UnThreaded | Threaded | Whole Thread (29) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: 2828 Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 756513  
Subject: Crazifornia Date: 11/18/2012 8:48 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 9
http://canadafreepress.com/index.php/article/51152?utm_sourc...

There’s a very entertaining, but terrifying book by Laer Pearce, “Crazifornia: Tales from the Tarnished State—How California is destroying itself and Why It Matters to America.” I recommend everyone read it because it lays out the template for why California will go belly up and why the nation is at the precipice of doing the same thing.

For some thirty years the author has been helping corporations and local government agencies cope with California’s regulatory jungle. As he puts it, “Crazifornia reveals a state that has become so misdirected, ungovernable and untenable that the primary driver of change has become the catastrophe.” Following the recent elections a recent Wall Street Journal editorial opined, “So now Californians will experience the joys of one-party, union-run progressive governance.”

Though it may defy belief, Californians voted to let the state tax them more to 13.3% and they gave Democrats a supermajority in both houses while killing a ballot initiative that would have barred unions from automatically withholding money from worker paychecks for political spending. The public service and other unions own California. Add that to a history of progressive politics and you have a recipe for the total disaster that confronts the state and the nation these days.
---------------------------------------------------------
Interesting article, more at the link.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (29) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Dividend Growth Investing

Good Time for Dividend Champions?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement