Quote:
Originally Posted by Guest
Our dear Democrat governor Brown threatened the uninformed liberal masses in California with cuts to police, fire, and schools if they failed to raise taxes on "the wealthy". So the many have voted to take from the few once again. Do you recall this?
Are you saying the Democrat gov Brown was lying and the tax increases were not necessary as sufficient tax revenue existed?
If a single entity purchases $1 TRILLION in bonds, what effect do you think that has on price/yield in the bond market?
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It must be discouraging if you are one of the minority right wing who listens to some of the drivel that comes out of places such as Kern County. The 30 million good people of California believe that if want government services, one must pay for them. I am sending in a tax check next week to help pay for them. I wonder how many bonds Gov Walker of Wisconsin will float due to a lack of tax receipts to pay for his deficit? Also, I believe the good people of California are very well informed as some highest rated schools in this country are located there. It is unfortunate that Mr Brown will not be our CEO of California as a result of term limits. In any other public business, he probably would have a received a $50 million bonus from the Board and continue to lead the largest state in the Union.