posted
This is what happens when someone with no or little political experience is elected to office or is elected due to being a Hollywood or celebrity star. It's what could of happened nationwide more so if Palin was elected and Mac died in office. Keep in mind this article was written by a Right wing Newspaper:
GOVERNATOR FALLING SCHWARZENEGGER'S ROAD TO RUIN
THE Governator: What a sad artifact of a bygone era that moniker is.
Arnold Schwarzenegger circa the 2003 "total recall" election was going to sweep all before him as California governor, bringing the same elan and toughness he had on the big screen to fighting special interests and restoring his beloved state to competitiveness.
That was before Gov. Arnold got a severe beat-down in a November 2005 special election from the unions and Democrats (aka "girly men") he had taunted during his ascendancy. Schwarzenegger pushed four far-reaching, reformist ballot initiatives that all went down under a blizzard of spending and propaganda by California's entrenched interests.
His new role is as a supporting actor in the Golden State's fiscal destruction. If the future happens in California, we all should tremble at its ever-expanding debt, falling credit ratings, crushing pension obligations, suffocating regulation and rising taxes - with environmentally preening, ill-considered restrictions on carbon emissions thrown on top. California Democrats are only slightly ahead of national Democrats, so the country's fiscal future may be in preview in Sacramento.
Schwarzenegger presided over the creation of a budget deficit worse than the one that led to his ousting of Democratic Gov. Gray Davis in 2003. The state has a $42 billion deficit that state legislators have been holding all-night sessions to try to patch over and that sent Schwarzenegger begging to Washington for a bailout. The state has been buffeted by the housing crisis, but the ultimate cause of the mess is relentless, heedless overspending.
California has roughly doubled its budget in the past 10 years. Over five years, Gray Davis boosted spending from $75 billion to more than $100 billion, and his "fiscally conservative" vanquisher got it north of $140 billion. Davis managed to keep spending even during the devastating dot-com bust, and Schwarzenegger's election brought only the briefest respite on the inexorable upward climb.
The politicians aren't entirely to blame, although at every sign of the unsustainability of the state's fiscal practices their reaction has been to resort to more gimmicks and borrowing. California's voters have used the initiative process to make responsible budgeting as hard as possible. They passed a proposition in the late 1980s that basically locked up half of state spending for the schools, no matter what. Even in November, with fiscal disaster looming, they passed another $10 billion in bonds for high-speed rail.
The new budget deal will cut about $15 billion in spending and raise roughly the same in taxes, including the car tax over which Schwarzenegger pounded Davis in 2003. The deal has its worthy provisions, but fundamentally it is more of the same. California will remain overtaxed, overregulated and overburdened by a public sector that is the state's sole boom industry.
Schwarzenegger spoke movingly during his first campaign for governor of what California meant to him - of its dynamism that fostered entrepreneurial dreams. That California is disappearing.
Schwarzenegger now governs the Michigan of the West. California has the fourth-highest state unemployment rate in the nation and is routinely ranked among the worst states in its business environment. Almost 1.5 million more nonimmigrants have left the state than moved to it during the past 10 years.
Once, Schwarzenegger was supposed to be a model for a more appealing, more moderate Republican Party - socially liberal, yet fiscally conservative. All he has demonstrated is, to paraphrase Barry Goldwater, that moderation on the road to fiscal ruin is no virtue. The GOP's social liberals are overwhelmingly fiscal liberals, too - witness the party's social liberals in the Senate signing off on the stimulus bill, liberalism's proudest fiscal accomplishment since the 1970s.
As for the Governator, he said hasta la vista long ago.
posted
Maybe he really is a Terminator, sent to destroy California's economy, "from the top down"...lol
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
I always thought he was a girlyman before he was a gov.
-------------------- Wise men learn more from fools than fools from the wise. Posts: 3827 | From: beautiful California | Registered: Sep 2008
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posted
Whatever Blackniger is, this mess is beyond his ability.
That's not all that bad, though. This mess is probably beyond the ability of anyone holding only a governors authority.
I hope Obama is more talented than the president he seems to admire the most, because he's going to need to be a second coming of FDR, with a smack of Teddy in there and the determination of Truman too.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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posted
Obama is a HUGE celebrity. People fainted at his rallies like goats.
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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