Election 2012 California

    Governor Jerry Brown is appearing in TV ads speaking in support of Proposition 30- the state income tax measure that will raise income taxes and sales taxes across the state.  Jerry Brown is fast taking California down the path of Connecticut, New Jersey, and New York State, the other high tax states.
      California already has the highest tax bill in the country: $172.63 BILLIONS OF DOLLARS!  That's right: $172.63 billion. It has the highest sales tax in the country at 7.25%(local taxes are often higher,see Marin and San Francisco).
      This comes on the heels of a decision by Jerry Brown to take the Justice Dept. banking settlement of $410 billions, designated as funds from banks that defrauded home owners with deceptive lending practices, and placing those funds in the State's general fund rather than helping home owners as it was intended.
       Proposition 30 flies in the face of economic reason as unemployment remains above the national average and job creation remains sluggish as we begin the 4th year of this anemic recovery.  The Democrats in Sacramento are wringing their hands as they wait for the election to come and go in 2 weeks.  Will they or won't they bail out the profligate spenders in the legislature?  Can we fool them again with a "smoke and mirrors" budget?
   Don't be fooled by the "Old Hippie".  Vote NO on Prop. 30, and its sister Proposition 38.
    Old Jerry should be ashamed of himself, trying to massage the voters while he leads them to the slaughterhouse of higher taxes, poor services, lack of business formation, depressed property values, and a general lack of investment from the business community.
     California has a long way to go to regain her leadership position; but Jerry Brown and his old Democratic machine politics(ala Willie Brown, John Burton, Diane Feinstein, and Barbara Boxer).  The liberal/socialist milieu that has given rise to rivers of red ink has reached the breaking point.  Jerry has promised severe budget cuts if his measure does  not pass.  But the reality is: the budget will not be cured even if the tax increase passes.  The day of reckoning will only be postponed unless the legislature cuts spending.  The re-election of Pres. Obama will not cure the state's ills.  If anything, the state's problems will be exacerbated by his reelection.
More to follow