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Re: Map of States vs Budget Shortfall in 2011 (California == The Predatory State)

By: Decomposed in ROUND | Recommend this post (0)
Fri, 13 May 11 3:37 PM | 74 view(s)
Boardmark this board | De's Test Board 		Msg. 32926 of 45510
(This msg. is a reply to 32924 by fizzy)
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fizzy,

I've heard good things about Colorado. A few years ago, I remember that it was judged one of the five (or so) "freest" states - using a variety of factors. That was an eye opener to me given Colorado's reputation as something of liberal magnet / hippy state.

Colorado isn't TOO far away from California. I think the drive from Denver took me about 19 hours when I had to do it after getting stranded on 9/11. That might matter to you and your employees.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Map of States vs Budget Shortfall in 2011 (California == The Predatory State)
By: fizzy in ROUND
Fri, 13 May 11 7:37 AM 		Msg. 32924 of 45510

http://money.cnn.com/news/storysupplement/economy/state_debt/index.html

Interactive chart entitled "Your share of state debt" (debt per capita). I'm not sure of the date but assume it is current due to the copyright at the bottom.

On the other hand, I can't reconcile it with either the previous map NOR the picture which has been put out there re state shortfalls. This map shows each CA resident "only" having a $2k+ share of CA debt but that doesn't jibe well, imo, with the previous news of $20-$40Billion shortfalls in consecutive years!

I COULD USE YOUR HELP HERE IN SORTING OUT (1) THE REALITY OF THE STATE DEBT PROBLEMS *AND* (2) HOW THE STATES ARE DEALING WITH THEIR PROBLEMS. I CAN TELL YOU HOW CA IS "DEALING" WITH IT: THEY HAVE GONE PREDATORY ON THE SMALL BUSINESSES IN PARTICULAR AND THEY ARE LAUNCHING NUMEROUS "FISHING EXPEDITIONS" UNDER VARIOUS STORIES WHERE THEY ARE HITTING PEOPLE UP HERE AND THERE AND EVERYWHERE. I AM GETTING PROBABLY ONE NEW NOTICE OF AN UNKNOWN TAX PER *WEEK* IN THE LAST SIX WEEKS. THIS WEEK ALONE I HAVE BEEN HIT WITH *3* SURPRISE TAXES/ INQUIRIES.

The way a state is dealing with their problem is actually more of an issue to me than the actual debt. California is an awful, awful, awful, cesspool of a state in which to conduct business now. I suggest people stay the hell away and I am trying to think how and how quickly I can exit the state with 30+ jobs in tow. In reality, I will probably take more like 50+ jobs when I consider all the suppliers and knock on effects which will be affected by my taking my businesses to a less abusive environment.

Anyway, if anyone can help me get a feel for the better states to be in during this period of depression, I would appreciate it!

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