High Ground Underground

Here is Allysia Finley discussing her controversial Wall Street Journal Opinion article on "California: the Lindsay Lohan of States" (http://online.wsj.com/article/SB10001424052748703506904575592612400443370.html#dummy). We have $70 B of general obligation debt, and $500 B unfunded pension liability. Her article says CA government is run by a brothel of environmentalists, lawyers, public sector unions & legislative bums. We're borrowing over $40M a day to pay for public employee pensions. Sound like Greece? Michael Barone noted that the GOP gained over 670 seats in state legislatures & governors, in addition to the gains in the US Congress.

Here's my considerably revised letter to the editor, still trying to get published [update 10/29/10 -- it was published today in the local Daily Breeze]: "If ever there were a time to vote for change, it is now, for our formerly great state – before we can no longer dig ourselves out. Surely California can do much better than Jerry Brown and Barbara Boxer, with their long, failed political careers and policies that have only exacerbated California’s economic crisis. The well-worn quote bears repeating until heard: “Insanity: doing the same thing over and over again and expecting different results.” -- Albert Einstein. Meg Whitman and Carly Fiorina provide exactly what the doctor ordered to turn around the exodus of businesses -- our tax base -- and citizens, and restore fiscal sanity. What gall, to accuse Fiorina and Whitman of making difficult business decisions to save their businesses in the very climate Boxer and Brown have fostered! Those taxes, extremist policies ...