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07-22-2013, 04:08 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,234
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Quote:
Originally Posted by whell
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Deep and wide but we do like our infrastructure in these parts. Sure hope you guys in Michigan follow suit. Those guys in Lansing sure seem to be intent on frittering away opportunities these days.
"Gov. Jerry Brown’s $27.8 billion “wall of debt” was only part of the state’s official debt that the report put at $132.6 billion.
Much of the state’s debt comes from general obligation bonds — funds for public works — totaling $73.1 billion, unemployment insurance loans totaling $10.9 billion, and lease-revenue bonds totaling $11.3 billion."
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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07-23-2013, 07:51 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Right, but you still have to have money coming in to be able to pay back all of that debt. Much of a state's income comes from personal and property tax revenues. California's population isn't growing like it used to.
What opportunities has Michigan "frittered away"?
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07-23-2013, 08:30 AM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,916
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Quote:
Originally Posted by whell
Right, but you still have to have money coming in to be able to pay back all of that debt. Much of a state's income comes from personal and property tax revenues. California's population isn't growing like it used to.
What opportunities has Michigan "frittered away"?
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Building cars at a quality and cost level that Americans wanted to buy?
__________________
As long as the roots are not severed, all will be well in the garden.
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07-23-2013, 09:34 AM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,234
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Quote:
Originally Posted by whell
Right, but you still have to have money coming in to be able to pay back all of that debt. Much of a state's income comes from personal and property tax revenues. California's population isn't growing like it used to.
What opportunities has Michigan "frittered away"?
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Real estate values and the associated revenues from the increasing sales has leaped back to pre recession levels here in California. The amount of new construction and the old standbys of repair/ remodels locally is another healthy sign. The folks I've talked to in both the suppy end and the tradesmen and women are optimistic again.
It appears to me from a couple thousand miles away that politics in Lansing have started to mirror the lunacy of the do nothing/know nothing congress in Washington. There's a cancer in the body politic, no one from the right side of the aisle seems to give a crap about the working stiffs who generated the overwhelming majority of tax revenues. We can't grow and prosper on minimum wage jobs.
Just my two cents.
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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07-23-2013, 11:20 AM
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Senior Member
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Join Date: Mar 2013
Location: Sierras
Posts: 14,212
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Quote:
Originally Posted by bobabode
Real estate values and the associated revenues from the increasing sales has leaped back to pre recession levels here in California. The amount of new construction and the old standbys of repair/ remodels locally is another healthy sign. The folks I've talked to in both the suppy end and the tradesmen and women are optimistic again.
Just my two cents.
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California poised to regain No. 8 ranking in global economy
http://blogs.sacbee.com/capitolalert...l-economy.html
California has a huge diversified economy compared to most states. Controlling the spending by the state house has been the problem racking up deficits like Detroit. But CA has the revenue stream that most nations do not.
Rounding off to five cents since we can afford it.
__________________
White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
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07-24-2013, 01:12 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,234
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Quote:
Originally Posted by BeamOn
California poised to regain No. 8 ranking in global economy
http://blogs.sacbee.com/capitolalert...l-economy.html
California has a huge diversified economy compared to most states. Controlling the spending by the state house has been the problem racking up deficits like Detroit. But CA has the revenue stream that most nations do not.
Rounding off to five cents since we can afford it.
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Leaving a penny for the next guy? I do that too.
I've been springing for coffee for any boys in blue that I find at 7/11 for years. It's the least I can do to show my appreciation for them doing a good job. It's even more fun when my hair is getting a little long...damn smartassed hippie.
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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07-25-2013, 08:48 PM
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Senior Member
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Join Date: Dec 2010
Location: Willamette Valley
Posts: 3,027
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Quote:
Originally Posted by bobabode
Real estate values and the associated revenues from the increasing sales has leaped back to pre recession levels here in California. The amount of new construction and the old standbys of repair/ remodels locally is another healthy sign. The folks I've talked to in both the suppy end and the tradesmen and women are optimistic again.
It appears to me from a couple thousand miles away that politics in Lansing have started to mirror the lunacy of the do nothing/know nothing congress in Washington. There's a cancer in the body politic, no one from the right side of the aisle seems to give a crap about the working stiffs who generated the overwhelming majority of tax revenues. We can't grow and prosper on minimum wage jobs.
Just my two cents.
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The other thing is people WANT to live in Cali...not many WANT to live in MI at all let alone Detroit.
__________________
"if men got pregnant, there would be a constitutional right to abortion on demand."
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07-25-2013, 09:09 PM
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Senior Member
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Join Date: May 2009
Posts: 10,348
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Quote:
Originally Posted by Rex E.
The other thing is people WANT to live in Cali...not many WANT to live in MI at all let alone Detroit.
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Glad you like it, but I ain't lost nuttin' there.
Chas
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07-23-2013, 11:07 AM
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Senior Member
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Join Date: Mar 2013
Location: Sierras
Posts: 14,212
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Quote:
Originally Posted by whell
What opportunities has Michigan "frittered away"?
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"South Carolina (BMW), Mississippi ( Nissan ), Tennessee (Nissan), Alabama (Mercedes, Honda and Hyundai), Texas ( Toyota ), and Kentucky (Toyota). The foreigners do have a few plants in the North, too: Honda in Ohio and Indiana, and Toyota and Subaru-Toyota in Indiana."
The reasons could be considered inevitable but are well known. I still do not quite understand why GM closed Saturn.
__________________
White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
Last edited by Rajoo; 07-23-2013 at 11:22 AM.
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07-24-2013, 01:26 PM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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The last cop I talked to had 'sleeves', the full arm tattoos.
Pete
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“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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