California economic collapse coming soon to your area

[cliffordincalifornia]

keep it up love your video , will look for you , and again thank you for getting this real stuff out there for us sheep !!

[clarkewi]

There are too many illegals in California and too many bureaucrats. Take all of them and load them into Chinese ships like stickwood and send them to China. That is where all the money is going.

[oddfellowsbooks]

This time, the california depression will last years upon years as the government was too late to the game in cutting spending and then raised taxes instead of sacrificing and being austere. The sales tax hike and income tax hike if left in place will drain most of the stored wealth and savings of the middle class... monetary inflation being created right now by Ben Bernanke and friends will skim the rest of our capital and productive capacity! We will soon become a third world nation!

[vawt1953]

your statement is dead on, CA government going about this the wrong way again. Lots of business and people leaving CA because of the things that they are doing. We have the highest taxes in the state plus the highest fees in the state, which are getting higher as I write this blog.

[oddfellowsbooks]

I saw this coming a long time ago... Funny thing, I moved to Simi Valley in 2005 from Northern Virginia. The economy was staring to turn towards recession in VA about the summer of 2005... It took CALIFORNIA about one year later to turn. Fortunately, housing in VA didn't run up as far and fast as California but it did take 11 months to find a buyer for our house. At the time of our move, real estate agents, Mortgage brokers and family and friends told us to buy, buy, buy... GLAD WE DIDN'T!

[redline601]

California is fucked

we re much better off here in the UK

[vawt1953]

Everyone should read the Grandfather Economic report. Shows where to much government can lead to collapse.

[vawt1953]

Air resources board just made california the new cap and trade leader of the world.

63 million in fees on energy per year.

[vesnasvati]

Hey, you guys got yanked by Enron That was a pretty good indicator of what was to come and likewise for the rest of the country. See Public Exposure - Enron Loophole on youtube. It's just one of the things bearing on where we are going. Nobody knew or would believe and many still don't believe our own government isn't for US anymore.

[MrSyntha6]

what next home depot and wal mart

[dave777blaster]

CA is bankrupt America is Bankrupt

what on earth would make anyone think

they would honor the IOU's

they may start by robbing peter to pay Paul at first but the IUO scheme will fall apart

When you vote for a bad actor what can you expect

[buzzz121]

Good point,The question is are you Peter or Paul?

[Williedsel]

I see where you question the legislatures ability to budget. Here's a sample. $165 per day (365 a year) for per diem to live away from home. A new car of their choosing plus expenses every two years. Vacation? We won't go there. Increasing their salaries because of the work overload for them cause by layoffs of the state employees. Health insurance and benefits? Retirement unequalled to the best of us. Need I go on. The golden state is only in the state cap.

[veritasfiles]

I hope you're planning on leaving that state soon. Though, when California sneezes, the rest of the U.S. catches a cold.

[meikagirl]

Great info.Thanks for your hard work.Expose these Fux's

[dave777blaster]

Wait until the people find out that the IUO's will never be honored

[vawt1953]

where did you here this or is this what you think will happen

[dave777blaster]

I am Canadian but can see that California is bankrupt which leaves one to realize

that they cannot honour the IOU's

without making things worse next year.

[patriotsundergod]

Ok, I will kill them, but who should I kill next?

[skyding8962]

Mexicans.

[fouxfyre]

Budget per position doesn't tell you much unless the wages of the positions are the only cost. In the case of recycling, for example, unless the employees are personally going to every recycling bin, chewing up the recyclables and spitting out the refined materials then you are going to need to run trucks, run the machines and transport the products all of which cost money.

[vawt1953]

you would be right if that was the case, but i would like to know where you have seen state of ca trucks or stations doing this type of business????????????????

county government and private companies do this business so where is thier costs then!!!!!!!

As I stated that some goes to landfills so they should be at least breaking even on this deal.!!!!!!!!!!!!

[ChrmdLabradorite]

So Obama gets 35-40 Czars... no reason states can't follow suit and just hire a bunch of people and pay them a lot. (sarcasm :)

Thanks for sharing what's going out your way! You're right, there's not much talk about the state problems right now, but many are struggling.

[vawt1953]

We need a total change in government, we need to vote these people out now. all of them dems and republicans. We need people that know how to run a business, but still take care of people in real need.

[patriotsundergod]

So do we need to kill some people or what? If so, then who?

[skyding8962]

Great video. Hope to see a lot more in the future.

If california state government shut down no one would notice. LOL

I looked at the link for my county. Instead of cutting off illegals they would rather fire employees and take away aid from sick elderly people. I swear california deserves to implode.