Resident Knuckledragger
| quote: Originally posted by WildSig: I'll see your Billion and raise you .65 billion. Supposedly MN's budget surplus has grown to $1.65 billion. http://www.startribune.com/min...5-billion/414982274/I haven't read the article yet but it seems like every year our governor wants to give this money to the poor.
I'll see your 1.6 and raise you another 540 million... and change Indiana tallies $210 million surplus, reserves at $2.14 billion |
| | | Posts: 7358 | Location: Greater Indianapolis Area | Registered: October 14, 2008 | 
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| I think they may be taxing the distribution of a new plant up there as well......  |
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| quote: Originally posted by IndyRob:
I'll see your 1.6 and raise you another 540 million... and change Indiana tallies $210 million surplus, reserves at $2.14 billion
Damn, anyone want to go for $3 billion? |
| | | Posts: 2504 | Location: Southern Minnesota | Registered: March 15, 2010 |
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His Royal Hiney
| quote: Originally posted by TomV: quote: Maybe Maine can loan the $1B to California. 
California can piss away that much before lunch.
I remember getting a tax surplus refund from CA. It was under Deukmejian.
"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946.
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| | | Posts: 20193 | Location: The Free State of Arizona - Ditat Deus | Registered: March 24, 2011 |
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No double standards
| quote: Originally posted by Rey HRH: quote: Originally posted by TomV: quote: Maybe Maine can loan the $1B to California.
California can piss away that much before lunch.
I remember getting a tax surplus refund from CA. It was under Deukmejian.
I remember Deukmejian, I think he came after Moonbeam's first round as CA Gov. So under Deukmejian CA gives a tax rebate, under Moonbeam CA goes defacto bankrupt.
"Liberty lies in the hearts of men and women. When it dies there, no constitution, no law, no court can save it....While it lies there, it needs no constitution, no law, no court to save it"
- Judge Learned Hand, May 1944 |
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Dances with Wiener Dogs
| quote: Originally posted by Scoutmaster:
It seems the CA public employee pension system is about $1T in the hole (unfunded liability), not counting the formal debt for gov't agencies in CA, ie money borrowed, is something like $400B. Add to this their spending commitments for "social justice". It is only a matter of time before the house of cards tumbles.
And IIRC, that $1T is just the state pension. Lot of municipalities are far upside down in their pensions as well. Heck, even in TX, where we have to have a balanced budget, we have several cities whose pensions are driving them toward bankruptcy. Dallas and Houston are getting close. I think Sylvester Turner in Houston wants to issue $1B in bonds (without the required approval by the voters) just to try and keep the pensions afloat. It's high time goobermint switched over to defined contribution plans like the rest of the world. Pensions are a Ponzi scheme where the taxpayers are left holding the bag.
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“The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws.” Ayn Rand
“If we relinquish our rights because of fear, what is it exactly, then, we are fighting for?” Sen. Rand Paul
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