"Sir, I am one of those benighted California voters who rejected the latest batch of stop-gap referendums to close the budget gap. I am also a dealer in California municipal bonds. ... State spending had, until the recession, risen faster than incomes for many years. ... Heaven forbid! The golden geese are tired of having their eggs stolen for the benefit of indigenous residents and people streaming up from Central and South America who know a good deal when they see it. The tax base has been narrowing for years, for while would-be beneficiaries find the state an attractive place, those of us who are expected to pay and get nothing for it do not. The rich are voting with their feet for lower tax jurisidctions like Florida, Texas and Nevada", Robert Gore, letter to the FT, 12 June 2009.
What do you FT snobs think? Who cares? You like illegal aliens, you support them. See my 6 June 2009 post, http://skepticaltexascpa.blogspot.com/2009/06/occams-butterknife-slices-california.html. Lenin was asked in about 1920 if the USSR had elections. Lenin replied, in 1917 the people could have gone to the Czar's lines or my lines. They went to my lines, "They voted with their feet". So are the members of California's taxpaying class.
Other people observing the effects of illegal aliens on California recently are: Pat Buchanan, 26 June 2009, link: http://www.vdare.com/buchanan/090625_california.htm and Joe Guzzardi, 27 June 2009, link: http://www.vdare.com/guzzardi/090626_schwarzenegger.htm.
2 comments:
Yup... voting with their feet...
This is a big crisis and a good laboratory for change...
I hope Mr. Terminator tries to break the gridlock...and embraces thrift... look at all the expenses... and the cost of providing services to illegals... he is frozen in place... default coming?
Why do I keep hearing things like:
rejected the latest batch of stop-gap referendums to close the budget gap.
There was NOTHING there which would have closed the budget gap if it passed. The largest was for borrowing $5B on the lottery. This doesn't close the gap, just push it into the future. The 1A $16B tax increase was an extension on taxes already raised and would not have helped the current gap.
So even if they had passed they wouldn't have helped...
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