"California deficit, BAD." "Federal deficit, NO WORRIES."

[FlashHarry]

I love hearing Republicans slam Davis for the deficit in California, when their own president is running a $500bn deficit federally! How the hell do they reconcile that one? And don't give me the 'California's state constitution requires a balanced budget, but the federal constitution does not' excuse. That would be the same as saying, 'murder is wrong because it's against the law,' rather than saying that 'murder is against the law because it is wrong.'

Their hypocrisy knows no bounds!

[Capn Sunshine]

1. It's all about power Harry

they don't care they just grab

[wtmusic]

9. They're grabbing

and they're about to get their little grubby hands slapped!

[SCantiGOP]

2. good point

the reason you're hearing this everywhere is the right wing tilt of the media. They love the circus in California and will do anything to stir it up, but they are afraid to say anything that might be construed as critical of the moron in the white house.

[wtmusic]

3. Totally hypocritical

Both are bad. That's why the recall is good...

Go Cruz!

[tom_paine]

4. Of course their hypocrisy knows no bounds...but there is something deeper

at work here

http://www.cursor.org/stories/fascismi.php

[Hanuman]

5. The "excuse" I've been hearing is:

That the national deficit as a ratio of the GDP is only about 4%.

The question I have is what's the state deficit as a ratio of the state's GDP? How do they compare?

[Bandit]

6. About exactly the same if and only if the deficit is $38 Billion as they s

$980 Billion GDP if Deficit is in fact $38 Billion and I have heard it is way less then it is exactly 4% just like the Federal Deficit
http://www-formal.stanford.edu/jmc/progress/arithmetic.html

[wtmusic]

7. $38 billion is high

Paul Krugman estimates $8 billion deficit, however, $20 billion in bonds have been floated to keep the state running. Bond rating is in the toilet.

[Capn Sunshine]

10. and voting YES on the recall will keep it that way

How many more need to understand this?
"Changing governors at the drop of a hat does not portend stability"
S&P Bond rating analyst.

This, explaining why he is lowering the States Bond rating.

The lower RATING COSTS US OVER A BILLION PER ISSUE IN HIGHER INTEREST.
THREE BILLION PER YEAR EXTRA.Minimum.
Just so you can vent .
Think about it.
Vote NO on the recall.

[wtmusic]

14. Drop of a hat?

Where have you been for the last three years?

BTW--provide a link. Are you saying that the bond rating is being lowered because we might be changing governors, or it might have something to do with that power crisis Davis sat on?

"Moody's changes its outlook on California's Aa2 general obligation bond rating to negative from stable, reflecting their view that the ongoing electricity crisis had increased the risks to the State's otherwise strong fiscal and economic condition."

"Fitch placed California's general obligation and lease obligation bonds on Rating Watch Negative. Fitch cited potential delays in the issuance of power revenue bonds, the proceeds of which will reimburse the State's general fund for power purchases made by the State. In addition, Fitch noted that tax collections for February and March were below projections, which could reduce the projected general fund cash surplus."

From July 2003? No, from April 2001.

Nice try.

[Hanuman]

8. Thanks for the info!

That question has been nagging me for a while!

[ComerPerro]

11. How can I put this delicately?

They are stupid motherfucking assholes who only "think" what they are told. They are incapable of critical thinking, which is why they are conservative. Face it, its just easier to let the Hannitys of the world to define your stance on the issues rather than decide for yourself.

You ask one of these morons why they think Davis should be recalled, they reference the poor economy, unemployment, and deficits. But then you point out that Bush has all of these problems. To say that Davis is responsible for these means that you must recognize that Bush is responsible for the very same problems. They look at you blankly and say "the president does not control the economy." Then they spout out lies about it being Clintons fault.

The problems is, these people are hypocritical morons who would rather watch conservative commentators and participate in mental masturbation than think about the issues and try to bring about change.

Why solve problems when its so much easer and much more fun to hate?

[Bandit]

12. If federal economy is Clinton's fault then California's is Wilson's fault

They don't do logic though.

[ComerPerro]

13. exactly

Their hypocracy knows no bounds.

[wtmusic]

15. Hi, I'm a stupid motherfucking asshole hypocritical moron

who thinks Davis should be recalled.

Nice to meet you. See above.

[Bandit]

17. Are you even old enough to vote?

Your posts cause confusion in that area.

[wtmusic]

21. Well 45 might be too old to vote

but how are they confusing?

[ComerPerro]

18. Pleased to meet you

I think it should be noted that if you think both Bush and Davis should be recalled, then you do not qualify under my "stupid..." category. Then you are being consistant with your beliefs.

I am just tired of Bush being protected simply because he can run up all the deficits he wants.

[wtmusic]

20. I'd recall * in the blink of an eye

and the only reason I support it in CA are extreme circumstances which will benefit Democrats.

[Hanuman]

19. Your thinking is not fully 3-dimensional on the recall

Some, mostly conservatives who do not work their brains too hard, will undoubtedly reference those aspects you mentioned and call it a day.

But for some of us, who are progressive in many ways, yet not committed to the Democratic party per se, we find many things about Davis that are, shall we say, lacking.

- The mis-management of the bogus energy crisis
- The obvious quid-pro-quo with his special interest financers
- The tripling of the car-fees
- The workman's comp crisis
- The alleged flight of business (I say alleged because I have not yet seen hard numbers on this, although Ueberroth reported 300,00 jobs lost to business leaving the state).
- The signing of AB 60.

etc. etc. etc...

It is not fair to simply say "You're an idiot for supporting the recall." What is more fair is that you choose to support an effort that gives aid and comfort to the enemy, the Republican party. But I don't see the Republican party as MY enemy, though some individuals within the party are certainly my enemy.

I don't fault you for thinking 2-dimensionally on this issue. That's the kind of thinking that wins. Just don't expect everyone to fall into lock-step on every issue. Politics is personal and we're all working out the issues for ourselves.

[Grins]

16. It just bugs me...

It bugs me that Davis, and any democrat from a state running deficits, don't throw their policy back in their faces.

Charge: "California has a huge deficit!"

Reply: "Nonsense! That's just Rubinomics! Deficits don't matter! The former chairman of President Bush's Council of Economic Advisors (Glenn Hubbard) said so."

And then, be what they are not, polite. Deficts do matter, and help them to recall that 97 House Republicans have, this year, co-sponsored - A Balanced Budget Amendment!!! And, the amendment will take effect right on time - on December 31, 2008.

Waitaminute? December of 2008? Why that date? Huh? That's so far out that....uh,...oh...nevermind.

[sable302]

22. Henry, it's simple

The feds print the money, not California.

When the feds are in the hole, they can always 'make' more money, thereby 'taxing' people by devaluating the money that is already in circulation. (i.e. inflation)

If they wanted to, the fed deficit could, through inflation, be 1% of gnp in a short amount of time. (currently it's like 4-5%)

States, on the other hand, are subject to the federal policies, and must balance their budgets or face bankruptcy.

[are_we_united_yet]

23. True.

The whole Lott( I crack me up) of them are Hypocrits.

One justification the Repugs might usem is that states are legally obligated to balance their budgets unlike the Federal govt who can run a deficit.

Does anyone know if that statement is true?