Archive for category economy
Poor California
Posted by admin in Arnold Schwarzenegger, California, California State Assembly, Californiam budget crisis, economics, economy, money, mortgage, mortgage meltdown, political blog, politician, politics, real estate on July 17, 2009
I’ve lived in California all of my life. I don’t know what it’s like to live anywhere else. In fact, my entire life has been spent in the greater Bay Area (that’s San Francisco to most of America), though I would never consider myself a San Franciscan. No, the majority of my life has passed in the East Bay, which is, um, EAST of San Francisco. I even chose to go to college in Northern California, at UC Davis. Note that I didn’t attend UC Berkeley or any college in SF.
So you could say that I’m a native Californian by birth and by choice. I like California. Oh, the past ten years or so, I’ve entertained — even considered — the thought of moving out of state. But not because of politics. Or bad weather. Or the fact that the idiots who run our state are inept, ineffective, and greedy.
No.
Because it’s just too damned expensive to live here. The mortgage meltdown has taken care of that for some people (but I bought my house in 2004, so I’m pretty much underwater right now). But sales taxes are high, as are income taxes, energy costs, entertainment (try taking the family to a professional sports game like football or hockey), etc.
You just get less bang for your buck here.
Why do people come here? And why do they stay? Before the last couple of years, it was for the very reasons listed above: Real estate appreciation, high income and low unemployment, a wide variety of entertainment (7 professional teams within 60 miles — A’s, Giants, 49ers, Raiders, Sharks, Warriors, and Kings PLUS race tracks, waterparks, bike trails, hiking trails, skiing within a few hours, the beach…the list goes on), and, but for a few days of the year, mild weather (we’ve had a recent — but not uncommon this time of year — heatwave with temps over 100 many days the past few weeks).
I was listening to the radio the other morning, and the host — a fill-in for the regular hosts — was pining about how he hated California, how it should just be split off from the country, and how the state was a drag on the rest of the nation.
A caller suggested that he move. I wholeheartedly agree. Move out, dillhole. If you don’t like it, either change it or leave. The politics and government we have is what we have. Run for office. Or run out of town.
But I digress. The point I want to make is that for years — decades even – California was definitely NOT a drag on the rest of the nation. It lead the nation.
In many cases, still, it leads the nation.
We’re suffering right now.
- Our politicians can’t seem to find the courage to make tough choices
- Our economy is in the tank (but so too is the rest of the nation)
- The job picture is ugly
- The housing market is in a funk
- We have very high taxes, on both goods and services (sales taxes and income taxes)
- People are leaving the state
- Businesses are leaving, too
But you know what? We’ve been here before. We’ll make it out. Silicon Valley may take the lead. Those VCs and entrepreneurs really make shit happen. IF the national economy rebounds, you can bet California will be at the forefront. Mark my words.
Things may be bad now, but they’ll get better. But, by all means, if you disagree, feel free to leave. I’ll harbor no ill will toward you. You gotta do what you gotta do.
But don’t shit on my state just because it’s hurting right now.
By the way, if you’re a local or state politician, please
GET OFF YOUR ASS AND DO YOUR JOB!
For if you don’t, I’ll be forced to run against you, and even though you have a lot more money backing you up, I will expose you for what you are: A fraud, a parasite, and a liar. Plus, you’re stupid, petty, and selfish.
Then I’ll take my ball and go home.
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What’s the Deal with Iran?
Posted by billspaced in Afghanistan, California, Californiam budget crisis, Iran, Iraq, biological warfare, budget crisis, economy, unemployment on June 24, 2009
I admit I haven’t been paying attention to Iran. We have so many problems here: California is in deep doodoo, I’m losing my job, the economy sucks (but it’s getting better!), and Jon and Kate split up (or so I assume).
(That last one really has me worried!)
But I hear that Iran had an election and the results are in dispute. What a shocker! A corrupt government ruled by a “Supreme Leader” or some shit like that (I’ll take a chalupa with my Burrito Supreme) — did anybody think things would turn out any different?
Now, the oridinary citizens of Iran have taken to the streets and started some crap they cannot finish — without help.
And guess who is being held up as the knights in shining armor? Yeah, the US.
Um, no.
Obama is getting praise from the left for his stance on Iran (stand pat); he’s getting lambasted for being sympathetic to Middle Eastern concerns from the right.
Apparently, now the Iranian government is beating the protestors and getting them to admit to acting on behalf of outside interests like our very own CIA!
(Didn’t we do the same to those suspected terrorists at Gitmo? Memories…)
Anyway, the real reason I haven’t been paying attention to Iran is because I really don’t care. I do feel sorry for folks who want a better life. I really do. But why in the world would I think it’s appropriate to meddle in another country’s affairs?
I know, the US has been doing this for decades. Why stop now? Well, for one, the economy. For two, we’re already in Afghanistan and Iraq. For three, the economy. Did I mention the economy?
If we cannot take care of ourselves, how can we take care of others?
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Bush to Address Nation Over Financial Turmoil
Posted by billspaced in Bush, President Bush, economy on October 10, 2008
World Markets in Freefall – FOXBusiness.com
The freefalling markets have put enormous pressure on world leaders, many of whom are due to huddle in Washington on Friday to come to a global solution to the ailing financial systems.
President Bush is scheduled to address the nation on the ongoing crisis at 10:25 a.m. EDT.
Don’t you just love the timing of this? Is this so he can catch the beginning of Matlock?
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Wells Fargo Buys Wachovia
Posted by billspaced in economy on October 3, 2008
Oh, didn’t see that one coming! I thought I read that Citibank was buying part of Wachovia. Now, it looks like Wells bought them lock, stock, and barrel for $15 billion. Too bad WaMu’s leadership couldn’t have been better at basic negotiations! They need to never have jobs again, and with their excessive pay packages, they won’t need to!
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As US Dollar sinks, Saudis seek to re-evaluate oil ties
Posted by billspaced in Saudi Arabia, US Dollar, economy, oil, oil dependence on November 21, 2007
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