Sunday, May 24, 2009

We WIN!!

Wednesday, May 20, 2009

WE WIN (a small victory)!

US 6 THEM 0

Congratulations to California Voters.

By substantial margins we dealt our increasingly irrelevant Governator, our stunningly inept and metaphysically corrupt state legislature and the California Teachers Association a series of small defeats on the ACCOUNTING GIMMICK AND TAX HIKE INITIATIVES.

To me, this vote appears to be a rejection of tax and spend policies by the responsible voters in this state. My argument: first: the turnout was pitifully low suggesting that all of our new, star-struck Obama voters aren’t easily lured back to the polls for such mundane matters as the fiscal health of their state.

Second, this is the largest outpouring of popular opinion since the November 2008 election. And it follows the April Tea Party protests. The message is becoming consistent: we are losing patience with politicians who only know how to hike taxes and spend ad nauseum.

Third, California really is a in a drugged and drunken mess and President Obama is not in a good position to help it through the necessary detox prociess. California Democrats are a large part of his governing coalition so I suspect all he will be able to do is shovel more of our money into the bottomless pit of California’s political system. Lets see how that works.

My prediction: California will effectively go bankrupt (though perhaps not de jure). Municipal and state debt rates will go up, the federal government will backstop humanitarian programs and very possibly all state and local debt. In short, everyone in the country, but especially our children, will pay for our legislature’s past profligacy for a long, long time. My sense of this election: its a preview of what happens when government is unable to control its spending or limit the power of public employee unions — the inevitable reaction when voters have finally had enough.

Still, its only a small victory. We have a lot of work left to do.
Posted by ChronicleSmith at 8:04 AM