Governor Newsom

California Economy : AN EXPORT DYSTOPIA

Posted on by Helena

The Economy of California is $3.63trillion, largest in US and fifth in the world. The Government is California’s largest industry with 2.5 million employees.   The second largest industry is Healthcare & Social Assistance, aka, welfare.   In 2021, California exported $50 billion worth of agriculture representing 13% of all US exports. At the same time, California’s agriculture market in total was valued at – $50 billion.   Total exports from all sources are roughly $180 billion with $32 billion going to Mexico, $32 billion to EU and $80 billion to Asia.   It would appear California does not support the US – it exists to support Asia, Central America and the EU.

California expenditures for 2021 were $512 billion with the largest expense being ‘welfare’. State and Local revenue totaled $521 billion.   The largest sources of revenue included Federal Government. Followed by University Tuition and Highway tolls.   Followed by Income Taxes.   ~According to Urban Institute.

Debt Clock has different numbers entirely:   State Revenue is $618 billion and spending is $747 billion – with debt standing at $563 billion.   On a total population of 38.8 million.   The Census Bureau claims the population is 39.24 … but the last Census was in 2010 – so every number since is based on an algorithm. My pet peeve.

According to Urban Institute, California has a positive net budget of $9 billion, but according to Debt Clock it has a negative Net Budget of ($129 billion). QUITE a deviation of algorithm Math.

There are those who believe California would be better off sinking into the Pacific.   I argued their agriculture positive value to the US as a whole – I was wrong.

As of 2021, total agriculture imports to US were valued at $163 billion.   Quick Fact: California exports $50 billion in agriculture while the US imports $163 Billion in agriculture.   HOUSTON!

Despite the fact that Gavin Newsom has degraded California cities to levels of horrific scum, he is being considered as the Democrat elect for 2024.   WHY?   Because he looks like Macron and Trudeau – and flies on that – instead of actual accomplishments.   He’s a whore of sorts.   And unfortunately, that deviant character would be shared by his Harvey Weinstein couched – wife.

I lived in northern California for roughly seven years during the 1980’s. I left because the people were rude, ugly, mean, and cliquey – in a junior high school sort of way.   But the entire eastern front of California is completely different.   The farms and ranches are beautiful!   The people inviting!   I’ve been up and down the coast numerous times.

IF California were governed by those representative peoples who make up some 90% of the total land – California would be my choice state!  

REALITY: LA is now so deviant that the county refuses to release crime stats to the FBI.   The population of this one country is roughly 10 million or 1/4th of the total of the entire state. Their entire economy is based on Hollywood and Fantasy, within 141 different Districts.

Illegal immigrant population in California is an ‘algorithm’ and states that it is 2.2 million.   They are included in all Census.   Meaning the population is a configuration of illegal estimates.   Given we have had 2.5 million illegals enter the US via California in the last two years, it is a good guess – that the numbers provided to The Public are significantly skewered.   Granted not all illegals who convene on the California border remain in California, many are bussed across the US to infiltrate such cities as NYC, Minneapolis, Detroit, Houston, and Miami.   All without a peep from the Progressive Democrat Compassionates.   Bussing is only an issue when it targets elite strongholds like Long Island….

Of course the main derivative of California illegal immigrants is to service the Wine Country – like Pelosi’s vineyard in Northern California.   IN fact, the main precursor to illegal immigration is to service serfdom.   So as to create greater capitalist profits by the Communists in charge d’affaire.   A classic definition.

Gavin Newsom has destroyed California.   Pelosi has capitalized on that destruction.   They are related by blood.   And they rule by blood.   IF California was actually to contribute to the US – instead of selling off to foreign countries – imagine the internal wealth generated – imagine the supply chain of inexpensive agriculture products, semiconductors, and machine parts that could actually RAISE AMERICA to a global self-sufficient economy…

California has much to offer – alas, it exports that talent, that production, that value to the detriment of the American People!

