Rick Williams
05-13-2012, 09:43 AM
Here's my commentary on the latest budget fraud in California. Visit my Unites States Senate website at www.rickwilliamsforsenate.com.
WAKE UP CALIFORNIANS! YOUR LEADERS ARE FRAUDS
California’s proposed budget for 2012-2013 was presented by Governor Brown to the Senate and Assembly of the State Legislature on January 5, 2012. With much pomp, publicity and circumstance, our governor handed out 167 pages of detailed budget narrative, combined with 57 appendices of supporting data and financial reporting. Today we learn that the entire budget document is a fraud and a scam. It’s all false– every bit of it. A pack of lies.
Here’s what the governor had to say on January 5th:
“California’s fiscal condition is improving. A year ago, the state faced an immediate $26.6 billion shortfall and future estimated annual budget gaps of $20 billion or more. This year the state faces a $9.2 billion budget problem and future annual budget gaps of $5 billion or less.”
Well . . . not so fast. Here’s a New York Times report about Governor Brown’s youtube video (released on May 12, 2012) which tells us what’s actually going on. http://www.nytimes.com/2012/05/13/us/huge-new-shortfall-predicted-in-california-budget.html?_r=1 The new report:
“The state budget shortfall in California has increased dramatically in the last six months, forcing state officials to assemble a series of new spending cuts that are likely to mean further reductions to schools, health care and other social programs already battered by nearly five years of budget retrenchment, state officials announced on Saturday.”
How big is this “new” budget hole?
“California’s shortfall was now projected to be $16 billion, up from $9.2 billion in January. Mr. Brown said that he would propose a revised budget on Monday to deal with it.”
“We are now facing a $16 billion hole, not the $9 billion we thought in January,” Mr. Brown said. “This means we will have to go much further and make cuts far greater than I asked for at the beginning of the year.”
How many times have we seen this sort of government nonsense? Our so-called leaders offer up a frivolously optimistic budget based on phony projections; then after the public is lulled to sleep they come out with revised numbers that are much worse than those they tried to sell us before. It’s bait and switch; the suckers con game– and politicians do it over and over again. They’re frauds.
The true facts are that California’s deficit isn’t $9.2 billion, or $16 billion, or anything close to that. The real deficit is far, far greater than that. California has been living off federal government stealth bailouts, and deferrals of payouts due to local governments, and growth-killing taxation, and borrowings from every source they can lay their hands on. Our politicians are playing a shell game to keep their ridiculous spending afloat for another day, or a week, or a month, and it has to be stopped . . . now! Rick Williams is the one candidate in the California Senate race who sees this; and talks about it; and has the requisite finance and legal expertise to put a stop to the fraud. Jerry Brown won’t do it– he’s part of the problem. Dianne Feinstein won’t do it– she’s been a gigantic spender her entire political career. These people are living in a dream world; but the dream days are over. Time for a new leader; someone who isn’t a dinosaur out of the last century like Brown and Feinstein are. Time to elect Rick Williams to the United States Senate.
WAKE UP CALIFORNIANS! YOUR LEADERS ARE FRAUDS
California’s proposed budget for 2012-2013 was presented by Governor Brown to the Senate and Assembly of the State Legislature on January 5, 2012. With much pomp, publicity and circumstance, our governor handed out 167 pages of detailed budget narrative, combined with 57 appendices of supporting data and financial reporting. Today we learn that the entire budget document is a fraud and a scam. It’s all false– every bit of it. A pack of lies.
Here’s what the governor had to say on January 5th:
“California’s fiscal condition is improving. A year ago, the state faced an immediate $26.6 billion shortfall and future estimated annual budget gaps of $20 billion or more. This year the state faces a $9.2 billion budget problem and future annual budget gaps of $5 billion or less.”
Well . . . not so fast. Here’s a New York Times report about Governor Brown’s youtube video (released on May 12, 2012) which tells us what’s actually going on. http://www.nytimes.com/2012/05/13/us/huge-new-shortfall-predicted-in-california-budget.html?_r=1 The new report:
“The state budget shortfall in California has increased dramatically in the last six months, forcing state officials to assemble a series of new spending cuts that are likely to mean further reductions to schools, health care and other social programs already battered by nearly five years of budget retrenchment, state officials announced on Saturday.”
How big is this “new” budget hole?
“California’s shortfall was now projected to be $16 billion, up from $9.2 billion in January. Mr. Brown said that he would propose a revised budget on Monday to deal with it.”
“We are now facing a $16 billion hole, not the $9 billion we thought in January,” Mr. Brown said. “This means we will have to go much further and make cuts far greater than I asked for at the beginning of the year.”
How many times have we seen this sort of government nonsense? Our so-called leaders offer up a frivolously optimistic budget based on phony projections; then after the public is lulled to sleep they come out with revised numbers that are much worse than those they tried to sell us before. It’s bait and switch; the suckers con game– and politicians do it over and over again. They’re frauds.
The true facts are that California’s deficit isn’t $9.2 billion, or $16 billion, or anything close to that. The real deficit is far, far greater than that. California has been living off federal government stealth bailouts, and deferrals of payouts due to local governments, and growth-killing taxation, and borrowings from every source they can lay their hands on. Our politicians are playing a shell game to keep their ridiculous spending afloat for another day, or a week, or a month, and it has to be stopped . . . now! Rick Williams is the one candidate in the California Senate race who sees this; and talks about it; and has the requisite finance and legal expertise to put a stop to the fraud. Jerry Brown won’t do it– he’s part of the problem. Dianne Feinstein won’t do it– she’s been a gigantic spender her entire political career. These people are living in a dream world; but the dream days are over. Time for a new leader; someone who isn’t a dinosaur out of the last century like Brown and Feinstein are. Time to elect Rick Williams to the United States Senate.