Proposition 1A

Proposition 1A

Sometime in the last few years California went bankrupt but never formally declared it. The masked Sacramento Kid, Gov. Schwarzenegger wants to raise (oh. sorry, extend- that’s how you sneak it in like a serpent without a 2/3 vote) taxes for two more years plus hijack the strongbox on the state lottery so when the state actually declares bankruptcy, a new governor will be in place and it will be their fault, not his. Actually it’s not taxes, it’s not revenues- it’s resources we’re voting on. In other words they are going to be selling the countertops and doors from the state capitol to raise money. Many people went bankrupt this last year and now the governor wants them to pay more in taxes. The state’s situation is akin to a car trying to get out of a parking place without Prop. 1A and rams into the car in front. Then with Prop. 1A the car is shifted into reverse and rams the car behind it. Proposition 1A is simply a shell game but not quite as big of a Ponzi scheme as Madoff’s. I tried to read the actual proposition and gave up- it’s impossible. Is BSF short for B.S. Fund? The only thing I understand about the “Deficit Recovery Bond Retirement Sinking Fund Subaccount” is the word “sinking”. What really got my dander up are the dishonest TV ads for Prop. 1A. We are supposed to feel sorry for little Johnny whose education will suffer without 1A. Listen mister, half of the little Johnny’s are great kids and doing well in school right now and the other half are punks because their parents don’t care (except when the kid gets called for being a punk and the parents can steam into school complaining). I still pay my taxes supporting the kids in school now, but I’ve had it with my kids. I sent two wonderful sons to the University of California and they sucked me dry. If I had a net income of $3.59 I get no financial assistance (except for loans- that’s assistance? I call it encumbrance). If I had made $o, the state would have paid much of the cost. I wish I hadn’t worked those two extra hours and went home to relax instead. Then there’s the fireman, in the station, who’s not smart enough to wash his face before going on TV. Wonderful use of $10 million. Anyway Proposition 1A won’t qualify based on the Truth In Naming Law we passed. It would have to be labeled “Budget Bailout Bigger Than General Motors, Promising Everything With No Certainty Except For Increased Taxes”. The summary of the proposition claims to raise $16 billion more revenue but doesn’t mention taxes. Let me check what’s in my wallet... sorry, don’t have it.

©2009 Eric Stamets