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Forums » Tech and Talk » City Chat » Southern California » State IOUs...Who will get them on Thursday....
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ghostpainter
I Write for the Apocalypse
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join:2002-05-25
Rancho Cucamonga, CA
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State IOUs...Who will get them on Thursday....

The state controller's office says it will begin issuing IOUs on Thursday for the first time since 1992 if the governor and Legislature haven't come up with a budget fix.

If that happens, who will get them, how will they work and will you be able to use them to pay your bills?

»www.sfgate.com/cgi-bin/article.c···FP50.DTL

Fortunately for us we have found out that the state can not issue these to health and in home support workers and certain unions. And if you are getting unemployment you will still be able to get them because they are issued from a separate fund guaranteed by the Federal Government.
--
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Why is it that people who never pay attention to the weather are always the first to complain.


nirvansk815
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Rancho Cucamonga, CA
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1 edit
I don't think anyone really knows what's going on. California's finances are running in complete chaos; guess what, we still don't understand the basics...
--
There's so much to be thankful for...How can anyone be sad?


Waldothe3rd
Premium
join:2009-02-16
Sun N Sand
·ViaTalk

reply to ghostpainter
Just got my State Income Tax Refund check last week (I procrastinate a little on that April 15th deadline) It's been deposited and has cleared! It'll be interesting how banks will react this time whether they accept IOUs or not. What's the latest on the budget? Does anyone see it getting passed in the near future? Thanks to Jock-o, I've stayed away from the news of late...


sholling
Premium
join:2002-02-13
Hemet, CA

reply to ghostpainter
It's time for the annual tears over the state not paying bills. This is where those of us that live off the taxpayers start complaining that we don't pay enough taxes. All together now.... Waaaaaaaaaaaaaaaaaaaah!



Until the morons in the legislature come up with 24 billion in spending cuts I don't want them to pay anybody. If the pain gets bad enough maybe they will grow up and start slashing the bloated budget. Below is an example of Sacramento "thinking". Your budget committee charwoman's words: "Living within our means is meaningless." Brilliant, just flipping brilliant!!!

»www.youtube.com/watch?v=gJZDusqg6qw

--
"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else."
--FREDERIC BASTIAT--


TearAbite

join:2001-07-25
Rancho Cucamonga, CA

1 edit
reply to ghostpainter
Everybody wants everything (healthcare for all the illegals, smaller classroom sizes, more teachers, higher pay, open border, etc), yet nobody wants to pay..
What could possibly go wrong?


sholling
Premium
join:2002-02-13
Hemet, CA

said by TearAbite See Profile :

Everybody wants everything (healthcare for all the illegals, smaller classroom sizes, more teachers, higher pay, open border, etc), yet nobody wants to pay..
What could possibly go wrong?
No those that live off the taxpayers want those things. Those that work their asses off in the private sector want spending cuts and more bang for our hard earned tax dollars.
--
"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else."
--FREDERIC BASTIAT--


suprleg
Abracadabra
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join:2004-05-06
Garden Grove, CA
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reply to ghostpainter
Until comprehensive "Retirement Reform" is enacted, there will never be a balanced budget. Ninety percent of ones total wages/benefits in retirement, let's get real....jmo


ghostpainter
I Write for the Apocalypse
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join:2002-05-25
Rancho Cucamonga, CA
clubs:

Somehow I dont think that my retirement payment equals that much against what I earned. I made an average of $70,000 the last three years I worked and I make a little over a $1,000 now on SS.

SS uses a point system for retirees unless you get sick when you are young, then a different formula is used. It just so happened that when I got sick I had 54 points so I was able to Retire out right instead of on disability which makes a big difference when you approach 65.

For those who receive SSI, the portion that is paid by the state will be covered by the Feds.
--
»www.insidetheie.com/
»earthlogii.blogspot.com/
»vietaffairsvets.blogspot.com/

Why is it that people who never pay attention to the weather are always the first to complain.


sholling
Premium
join:2002-02-13
Hemet, CA

said by ghostpainter See Profile :

Somehow I dont think that my retirement payment equals that much against what I earned.
I think he's referring to the state employees retiring after 30 years at 90-94% of final pay.
--
"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else."
--FREDERIC BASTIAT--


bjl
Premium
join:2002-05-02
Newport Beach, CA

reply to sholling
said by sholling See Profile :

said by TearAbite See Profile :

