Polish Leppy 22
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It's awesome to see the diversity in that room today. It looked a lot different when I was a kid.
Still needs some work though.
Agreed. All the Democrats in the Senate are white.
It's awesome to see the diversity in that room today. It looked a lot different when I was a kid.
Still needs some work though.
Great job indeed.
Let's get work: On creating jobs can I get an American jobs act round 2 got filibustered last time, on fixing immigration, on reducing our debt in a balance way that is fair, on keep children safe, and giving people a fair opportunity to vote.
Smaller gov doesnt equal medicare cuts, especially in political talk, because no wants cuts to medicare/SS, but alot do want smaller gov. Its the same thing with obamacare, lots of people support each individual element, but the sum is disliked.
Back to what im saying, if GOP could preach smaller gov without religious/immigration/military standpoints from establishment, they prolly would of won, in my guess
If I give a good speech can I kill american citizens without many caring?
Agreed. All the Democrats in the Senate are white.
Meanhile, out in the wild wild west. Texas is booming and California is the new Greece. Wonder why?
Reuters) - Texas Governor Rick Perry's latest sales pitch to California businesses boils down to four words: Texas is no California.
"Building a business is tough. But I hear building a business in California is next to impossible," Perry says in a cheeky radio ad that aired ahead of his tour of the Golden State this week. "See why our low taxes, sensible regulations and fair legal system are just the thing to get your business moving to Texas."
The Republican governor hopes to tap into perennial discontent among some California businesses over the high taxes and welter of regulations that have helped California earn the title of the worst state for business for eight years running in an annual survey conducted by Chief Executive magazine.
Perry is touring California this week to try to lure businesses to Texas to continue feeding the state's economic engine that has propelled it to the lowest unemployment rate among major states and given the government a surplus when most states are running deficits.
Democratic California Governor Jerry Brown brushed off Perry's $24,000 ad effort, saying it was "barely a fart," and many analysts say there is no evidence a meaningful number of businesses are choosing to leave California or expand elsewhere.
Still, the passage of a Brown-backed voter initiative in November to raise income taxes on the wealthy has again stirred up complaints about the state's business climate.
"The disenchantment runs deeper than I'm accustomed to," said Joseph Vranich, a consultant who helps companies move into and out of California.
Vranich said that since the election he has signed five new clients who want out of California, a process that usually takes one to two years, versus the seven he typically lands for an entire year.
RIVALS IN MANY REGARDS
California and Texas, the first and second most populous U.S. states, have become rivals in a number of ways, with their polar-opposite politics standing out.
In Democratic California, unions enjoy tremendous clout and helped rally voters behind the new tax measure. Democrats also won a super-majority in the state legislature in the November elections, making the state a test-bed for Democratic policies.
Texas, by contrast, is dominated by pro-business Republicans. As the "Texas Wide Open for Business" website points out, the state has zero income tax. It's also known for minimal environmental and worker health and safety regulation.
The rivalry is also fueled by a desire for bragging rights over job growth and economic muscle.
Helped by low costs for labor, land, energy and housing, Texas has been the nation's jobs engine in recent years. Its jobless rate of 6.1 percent is the lowest of any big state, and well below the national average of 7.9 percent. Unemployment in California is 9.8 percent, down from over 12 percent in 2010 but still the third-highest rate of any state.
California boasts some assets no other state can match, like its fabled high-tech industry. San Jose, the state's third-largest city and de facto capital of Silicon Valley, last year vaulted 50 spots to the top of the Santa Monica, California-based Milken Institute's 2012 index of best-performing cities.
In many areas around San Francisco and Los Angeles, home prices are again on the rise - reflecting a nascent economic comeback and the state's continuing appeal.
But Texas has a burgeoning tech capital too, in Austin, which now ranks just behind San Jose as a top-performing city. And according to Kevin Klowden of the Milken Institute, Texas now outshines California in exports despite the Golden State's natural position as a gateway to Asia.
Texas has "decisively taken over the lead from California as the largest exporting state" by pressing links with Mexico and encouraging companies exporting to Latin America to locate operations in the state, Klowden said in a blog post on Monday.
TALKING UP TAX POLICY
Brown, who first served as governor from 1975 to 1983 and was elected to a second tour in 2010, spent much of the past two years slashing spending to cope with huge state budget gaps brought on by the housing meltdown and global financial crisis.
But with new taxes and a recovering economy, the budget is now in balance, and Brown promises surpluses in the coming years. He has called on fellow Democrats in the legislature to hold the line on new spending even as he pushes big infrastructure projects such as a high-speed rail system.
Texas, by contrast, benefited from an energy boom even as the national economy was in recession, and currently boasts a $9 billion surplus. Perry wants to change the state constitution to return revenue when the state brings in more than it needs.
California's tax hikes leave it with rates ranging from 10.3 percent to 12.3 percent on income between $250,000 and $1 million through the 2018 tax year. An extra pre-existing tax for mental health spending puts the overall tax rate on millionaires' income at 13.3 percent, the highest of any state. The temporary increases also included a boost to the sales tax.
During his swing through California this week, Perry will also likely talk up Texas' light regulation - one reason CKE Restaurants Inc is looking to that state for growth.
