TAX REVOLT!!!

Thursday, May 21, 2009 \AM\.\Thu\.

Bear Flag Republic 

California often is a trend setter for the nation, for good and ill.  In 1978 the passage of Proposition 13 in California which capped property taxes presaged a national movement against high taxes which helped sweep Reagan and the GOP into power in 1980.  On Tuesday California voters rejected by better than 60% five ballot propositions which would have resulted in higher taxes, the raiding of special funds for general budget purposes and the selling of future lottery proceeds.  Here is a good analysis, albeit from a Libertarian perspective, of the ballot propositions that went down in flames.  The only ballot proposition to pass, politicians everywhere take note!, by a 73%  vote,  would prevent salary increases for legislators and statewide officials during deficit years.

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National Debt Road Trip

Saturday, May 16, 2009 \AM\.\Sat\.

Hattip to the Cranky Conservative.  My only suggested improvement to this video would be a shot of the debt car hitting a brick wall which will happen, and I am beginning to think sooner rather than later, when the government is simply unable to find lenders willing to risk their funds to cover our national credit card binge of federal spending.