Comments on: California Tax Refunds To Be Delayed

By: scott

scott — Mon, 19 Jan 2009 23:48:52 +0000

California will not go under so California General Obligation bonds will be safe. However the same can not be said for other municipals and special bond issues by special districts.

I am a life long California resident. The Governor came into office a promising to rollback the DMV auto registration fees that had been increased and the Natural gas manipulation by Enron and others. If the DMV fees were keep intact we would have a much less severe deficit. Now he wants to go back and increase the DMV fees.

Many people complain about their representatives but when asked who their state assemblyperson or state senator they do not know.

By: Are California Muni Bonds Safe? | Student Traders

Are California Muni Bonds Safe? | Student Traders — Mon, 19 Jan 2009 21:15:28 +0000

[...] is running out of cash. Yields on California Municipal Bonds are therefore pretty high right now. But is it safe to buy [...]

By: Ben Moreno

Ben Moreno — Sun, 18 Jan 2009 22:10:02 +0000

Well said, it’s kind of sad how our system works. I think that we should have less government overall and we need to start acting more efficiently. Seeing how China and other countries are starting to industrialize we may no longer be the super power of the world. I think that may not be that bad of a thing.

Do you think that if lose that power that stronger countries would start messing with us because of our history?

By: Brian

Brian — Sun, 18 Jan 2009 15:44:05 +0000

This is one more example of why you should not overpay your taxs but change your witholding and put more of your money in your pocket every payday.

It’s not a shortage of taxes, it a overwillingness to spend and continue to spend on programs that are not working.

By: Snerd

Snerd — Sun, 18 Jan 2009 01:07:37 +0000

My comment was about WHO we vote in to office. While each citizen doesn’t get to vote on any specific bill, or decide on which bills are signed into law, voters DO get to vote on who they feel is the candidate that will best serve their interests. And looking at both the executive and legislative branches over the past 20 years,it’s not hard to figure out why we are in the shape we are in. And for those who voted for and expect change, the campaign promises are already history, and the inauguration hasn’t even taken place.

I’m not from California, so I’ll speak more on a national level. If you look at all of the pork-laden bills that got signed into law, the massive overgrowth of already established entitlement programs that both the Democrats AND the Republicans have contributed to, etc. etc. etc., it’s not hard to see why we are in the shape we’re in.

The simple solutions, although they’ll never happen, are twofold: line item veto power to the President, and term limits for Congress.