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Thursday, January 15. 2009

States with suicidal tendencies

Insty linked this quote via an interesting (Greenwich) CT blog we hadn't known about, For What It's Worth:



CALIFORNIA NIGHTMARES. “There’s already plenty of documentation about the collapse of California and how its citizens legislated it from a land of opportunity to a hell hole that punishes anyone with ambition and a dream. In the annals of its decline, this small item will surely pass unnoticed but it’s emblematic of what happened. In fact, I think it sums up the whole sorry saga quite neatly.”



There's a good summary via his link. The author of that blog says he is an ex-lawyer who is much happier in the real estate biz. Also through his site, this news article about some suckers in Fairfield, CT.

Posted by The Barrister in Politics at 09:00 | Comments (6) | Trackbacks (0)

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I came across the letter from Gordon Clark last night. This morning I ran into someone and we started talking politics. I was informed that California is one of two states in the union that does not have the requirement of a balanced budget incorporated into its constitution. As a jumping off point, that would go a long way toward explaining the fiscal insanity. The rest of any explanation is a very long list.
#1 Hope on 2009-01-15 10:33 (Reply)
omg. I'm going back to bed. I read that title as "States with suicidal testicles".

sheeesh.
`
#2 Meta on 2009-01-15 11:05 (Reply)
Read somewhere that Californias' budget is up 40% in five years. If that is true, it is no wonder they are going broke.

Re: suicidal states...
Heard NY put a one year moratorium on drilling for natural gas in the Marcellus Shale while PA and the Ohio are going full speed ahead. Way to go NY! Run those drillers out of state. Oil and gas is killing us! We need alternative energy! NY politicians should force Syracuse and Buffalo to install giant fans and solar panels. /sarc.
#3 Patina on 2009-01-15 11:15 (Reply)
No list of states with suicidal tendencies would be complete without including Maine. Once regarded as a state of rugged individuals, Maine is now more well-known as a place of generous welfare disbursements, distribution of benefits of all sorts, including drivers licenses, to people who have entered the country illegally, a burgeoning Muslim population, condoms for children, the next battleground for homosexual marriage, high taxes and low income, the most liberal Republicans in the Senate, hostility toward homeschoolers, with the oldest population and where the largest single employer is the government at either the state, local or federal level.

About the only rugged thing left in Maine is the coastline.
#4 The Distributist (Link) on 2009-01-15 11:45 (Reply)
I came across that website recently as well. Interesting coverage of the Madoff/Fund of Funds connection to the principals of a Greenwich firm. A fellow named Walter Noel and Fairfield Greenwich LLC. Quite a story.
#5 Tom C on 2009-01-15 11:52 (Reply)
Walter's life is screwed. I see 10 years of litigation and misery. Big mistake.
#6 Bird Dog on 2009-01-15 20:30 (Reply)

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