California proceeding on bankrupting the state

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T. A. Gardner

T. A. Gardner

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Seems like California is dead set on handing piles of cash out to people the state claims were dispossessed, etc., in the form of "reparations."

The state of Confusion has hired a panel of 5 woke economists, some of whom have been the most strident in calling for reparations (and unsurprisingly likely to get theirs from this too) who will somehow (psychically?) figure out how much loot goes to each person determined to have been dispossessed in some way...

The five ultra-woke economists who'll decide Californian reparations: Policy expert who wants $14 TRILLION to be paid across US, professor who says 'economics is racist' and couple claim Native Americans 'are irrelevant' for payouts
https://www.dailymail.co.uk/news/ar...ists-decide-Californians-pay-reparations.html

'America is a racist country': Who's Who of Newsom's nine-person 'radical' reparations board that believes capitalism to be racist and wants to pay EVERY African American slave descendant $223k
https://www.dailymail.co.uk/news/ar...Newsoms-reparations-committee-slammed-US.html

Economists must remove racial biases from their profession, AFL-CIO chief economist says
https://www.cnbc.com/2020/07/24/afl...william-spriggs-racial-bias-in-economics.html

California is in for a rough ride if the state has to pay out tens, possibly hundreds of billions, for this farce. I suppose they'll try and raise taxes through the rafters on "The Rich" and corporations to pay for it. That should tank the economy there PDQ...
 
The vile politics of California seem to seep across America.

Not one Californian is now a slave.

Not one Californian now owns a slave.
 
BidenPresident said:
How does it affect you in Arizona?
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Arizona gets gasoline from refineries in California for example. California exports to most states considerable quantities of agricultural products, like almonds for example. Almost the entire US supply comes from California.

If California raises taxes on those, then the price people pay in other states rises with that.
 
T. A. Gardner said:
Arizona gets gasoline from refineries in California for example. California exports to most states considerable quantities of agricultural products, like almonds for example. Almost the entire US supply comes from California.

If California raises taxes on those, then the price people pay in other states rises with that.
Click to expand...

Ok, thank you for the explanation.
 
T. A. Gardner said:
Seems like California is dead set on handing piles of cash out to people the state claims were dispossessed, etc., in the form of "reparations."

The state of Confusion has hired a panel of 5 woke economists, some of whom have been the most strident in calling for reparations (and unsurprisingly likely to get theirs from this too) who will somehow (psychically?) figure out how much loot goes to each person determined to have been dispossessed in some way...

The five ultra-woke economists who'll decide Californian reparations: Policy expert who wants $14 TRILLION to be paid across US, professor who says 'economics is racist' and couple claim Native Americans 'are irrelevant' for payouts
https://www.dailymail.co.uk/news/ar...ists-decide-Californians-pay-reparations.html

'America is a racist country': Who's Who of Newsom's nine-person 'radical' reparations board that believes capitalism to be racist and wants to pay EVERY African American slave descendant $223k
https://www.dailymail.co.uk/news/ar...Newsoms-reparations-committee-slammed-US.html

Economists must remove racial biases from their profession, AFL-CIO chief economist says
https://www.cnbc.com/2020/07/24/afl...william-spriggs-racial-bias-in-economics.html

California is in for a rough ride if the state has to pay out tens, possibly hundreds of billions, for this farce. I suppose they'll try and raise taxes through the rafters on "The Rich" and corporations to pay for it. That should tank the economy there PDQ...
Click to expand...
Why doesn't California just give them casinos?
 
What will be interesting is to see who comes up with the best scams to separate these colored people from the $$$ !

Its like the sharks who circle lottery winners and turn them into bankrupt fools so quickly only the richness of the target environment will be massive !
 
T. A. Gardner said:
Because California's economy has an effect on the rest of the US.
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State-GDP-Per-Capita-1.png


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2022-According to Bloomberg, California is poised to overtake Germany as the world’s 4th largest economy, continuing to outperform the nation and other countries in GDP growth, companies’ market value, renewable energy and more.
 
T. A. Gardner said:
Seems like California is dead set on handing piles of cash out to people the state claims were dispossessed, etc., in the form of "reparations."

The state of Confusion has hired a panel of 5 woke economists, some of whom have been the most strident in calling for reparations (and unsurprisingly likely to get theirs from this too) who will somehow (psychically?) figure out how much loot goes to each person determined to have been dispossessed in some way...

The five ultra-woke economists who'll decide Californian reparations: Policy expert who wants $14 TRILLION to be paid across US, professor who says 'economics is racist' and couple claim Native Americans 'are irrelevant' for payouts
https://www.dailymail.co.uk/news/ar...ists-decide-Californians-pay-reparations.html

'America is a racist country': Who's Who of Newsom's nine-person 'radical' reparations board that believes capitalism to be racist and wants to pay EVERY African American slave descendant $223k
https://www.dailymail.co.uk/news/ar...Newsoms-reparations-committee-slammed-US.html

Economists must remove racial biases from their profession, AFL-CIO chief economist says
https://www.cnbc.com/2020/07/24/afl...william-spriggs-racial-bias-in-economics.html

California is in for a rough ride if the state has to pay out tens, possibly hundreds of billions, for this farce. I suppose they'll try and raise taxes through the rafters on "The Rich" and corporations to pay for it. That should tank the economy there PDQ...
Click to expand...

Too late. The economy is already tanked in the SDTC.
 
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