Even though California has only 12% of the population it has 1/3 of the welfare dollar spent! California is anti business. We have Governor Moonbeam.|||It won't be long now. California voters appear to have migrated to Fantasyland, at least when they entered the voting booth yesterday. They even elected a dead candidate. http://www.nbclosangeles.com/news/local-鈥?/a> But electing Jerry Brown, who more than anyone else, wrecked our state government by allowing unionized state employees to donate to politicians and strike -- thereby triggering the fiscal meltdown -- and who was an ineffectual mayor of Oakland, is insane. Inflicting the vile Barbara Boxer on the Senate and the nation ought to be grounds for litigation from the other 49 states. Voter initiatives were a mixed bag. Prop 19, legalizing marijuana was shot down by the voters, and a redistricting commission, supposedly intended to take gerrymandering out of the hands of politicians, passed. This covers both state and congressional districts, and could negatively impact the Democrats in the Congressional delegation. BUT two other propositions more or less sealed the economic doom of the Golden State -- which ought now to be called the Brown State. The state legislature will no longer require a 2/3 majority to pass a budget, thanks to Prop. 25. A simple majority will suffice, which could unleash a torrent of spending and taxation under the Democrats. Jerry Brown has promised to take any tax increases to the voters, but he also admitted that a previous campaign for governor was based on "lies. I remember that. Even worse, in my eyes, Prop 23, which would have suspended that state's draconian carbon emissions regulations, was voted down by a large margin, based on a campaign slogan, "Say no to Texas oil." The coming regulations will strangle the local economy. Small businesses will face huge expenses, not to mention larger scale industrial facilities, which will simply have to downsize or close. This is economiuc suicide, imposed to fight an imaginary problem. The only beneficiary will be U-Haul, which will rent trailers to productive Californians fleeing the economic wasteland being imposed by state government. California Dreaming. o_O|||In all fairness to Ahnold, this isn't a partisan issue. California is screwed by its own constitution, which limits the ability of its leadership to control its own economy. Its an example of a proposition/ballot measure system run amok. We hire politicians to lead us; California gives too much power to the idiot masses, and no Democrat nor Republican can lead the state, in part because they are restricted from changing taxes by more than a few percent. 1/3 rd of the welfare dollar spent? That's is not accurate, because to be fair you have to look at welfare dollars spent compared to taxes collected. By that measure, California receives the second least amount in federal aid compared to taxes: http://taxprof.typepad.com/taxprof_blog/鈥?/a>|||Any day now. Majority rule simply doesn't work when the entire electorate is comprised of old hippy ivory tower liberals, public union workers who would be unemployable if the city/county/state didn't pay them, and angry anchor babies.|||Not long now. Deciding that you don't want CEOs of successful companies representing your state is pretty much declaring an intent to declare bankruptcy.|||I still can't believe you dumb Californians elected Brown again after what he did to the state the first time he was governor!! You deserve everything you get now! Liberals never learn!|||better do it soon .in january republicans wont fund it.|||We're already 19 billion in the hole and still spending wildly. A bankruptcy filing would jut be a formality.|||Lucky, I had the good sense to unload my California bonds before loosing it all.|||Now that the GOP will no longer be in control, probably fairly quick.|||LMAO|||The day after Arnie leaves Brown will ask Meg for a loan...|||Poor Republican leadership you mean.|||Seems like CA was doing fine until they elected a Republican for Governor the past few years .

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