Everybody wants everything (healthcare for all the illegals, smaller classroom sizes, more teachers, higher pay, open border, etc), yet nobody wants to pay..
What could possibly go wrong?
No those that live off the taxpayers want those things. Those that work their asses off in the private sector want spending cuts and more bang for our hard earned tax dollars.
not everyone that receives a paycheck that's taxpayer backed feels this way.
--
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jig

join:2001-01-05
Hacienda Heights, CA


1 edit
reply to sholling
said by sholling See Profile :

(youtube clip)
first, lets just agree, plainly, the group has no rights to the songs/music used in the clip, and no excuse to use them. The group is clearly not living within its own means... but I'll move on.

Second, she isn't saying that it's fun to "hit" corporations when it's tougher, shes saying that they're freeloaders ANYWAY, and making them pay their share ALL the time is fair.

Third - there is a basic cost to have the various things we, and the corporations here, enjoy on a daily basis. Either the benefits evaporate, or people and corporations pay in. We can argue about what benefits are rational, but still. From that point of view, that there is some rational cost to having a functioning state, ANY tax reduction is "spending". The state is giving up its right to future income. We can compare to other states just as easily as we can compare to our own past history, but whatever the reference point is, a tax "cut" is the state spending your hard earned $$. Corporate tax "cut" means that mom and pop are subsidizing Disneyland and the ARCO refinery.

you have to understand (or maybe "buy in") that your earnings while in the state are in some proportion due to the facts that CA provides certain services, upholds certain rights, makes certain decisions, etc. The state has a right to that proportion of your earnings because you choose to live here, just like the Fed has a right because you live in the US. If you think there isn't a benefit to living here, go work in India or Taiwan. Or Russia. Or in what used to be the southern, eastern block. Or in Africa. Somewhere where you could work twice as hard as you do here, and make the equivalent of a $1/month, live in something with a dirt floor, and have a sub-point percentage chance of having access to an emergency room.

Yes, it's arguable whether 94% of pay is rational, and its clear that the CA managers are making other-worldly decisions about some things, but what ISN'T arguable is that CA is better for must of us to live in than some large percentage of the rest of the world. And, it isn't arguable that it costs money.

My point - singling out her comments is useless. What she's responding to is the cram-down approach that's being used to work out the budget. There are programs that have been on the right-wing chopping block for YEARS not because they're frivolous, but because some lobby wants to make money off them. Heath care is one, lots of environmental-related ones are others. You think they want parks to pay their own way because they want higher park prices? no, they want the parks to look like red-lines later on so that they can excuse selling them to developers (the lobby) who can cut the timber, rape the land, and put up shacks made with illegal labor. And, that portion is chump change anyway compared to the deficit.

I'm still flummoxed at how we've switched from "how did we get here" to "what do we cut" so quickly. Fixing the "how" is so much more important, and it has little to do with her comments.

Maybe it would be worthwhile for the state to file bankruptcy. if only to get out of all the bad labor contracts, just like with GM. Will the feds be our DIP financier?

ph, and an opinion on the cram-down tactics:

»www.latimes.com/news/opinion/edi···43.story

--
Catapultam habeo. Nisi pecuniam omnem mihi dabis, ad caput tuum saxum immane mittam.


sholling
Premium
join:2002-02-13
Hemet, CA

The LA Times is a socialist rag - period. Nobody takes their opinions seriously anymore.

The fallacy in your theory is that you see all money as belonging to the government, and anything that they let us keep as "spending". Money belongs to those who earn it, and killing the goose that lays the golden eggs is silly. California's real unemployment rate is roughly 20%. Why in the world would we want to kill more businesses and drive more jobs out of state by raising taxes.

»www.davemanuel.com/2009/04/18/ca···n-march/

quote:
It should be noted that the 11.2% unemployment rate that was posted in March is the U-3 rate - some have publicly stated that they believe that the U-6 unemployment rate is approaching the 20% mark in the state. The U-6 rate is a broader measure of unemployment, and includes people who want full-time work but have given up the search, as well as people who want full-time work but are forced to accept part-time jobs due to "economic" reasons.

