Friday, February 8, 2013

California

I used to think that Texas would be the first state to succeed if one ever did. But now I think it will be California and they will join Mexico.

12 comments:

  1. This may be.I believe that I read that the Population will soon be 51% Hispanic.

    And as far as their liberal politics are concerned they will bankrupt soon.
    Raising taxes is only driving people away,and is not an answer to increasing revenue and economic growth.Don't think so,check out the latest economic numbers from France,You liberal tax and spenders will learn something here,that is if you would take the time to look.

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    1. California has just announced that they will be running a budget surplus for this fiscal year.

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    2. http://news.yahoo.com/governor-brown-unveil-california-budget-141509838.html

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    3. 13% state tax on the wealthy. That should encourage growth.
      LOL.

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    4. Mick.......Googled your claim and found

      Don't break out the bubbly just yet, though. California's new balancing act is as fragile as a Jenga tower.

      All of the state's budget figures and forecasts for the year are still guesswork. California will have a better idea of exactly how much revenue it will collect this year -- and whether it will still have a surplus -- when it issues its revised forecast in May.

      This is from CNN Money.
      Lotsa Hopey in this prediction,a large part of the hopey is based on Tax increases on the rich,whom seem to be not very happy.

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    5. Speaking of taxes, in Florida homeowners insurance, which is required by mortgage lenders, is so high that the total premiums paid last year by Florida home owners was greater than that of any other state. Florida premiums were also greater than those paid by all homeowners in Russia. That's right, all the homowners in Russia combined pay less than all the homneowners in Florida. How's that?

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    6. http://www.palmbeachpost.com/news/business/florida-pays-more-for-insurance-than-texas-all-but/nWBTC/

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    7. Don't tell anyone, they have hurricanes in Florida that require homeowners insurance and it is costly.

      In California, an area of seismic activity, the average annual premium is $707, according to the California Earthquake Authority, which sells insurance to homeowners there. The coverage generally pays to repair or replace your home, subject to the deductible, but there are often exclusions, like for patios and detached garages. Just 12 percent of homeowners in California carry coverage, according to the earthquake authority, down from about 33 percent in 1996 — when the memory of the deadly Northridge earthquake in 1994 was still fresh.

      Guess most people in calif rely on the government to bail them out.

      What a surprise.

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    8. louman,

      The earthquake damage premium is only $707 on average? I can only imagine the cost when the San Andreas fault finally gives. I see absolutely no reason whatsoever for public money to be dumped into that hole, save for infrastructure repair. But then, I had that same opinion for Katrina.

      Jean

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    9. Jean
      Average means for the low cost homes. Most have no insurance and rely on a government bailout as always.

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    10. Iouman, we haven't had a hurricane in 8 years. State Farm tried to bail out of Florida homeowners and go to auto insurance only, the state wouldn't let them so they cancelled all homeowners policies in coastal zones. They also don't write new coverage on household items over a certain value. My wearly premium for hurricane coverage is $3,000, and I have hurricane shutters and screens, a generator and wind resistant construction.

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    11. That should be "yearly premium" not wearly premium. I also live 35 miles from the coast, in a non evacuation zone.

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