr. at 12:00 am on Apr 09, 2007 Comments Off on The Coming Calamity: Can It Be Stopped?
I read today about the ambitious agenda in Sacramento and I just
shake my head. Democrats and their Governor apparently don’t
understand that when a building is on fire, you don’t go outside
and plant flowers.
Already we are seeing devastating fissures in State revenues,
after several years of record increases. Democrats and their
Governor, along with just enough Republicans, have spent ALL of the
increased revenue, borrowed more money, placed bonds on the ballot
to incur further debt, and raised spending baselines to intolerable
levels. Sounds like Gray Davis five years ago, except Arnold
has sky high approval for all of this. Must be a better
salesman.
I am heartened to see that Sacramento Republicans took the bold,
bold step today of saying no to new taxes. What
courage! The fact that a "pledge" even has to be signed in
the first place is a joke.
All in all, this is shaping up to be a very bleak situation, and
given the right dynamics, might be worse than what Gray did to the
State from 1999-2003. What shall we say then?
After the Governor lost the special election in 2005 (the
highlight of his term was… Read More