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Watch California

August 08, 2018, 02:38:10 am suzytr says: Hello, any good churches in the Sacto, CA area, also looking in Reno NV, thanks in advance and God Bless you Smiley
January 29, 2018, 01:21:57 am Christian40 says: It will be interesting to see what happens this year Israel being 70 years as a modern nation may 14 2018
October 17, 2017, 01:25:20 am Christian40 says: It is good to type Mark is here again!  Smiley
October 16, 2017, 03:28:18 am Christian40 says: anyone else thinking that time is accelerating now? it seems im doing days in shorter time now is time being affected in some way?
September 24, 2017, 10:45:16 pm Psalm 51:17 says: The specific rule pertaining to the national anthem is found on pages A62-63 of the league rulebook. It states: “The National Anthem must be played prior to every NFL game, and all players must be on the sideline for the National Anthem. “During the National Anthem, players on the field and bench area should stand at attention, face the flag, hold helmets in their left hand, and refrain from talking. The home team should ensure that the American flag is in good condition. It should be pointed out to players and coaches that we continue to be judged by the public in this area of respect for the flag and our country. Failure to be on the field by the start of the National Anthem may result in discipline, such as fines, suspensions, and/or the forfeiture of draft choice(s) for violations of the above, including first offenses.”
September 20, 2017, 04:32:32 am Christian40 says: "The most popular Hepatitis B vaccine is nothing short of a witch’s brew including aluminum, formaldehyde, yeast, amino acids, and soy. Aluminum is a known neurotoxin that destroys cellular metabolism and function. Hundreds of studies link to the ravaging effects of aluminum. The other proteins and formaldehyde serve to activate the immune system and open up the blood-brain barrier. This is NOT a good thing."
September 19, 2017, 03:59:21 am Christian40 says: bbc international did a video about there street preaching they are good witnesses
September 14, 2017, 08:06:04 am Psalm 51:17 says: bro Mark Hunter on YT has some good, edifying stuff too.
September 14, 2017, 04:31:26 am Christian40 says: i have thought that i'm reaping from past sins then my life has been impacted in ways from having non believers in my ancestry.
September 11, 2017, 06:59:33 am Psalm 51:17 says: The law of reaping and sowing. It's amazing how God's mercy and longsuffering has hovered over America so long. (ie, the infrastructure is very bad here b/c for many years, they were grossly underspent on. 1st Tim 6:10, the god of materialism has its roots firmly in the West) And remember once upon a time ago when shacking up b/w straight couples drew shock awe?

Exodus 20:5  Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me;
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Author Topic: Watch California  (Read 9992 times)
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« on: March 16, 2012, 07:11:27 pm »

Is California the next Greece?
By The Week's Editorial Staff | The Week – Thu, Mar 15, 2012

The Golden State used to be at the vanguard of the U.S. economy. Now, not so much
"California is no longer the economic miracle it once was," says Bradley Schiller at the Los Angeles Times. Americans used to flock to the Golden State for its peerless standard of living and great schools. But now many businesses are packing up and moving out. California's unemployment rate, at 10.9%, is the third-highest in the country. Many of its cities are declaring bankruptcy. And the state budget, for the ninth time in 10 years, is billions of dollars in the red. "Many Americans fear the federal fiscal train wreck will turn us into Greece," say Michael J. Boskin and John F. Cogan at The Wall Street Journal. But "they need look no further than California to see what this future portends." Why is California on the ropes?

1. Its taxes are too high
The climate for businesses in California has "turned hostile," says Investor's Business Daily in an editorial. Taxes are far too high, leading businesses to leave the state at a rate of five per week. California has the third-highest income tax rate in the country, the highest sales tax, and the second-highest gas tax. All told, businesses save "20 percent to 40 percent in costs" when they move out of the state, according to one study.

2. Its environmental policies are unreasonable
California's energy policies are just "bizarre," says Bill Frezza at RealClearMarkets. In its push to lead the fight against global warming, the state has "virtually shut down fossil fuel production." Once a major oil producer, California's production has declined "by more than 30 percent over the past 20 years," depriving the state of much-needed revenue. Meanwhile, it's pumping billions of dollars into green energy projects — such as a $100 billion high speed rail line — that are bound to bleed money.

3. It spends way too much
California has one of the strongest social safety nets in the country, says Schiller, and "many Californians take pride" in that. However, the state's generous minimum-wage thresholds and high rates of unionization can drive businesses away. "Californians tend to be complacent about these competitive risks," but they shouldn't be. They're part of the reason California is currently ranked 34th in GDP growth among the states.

4. It just needs to get its house in order
"No one should write off California," say Boskin and Cogan. The state faces daunting challenges, and has to reform deep structural flaws. But it still "ranks first in technology, agriculture, and entertainment among the 50 states." To survey the state's economic situation, is to appreciate the "the agony and ecstasy of contemporary California."

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