STATE DEFICITS – $1 Trillion and Counting

Posted on by Helena

Well, the shitake is hitting the fan and all the idiotic Barney Fiefs in positions of power as governors and mayors think that raising every conceivable tax is going to magically produce their necessary revenue after tanking their economies.   Of course, state employee pensions would be first in line… Because unions support liberal candidates.

One such idiotic move was attempted by the mayor of Nashville wherein he thought he could slip thru a 32.6% property tax hike while his entire entourage was still vacationing at home amidst the pandemic epidemic flu virus.

As of 2016, the funding gap between state pension liabilities and assets was determined to be $1.4 trillion. According to Moody’s that gap increased by $1 trillion during the CoVid 19 selloff.   That gap widens every day that state and local revenue flattens.

The average pension across the country is roughly $28,000 compared to New York’s average of $53,000 representing 1.14 million members and current beneficiaries of 482,000.

So who are these Comptrollers in charge of managing state finances? Because they would not appear to be doing a great jon!

Tom DiNapoli has served New York State for 13 years in the capacity of Comptroller having achieved a degree in history and subsequently a masters in human resources.    His entire career has been in politics. He has absolutely no education in finance or economics .

California’s Controller is Betty Yee. Her bio states that – growing up she handled the books of her family’s dry cleaning business.   In college she went on to obtain degrees in Sociology and Public Administration. She has worked in politics her entire life.

What are the duties of state Comptrollers?

  • Conducting performance and financial audits of all City agencies;
  • Serving as a fiduciary to the City’s five public pension funds
  • Providing comprehensive oversight of the City’s budget and fiscal condition;
  • Reviewing City contracts for integrity, accountability and fiscal compliance;
  • Resolving claims both on behalf of and against the City;
  • Ensuring transparency and accountability in setting prevailing wage and vigorously enforcing prevailing wage and living wage laws; and
  • Promoting policies that enhance City government’s commitment to efficiency, integrity and performance for all New Yorkers.

I passed the CPA exam years ago and conducting financial audits, managing billions in assets, preparing budgets, etc… were highly specialized tasks reserved for the most competent in education and experience.   Degrees in history and sociology would hardly track that level of competence.

But that is who is managing state budgets.

New York is quickly approaching a deficit of $60 billion and California is climbing the ladder at $43 billion. I’d say the state governments had ridiculously ‘failed’ in their duties and responsibilities to manage.

And now they want President Trump to just give them all the money they lost – which is effectively money from you and I. Cryin’ the blues…

As of 2019, New York State was already in trouble facing a deficit of $6.1 billion as a result of rising Medicaid costs. Roughly one third of NY residents are on Medicaid representing a cost of $70 billion annually.

While Cuomo has recently stated that nursing homes represented the crisis in NY for CoVid 19, it was the state government that ‘ordered’ nursing homes to take in CoVid residents.   73% of all deaths in New York state claimed to be caused by CoVid 19 were residents of NYC. Twenty six other counties within New York report death rates of 5 and under, yet the lockdown applies to every county.   A number of counties have -0- deaths, but must adhere to the same lockdown restrictions as NYC.   The absurdity seems lost on Health commissioners, Comptrollers, Governors and Mayors who are irate that their deficit is not being wiped clean by President Trump and OUR Dollars!

A damning video of Cuomo’s response to the CoVid 19 virus reveals an arrogant, we are the best in the world, timeline response dating from February 2, 2020.   While claiming New York could handle it better than any other state, claiming New York had the best hospitals and most up to date equipment ‘in the world’ – to cryin’ the blues…

March 20th, Cuomo issued an Executive Order lockdown which remains in effect today.

Further dementia would have Pelosi brightly smiling while announcing that state and local governments require $1 trillion to stay in business and a new package is being assembled with Maxine Waters at the helm of distribution???  

https://www.cnbc.com/video/2020/03/30/cuomo-on-coronavirus-watch-a-timeline-of-his-comments-since-february.html