Follow by Email

Wednesday, February 01, 2012

The California Example

As I have said before, look at Liberal run States vs Conservative run States for the truth.

Hey folks,

Why is it so important to put a fiscal Conservative in the White House? One of the main reasons is simple. Debt. Look around you folks. Obama and Liberal Policies by Congress have spent more money in just over a Thousand Days than this entire Country has spent from it's founding. That would be well over 200 years for those who need a little extra help in understanding. What do we have for all that spending?

Record high Unemployment, Foreclosures, Credit fails, Bankruptcies, and higher costs for all things. Along with all this, we have record high and near uncontrollable Debt. So what is the answer? Focus on the problem. It is not a Revenue Problem. It is a Spending Problem.

Lets look at California shall we? According to Capital Alert - Controller: State to run out of cash in March without action

California will run out of cash by early March if the state does not take swift action to find $3.3 billion through payment delays and borrowing, according to a letter state Controller John Chiang sent to state lawmakers today.

The announcement is surprising since lawmakers previously believed the state had enough cash to last through the fiscal year that ends in June.

But Chiang said additional cash management solutions are needed because state tax revenues are $2.6 billion less than what Gov. Jerry Brown and state lawmakers assumed in their optimistic budget last year. Meanwhile, Chiang said, the state is spending $2.6 billion more than state leaders planned on.
OK stop right there. Read that again. "But Chiang said additional cash management solutions are needed because state tax revenues are $2.6 billion less than what Gov. Jerry Brown and state lawmakers assumed in their optimistic budget last year." What does that mean?

I own Company ABC. Last year my Company made a $40 Million Dollar Profit. About $10 Million a Quarter. Along comes a Government Lib. They say, "That's too much money for you to make. That's not fair. We have people in this State that sit home and watch Opr,,,uh,,whatever is on TV during the day now, and we the State, need to take care of them. So we are going to take every penny you make over $5 Million a Quarter. That's only fair. Look at all the good you will be doing. We need your money to fund our Social Programs and keep our Party getting Votes to stay in power."

Well? I decide, enough is enough. So I start creating ways, most Legal, some maybe not, to make sure that my Company now only shows a, say, $6 Million Dollar Profit A Quarter. Or a Yearly Profit of $24 Million. Now even with all those new Rules and Taxes you came up with, you are only going to get $4 Million from me instead of the $20 Million you THOUGHT you were going to get.

Now you go on National Television, or in the Press, and say. "We have a Shortage of $16 Million." You see, you really don't. You never had it to begin with. Yet you went out and SPENT it already. That is NOT a Revenue Problem. It is a SPENDING Problem. You spent what you never had to begin with. Meanwhile, you know what you were getting back when I and my Company were making $40? Yup. About $8 to $10 Million a year. Now you make $4 Million.

Then again, if Taxes and oppressive Regulation continue, I will have to cut Jobs. The number one cost in any Company. I will have to Lay off People. They will no longer have a Job, meaning they will no longer be able to make their Mortgage, Car Payments, inject NEW money into the Economy, and will most likely end up on the Government Dole costing YOU even more money that you do not have. If you continue to attack me and make it unaffordable to do business here? I will go elsewhere, where I can make the Profit, pay less wages, and not worry about YOU at all. Now you will not even have the $4 Million. AND, you will have even more people on the Dole.

"State tax revenues are $2.6 billion less than what Gov. Jerry Brown and state lawmakers assumed" Just because you SAY we are going to Tax this much and make this much, doesn't mean that it will happen. If you DO, then great, go spend it. But spending it BEFORE you get it is just flat out Stupidity. Would you do this in your owe Private life? You assume you are getting, well, lets say a Bonus from Work. Every year you get say $1000.00 Bucks. So the time is coming, and you assume you will get it again this year. You make all these plans in anticipation of this. Do you go out and spend it BEOFRE you get it? What if the Company can't or won't do it this year? Is it THEIR fault if you go out and spend it? Or is it yours?

As I have said before, look at Liberal run States vs Conservative run States for the truth. Look at California, New York, Illinois. Then Look at Wisconsin, Alaska, ETC. Look at the major change in New Jersey. Liberalism FAILS every time it is tried. We have tried it for the past 5 to 6 years. Time for real Hope for a REAL Change. Again, this is not Party politics, or an Anti-Obama rant. Look around you. Can we AFFORD another 4 more years of THIS?
Peter

No comments: