What effect would a succesfull Calexit have on the foreign sales of US movies?

[Speaker to Animals]

LOL

Aren't you in California? That's the biggest one of all, and it's totally broke.

[Ex-California]

LOL

Aren't you in California? That's the biggest one of all, and it's totally broke.

Umm, keep dreaming. We're the 5th largest economy in the world.

As you can see, the welfare states get up to more than double back in federal dollars compared to what they give. We're here losing a quarter on every dollar

[Speaker to Animals]

LOL

Aren't you in California? That's the biggest one of all, and it's totally broke.

Umm, keep dreaming. We're the 5th largest economy in the world.

As you can see, the welfare states get up to more than double back in federal dollars compared to what they give. We're here losing a quarter on every dollar

Your state is functionally bankrupt. How do you not know this?

[SuburbanFarmer]

LOL

Aren't you in California? That's the biggest one of all, and it's totally broke.

Umm, keep dreaming. We're the 5th largest economy in the world.

As you can see, the welfare states get up to more than double back in federal dollars compared to what they give. We're here losing a quarter on every dollar

{citation needed}

Your state is functionally bankrupt. How do you not know this?

{citation needed}

[Speaker to Animals]

http://www.breitbart.com/california/201 ... o-crumble/

Time required to locate information: ~3 seconds.

[Speaker to Animals]

SACRAMENTO — California has come a long way to dig itself out of budget deficits, but the state remains on shaky ground due to nearly $400 billion in unfunded liabilities and debt from public pensions, retiree health care and bonds, financial analysts say.

“Yes, the state’s budget is balanced if you are looking at what they are required to spend cash on this year, but not when you look at their expenses,” said Gabe Petek, a credit analyst with Standard & Poor’s.

Prospect of taxes sours budget support, poll finds Lawmakers stand and greet Gov. Jerry Brown as he walks across the floor of the State Assembly to deliver the annual State of the State address at the State Capitol in Sacramento, Calif. on Thursday, Jan. 21, 2016. Jerry Brown says state must pay debt, new taxes on horizon Governor Jerry Brown arrives to delivers his State of the State speech

The high debt and unfunded liabilities have resulted in the state’s rating lagging behind other states, Petek says. California saw its bond rating rise last year from A+ to AA-, the highest level the state has had in 14 years. Good bond ratings are a sign of a strong budget and financial management and allow states to pay lower interest rates when selling bonds.

“Compared to other states, though, California has one of the lower ratings,” Petek said.

And the reason is clear, he said. It’s California’s debt and liabilities that are concerning financial analysts, particularly the state’s rapidly growing unfunded retiree health care costs, which grew more than 80 percent over the past decade. California has promised $74 billion more in health and dental benefits to current and retired state workers than the state has put aside.

http://www.sfchronicle.com/politics/art ... 812264.php

[Montegriffo]

http://www.breitbart.com/california/201 ... o-crumble/

Time required to locate information: ~3 seconds.

Time required to dismiss fake news site:~none

[Speaker to Animals]

LMFAO

[SuburbanFarmer]

http://www.breitbart.com/california/201 ... o-crumble/

Time required to locate information: ~3 seconds.

"Personal Income Tax collection deficit" is not a state budgetary deficit. Cheap propaganda.

“Yes, the state’s budget is balanced if you are looking at what they are required to spend cash on this year, but not when you look at their expenses,” [/b]said Gabe Petek, a credit analyst with Standard & Poor’s.

What in the fuck is that supposed to mean??

Prospect of taxes sours budget support, poll finds Lawmakers stand and greet Gov. Jerry Brown as he walks across the floor of the State Assembly to deliver the annual State of the State address at the State Capitol in Sacramento, Calif. on Thursday, Jan. 21, 2016. Jerry Brown says state must pay debt, new taxes on horizon Governor Jerry Brown arrives to delivers his State of the State speech

The high debt and unfunded liabilities have resulted in the state’s rating lagging behind other states, Petek says. California saw its bond rating rise last year from A+ to AA-, the highest level the state has had in 14 years. Good bond ratings are a sign of a strong budget and financial management and allow states to pay lower interest rates when selling bonds.

“Compared to other states, though, California has one of the lower ratings,” Petek said.

And the reason is clear, he said. It’s California’s debt and liabilities that are concerning financial analysts, particularly the state’s rapidly growing unfunded retiree health care costs, which grew more than 80 percent over the past decade. California has promised $74 billion more in health and dental benefits to current and retired state workers than the state has put aside.

http://www.sfchronicle.com/politics/art ... 812264.php

None of this implies 'functionally bankrupt'. They don't have money allocated for expenses that they've legislated for themselves. That's a pretty far fucking cry from 'can't pay our debts'.

[Montegriffo]

LMFAO

Obviously as a dumb Limey I know nothing of Californian economics, but I know enough to not bother linking to a far right rag to make my point.