The simple solution is to outsource all non law enforcement and court functions to the low bidder - with no strings requiring prevailing wages, gold plated benefits, or unions.
--
"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else."
--FREDERIC BASTIAT--


ghostpainter
I Write for the Apocalypse
Premium,MVM
join:2002-05-25
Rancho Cucamonga, CA
clubs:

In the Central Valley the unemployment rate is over 40% because of seasonal workers and down in the Cochella Valley its almost 50%.

We do need to raise taxes, but only by 1 or 2%. If we had a flat tax on all sales we would be doing just fine but that is something that the Liberals would never allow to happen cause it would take away there power base.

One good thing, the Senators will be working well into the morning hours to try to come up with a budget. The bad thing...How many years has it been that Californian politicians ever sent a budget to the Governor on time. 10-20? Not since Reagen ran a balanced budget, not our flower child, nor Pete Wilson.
--
»www.insidetheie.com/
»earthlogii.blogspot.com/
»vietaffairsvets.blogspot.com/

Why is it that people who never pay attention to the weather are always the first to complain.


dogma
Premium
join:2002-08-15
Boulder City, NV

reply to sholling
said by sholling See Profile :

The LA Times is a socialist rag - period. Nobody takes their opinions seriously anymore.

The fallacy in your theory is that you see all money as belonging to the government, and anything that they let us keep as "spending".
With all due respect, these statements are unfair and do nothing to further an intelligent discussion of the matter.

Do you really want a lowest bidder run DMV, or transit system?

You can not have a sovereign state for the public/common good without revenue from the population. We all agree on that, so the question is how best to administer and manage...while trying to keep everyone somewhat satisfied.

This is a difficult trick. But wouldn't it be easier to simply have an automatic, iron-clad, "pay as you go" system written into the state constitution?


sholling
Premium
join:2002-02-13
Hemet, CA

said by dogma See Profile :

Do you really want a lowest bidder run DMV, or transit system?
Yes. They certainly couldn't do a worse job. Include a service level agreement in the contract, and in the case of DMV put the offices out to 2 vendors. Let people pick. Competition will force good service.

This is a difficult trick. But wouldn't it be easier to simply have an automatic, iron-clad, "pay as you go" system written into the state constitution?
Explain.
--
"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else."
--FREDERIC BASTIAT--


No_Strings
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The OC

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reply to dogma
said by dogma See Profile :

But wouldn't it be easier to simply have an automatic, iron-clad, "pay as you go" system written into the state constitution?
Sounds good, but it doesn't allow for legitimate emergencies where borrowing might be prudent or (without explicit mandate) provision for a modest reserve.

As we're seeing, it's incredibly difficult from a political perspective to scale government back. Growing it is easy, but people and politicians get very acclimated to the status quo. There's no going back. "You can't take away [insert favorite program] because children and old people will die." What did we do before [favorite program] existed? Why can't we go back?

We need a mindset change in Sacramento and in the general population that the state should not and cannot provide for every need or whim.

BTW, outsourcing the DMV surely couldn't make it worse, could it?


dogma
Premium
join:2002-08-15
Boulder City, NV

reply to sholling
said by sholling See Profile :

Yes. They certainly couldn't do a worse job. Include a service level agreement in the contract, and in the case of DMV put the offices out to 2 vendors. Let people pick. Competition will force good service.
said by No_Strings See Profile :

BTW, outsourcing the DMV surely couldn't make it worse, could it?
Think of talking into the speaker at Jack-in-the-Box.

Although JB does a competitive job of dishing out fast food at "lowest bidder" price points, the facilities are rat infested, lines are prohibitively long during lunch, you can't understand the workers, and your order is almost always screwed up.

...on second thought, you two may have a point.


CurtesyFlush
Bababooey, fafafooey, tatatoothy.
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join:2002-08-23
Fontana, CA
Why can't you understand the workers?
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My dog walks on water.


No_Strings
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reply to dogma
Mr. Negative.

Instead of Jack-In-The-Box, I'm picturing Carl's Jr. running the DMV. Just think of the "New DMV" promos.

[att=1]

»www.youtube.com/watch?v=__HZmDsYK7Q


nirvansk815
Premium
join:2001-06-18
Rancho Cucamonga, CA
clubs:
reply to dogma
Going to Starbucks is way worse. Am I the only one who can't stand the pseudo happiness in the line?
--
There's so much to be thankful for...How can anyone be sad?
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Forums » Tech and Talk » City Chat » Southern CaliforniaRevised Fire Update: Tunjunga Fire »
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