California is going to get ugly real fast… Part II

As many people already know, California has been experiencing severe financial problems for several years, and they continue to escalate. In the past year, California has struggled to find ways to solve the $20 billion deficit.

Now there is more grim news on the horizon. Seven days after the election in which the same ignorant voters in this State decided to re-elect the same morons responsible for destroying the economy of California and choosing not to vote for the propositions which may have helped prevent further damage financially, the California Legislative Analyst Office (LAO), announced that there will most likely be another $19 billion gap between revenues and spending in the State in the coming fiscal year.

Based on their non-partisan analysis, the LAO indicates that $6 billion will result in a shortfall in the $86 billion general fund spending plan that was signed by Governor Schwarzenegger on October 8^th. So what was already a $20 billion budget deficit has actually grown to the tune of $25.4 billion. In addition, $400 million in Medi-Cal savings is more than likely not going to happen because the California Legislature took too long to implement the plan and the savings ended up being too high than what was projected.

I’m sure incoming/returning Governor Jerry Brown is going to love to have to deal with this crisis when he takes the helm in January.

Mac Taylor, a legislative analyst with the LAO, says that California will most likely have to face budgets problems of $20 billion each year from now, all the way through fiscal year, 2015-16.

Incredibly, the LAO report believes that California “will not go bankrupt, and that debt payments will not go into default and the State government is not on the verge of collapse.”

Where have these clowns been in the course of the last several years? Do they (the Legislature and the LAO) not fully comprehend the seriousness of this matter? Do they not realize that there needs to be emergency cuts to severe problems in California like government worker programs, union and pension fund plans and the cost of illegal immigration, which are all major factors to California’s financial woes?

The officials in the California State Legislature have been beyond reckless with policies on spending, completely lazy when it comes to focusing on solutions, and it has gone far beyond the point to where the entire State has been unable to remain as a place to carry out its business, as they continue to leave in droves, and now, the State is having to borrow $40 million a day in payments, just to cover its 12.4% unemployment.

But this joke of a LAO report sincerely believes that everything is going to be fine, we’re not going to become bankrupt, despite the fact that the deficit has grown to $6 billion because the solutions to try and close those gaps will simply not pan out.

The truth of the matter is that Governor Schwarzenegger and the Democratic Controlled State Legislature has had ample opportunities over the last several years to enact measures and address the State’s problems to help cut spending, and save tax payer money. They all vowed not to do so, and continued to support the programs that have since destroyed the State, and then they all stand around and wonder why the State is suffering horribly. It is hypocritical, and it is disgusting.

Once Governor Brown takes over in January and the new Assembly resumes, it will probably be the same business as usual. Ignore all the real problems and threats to California and come to the tax payers to bail out the problems that will be forthcoming. One of the problems in this State are the ignorant hypocritical voters that always whine and complain about how serious the situation really is here in California, but yet they continue to vote for the same idiots that have committed themselves to destroy it. Incredible and insane!

California should be added to the Guinness Book of World Records for having the largest population of hypocrites!