Friday, May 15, 2009
California has become "What Not To Be"
I have to agree.
Governments just have to stop spending.
If they can't, then they have to link spending to revenue, so that spending doesn't go on when revenues decline.
On a second front, I think here again, we see the cleverness of "mislabeling", in that the name on an item is actually opposite of what the item represents.
The federal government has recently mastered this trick also...
Governments just have to stop spending.
If they can't, then they have to link spending to revenue, so that spending doesn't go on when revenues decline.
On a second front, I think here again, we see the cleverness of "mislabeling", in that the name on an item is actually opposite of what the item represents.
The federal government has recently mastered this trick also...
At FrontPageMagazine.com, Michael Reagan thinks and warns us:
"...liberals in Congress, like Pelosi, are already getting a loud-and-clear message. If the people of California can be deceived into buying this obscene perversion of language, designed to fool trusting people into voting for a massive tax hike…you can, too!
No matter where you may live, you owe it to yourself to get the facts on Proposition 1A because it may be coming, very soon, to a 'theater' near you.
Proposition 1A is being sold to the people as a 'spending cap' and, by implication, a tool to cut government waste. But walking hand-in-hand with this so-called spending cap is a massive $16 billion dollar tax increase.
Now you may be saying that if the spending cap results in a savings of more than $16 billion, then perhaps that is not so bad. So, what are the hard numbers on the spending cap? Amazingly, we don’t really know."