Danoff
Premium
- 34,119
- Mile High City
Oh yes.
Yesterday voters in california turned out in droves and borrowed the credit cards of the richest in this state and spent over $100 Billion dollars (over the next 30 years) without batting an eye.
You'd think we'd shop around before spending $100 Billion, you'd think that kind of money wouldn't get dropped on just anything. But these people spent maybe an hour (maybe) reviewing the paragraph long summaries of each of these spending bills and decided it was worth the price.
I don't know about you, but if I was going to spend $100 Billion, I'd want to take my time.... but that's just me.
Here's a summary of what we approved:
1A - "Protection" of the gas tax. Our gas tax had been used to fund things other than roads (which is what it was promised to be spent on). We "fixed the glitch" and reserved it for the roads. That's all fine and dandy but people should be aware that it will create a shortfall in other budget areas.
1B - Highway/Airport/Port funding. $20 billion or so to fix roads (as if 1A didn't do enough). They threw in some language about helping with our ports to keep them secure from terrorists - but that was just a way to get votes. That could have/perhaps should have been done federally since it's a national security issue.
1C - Housing for everyone - Another few billion to provide housing to just about everyone in a special category (battered women, veterans, diabled people, poor people, you name it).
1D - School/Facility Bond - Another chunk of change to improve our schools (it's for the children). No mention of the fact that this state already has the highest taxes in the nation. Where did all of THAT money go? Who knows? What we know is that we need to borrow more money that we don't have (we'll pay it back somehow). In the meantime, look at the smiling children.
1E - Disaster, Flooding Bond - Earthquakes, floods, basically Katrina in LA, that's what this proposition seeks to protect against. Never mind that we have the highest taxes... oh wait, I already said that.
83 - Sex Offender - Let's get those sex offenders off the streets (nevermind that they were put there by the prison system that let them out). Oh by the way, we want to spend a ton of money on a GPS tracking system for them. Taxes? What taxes? We didn't collect any taxes.
84 - Drinking water - Who could vote against drinking water? Someone who thinks it shouldn't cost billions to provide drinking water. Someone who thinks that we already pay taxes... there I go again.
What we didn't vote for
90 - Eminent Domain Protection - No, of course we want the government to be able to seize property from anyone and give it to whoever they want. Where do you think you are? America? HA!
85 - Parental notification of Abortions - This state is about as pro-choice as it gets. 👍
86 - Cigarette Tax - We decided not to make smoking unbelievably expensive.
87 - Oil Tax - We decided not add a new tax for oil companies in the state (I still can't figure out how people know to vote that down but not figure out to vote for prop 90).
88 - Education Funding - I guess we figured $10 billion or whatever it was was enough for the kids... for now.
89 - Public Campaign Funding - Use tax dollars to fund smear ads for politicians? Where's the problem? This was about as obvious a "no" as they come. No wonder it lost by a margin of 50%.
All totalled, we spent $40 billion now, and it will be over $100 billion by the time we pay it back. I hope people are enjoying it. It's not every day you get to take $100 billion from your neighbors and spend it on a short list of items with only a page or two description for what you're spending it on.
Edit: For the record, this state collects roughly $100 billion in taxes each year. So yesterday we spent an entire year's worth of taxes in one shot. That is, ON TOP OF, what we were already spending.
Yesterday voters in california turned out in droves and borrowed the credit cards of the richest in this state and spent over $100 Billion dollars (over the next 30 years) without batting an eye.
You'd think we'd shop around before spending $100 Billion, you'd think that kind of money wouldn't get dropped on just anything. But these people spent maybe an hour (maybe) reviewing the paragraph long summaries of each of these spending bills and decided it was worth the price.
I don't know about you, but if I was going to spend $100 Billion, I'd want to take my time.... but that's just me.
Here's a summary of what we approved:
1A - "Protection" of the gas tax. Our gas tax had been used to fund things other than roads (which is what it was promised to be spent on). We "fixed the glitch" and reserved it for the roads. That's all fine and dandy but people should be aware that it will create a shortfall in other budget areas.
1B - Highway/Airport/Port funding. $20 billion or so to fix roads (as if 1A didn't do enough). They threw in some language about helping with our ports to keep them secure from terrorists - but that was just a way to get votes. That could have/perhaps should have been done federally since it's a national security issue.
1C - Housing for everyone - Another few billion to provide housing to just about everyone in a special category (battered women, veterans, diabled people, poor people, you name it).
1D - School/Facility Bond - Another chunk of change to improve our schools (it's for the children). No mention of the fact that this state already has the highest taxes in the nation. Where did all of THAT money go? Who knows? What we know is that we need to borrow more money that we don't have (we'll pay it back somehow). In the meantime, look at the smiling children.
1E - Disaster, Flooding Bond - Earthquakes, floods, basically Katrina in LA, that's what this proposition seeks to protect against. Never mind that we have the highest taxes... oh wait, I already said that.
83 - Sex Offender - Let's get those sex offenders off the streets (nevermind that they were put there by the prison system that let them out). Oh by the way, we want to spend a ton of money on a GPS tracking system for them. Taxes? What taxes? We didn't collect any taxes.
84 - Drinking water - Who could vote against drinking water? Someone who thinks it shouldn't cost billions to provide drinking water. Someone who thinks that we already pay taxes... there I go again.
What we didn't vote for
90 - Eminent Domain Protection - No, of course we want the government to be able to seize property from anyone and give it to whoever they want. Where do you think you are? America? HA!
85 - Parental notification of Abortions - This state is about as pro-choice as it gets. 👍
86 - Cigarette Tax - We decided not to make smoking unbelievably expensive.
87 - Oil Tax - We decided not add a new tax for oil companies in the state (I still can't figure out how people know to vote that down but not figure out to vote for prop 90).
88 - Education Funding - I guess we figured $10 billion or whatever it was was enough for the kids... for now.
89 - Public Campaign Funding - Use tax dollars to fund smear ads for politicians? Where's the problem? This was about as obvious a "no" as they come. No wonder it lost by a margin of 50%.
All totalled, we spent $40 billion now, and it will be over $100 billion by the time we pay it back. I hope people are enjoying it. It's not every day you get to take $100 billion from your neighbors and spend it on a short list of items with only a page or two description for what you're spending it on.
Edit: For the record, this state collects roughly $100 billion in taxes each year. So yesterday we spent an entire year's worth of taxes in one shot. That is, ON TOP OF, what we were already spending.