Andrew Puzder, chief executive of CKE, said Perry personally lobbied to try to get the Carpinteria, California-based operator of Carl's Jr restaurants to plant its headquarters in Texas.
All governors are boosters for their states but Perry is much more, Puzder said: "He runs his state as an entrepreneur ... He views it as a competing business."
CKE aims to open 300 restaurants in Texas by the end of the decade, helped by its fast permitting. CKE will open restaurants in California but only "opportunistically," Puzder said.
Waste Connection Inc Chairman and CEO Ron Mittelstaedt moved the waste hauler's headquarters just over a year ago to The Woodlands, Texas, near Houston, from the Sacramento, California area. The company operates nationwide so it needs to be centrally located but Mittelstaedt said regulation also drove the move - as did Texas' pro-business culture.
"I'd take free-market capitalism over socialism any day, and that was the decision that we made," Mittelstaedt said.
He added that it took Waste Connections 16 months to design and build a new, 11-story building in Texas, including eight weeks for permits. He estimated it would have taken three years to just get the permits in California.
The California Environmental Quality Act is often cited by critics as major cause of pointless delays on construction projects in particular. Brown said at a conference on Tuesday he supports "reasonable" reform of the four-decade-old law, which he noted had originally applied only to state projects but that courts later expanded to cover virtually any development.
But he also indicated that changing the state's environmental laws was not at the top of his priority list. Many of his union allies, including the powerful California Labor Federation, oppose any changes, and environmental regulations are broadly popular in the state.
"Efforts by big corporations to roll back this important law put California families, workers and our natural resources at risk," the labor group's top officer said on Monday.
Agreed. All the Democrats in the Senate are white.
That's an awful long post to be completely struck down by three words: Texas in August
Libertarians preach that. People need to look more into them. What Ron Paul could have done for the Republican Party will be remembered down the road by the GOP as a swing and a miss. More and more Republicans that are in the party for small government without the nonsense need to look into the Libertarian Party.
GoIrish41
Did you read these articles? They are simplistic and again written by a journalist who has no understanding of finance or economics. It is not that easy to just create a subsidiary in Ireland and presto you pay lower taxes. You actually have to justify transferring the patents and pay the company that initially created the patent a royalty. But let's just say for arguments sake that Congress passes some type of law that a US company will be taxed at US rates based on its consolidated worldwide income. Remember when I facetiously proposed taxing all income over $1M at 100%. You said people would not pay this tax by simply stop working when they reach this threshold. Well I think it is safe to say that if Congress passed a law to tax a parent company on worldwide consolidated income, the parent would simply relocate to a foreign county which does not impose this type of tax and have a subsidiary operate in the US. Simple. Eliminate the "loophole" and end up getting less tax revenue. Shortsighted.
David Callahan is simply a left wing wingnut. There is absolutely nothing of value in that article.
Warren Buffet is a hypocrite. He can pay himself a large cash salary and his would be taxed at the highest rate, but again, it is not that simple. Capital gains and dividends taxes are not loopholes. There are actually logical reasons for taxing them at a preferred rate, foremost is that raising taxes on capital gains and dividends will only discourage individuals from saving. Why save and earn income off your saving if the government is going to confiscate it via taxes and re-distribute it to individuals who don't save. Simply have fun spending the money and collect government support from those individuals who are stupid enough to save and invest and pay the tax.
Anyway, that is it for me. Good luck to you and Chicago. You both will make exceptional comrades.
Meanhile, out in the wild wild west. Texas is booming and California is the new Greece. Wonder why?
Reuters) - Texas Governor Rick Perry's latest sales pitch to California businesses boils down to four words: Texas is no California.
"Building a business is tough. But I hear building a business in California is next to impossible," Perry says in a cheeky radio ad that aired ahead of his tour of the Golden State this week. "See why our low taxes, sensible regulations and fair legal system are just the thing to get your business moving to Texas."
The Republican governor hopes to tap into perennial discontent among some California businesses over the high taxes and welter of regulations that have helped California earn the title of the worst state for business for eight years running in an annual survey conducted by Chief Executive magazine.
Perry is touring California this week to try to lure businesses to Texas to continue feeding the state's economic engine that has propelled it to the lowest unemployment rate among major states and given the government a surplus when most states are running deficits.
Democratic California Governor Jerry Brown brushed off Perry's $24,000 ad effort, saying it was "barely a fart," and many analysts say there is no evidence a meaningful number of businesses are choosing to leave California or expand elsewhere.
Still, the passage of a Brown-backed voter initiative in November to raise income taxes on the wealthy has again stirred up complaints about the state's business climate.
"The disenchantment runs deeper than I'm accustomed to," said Joseph Vranich, a consultant who helps companies move into and out of California.
Vranich said that since the election he has signed five new clients who want out of California, a process that usually takes one to two years, versus the seven he typically lands for an entire year.
RIVALS IN MANY REGARDS
California and Texas, the first and second most populous U.S. states, have become rivals in a number of ways, with their polar-opposite politics standing out.
In Democratic California, unions enjoy tremendous clout and helped rally voters behind the new tax measure. Democrats also won a super-majority in the state legislature in the November elections, making the state a test-bed for Democratic policies.
Texas, by contrast, is dominated by pro-business Republicans. As the "Texas Wide Open for Business" website points out, the state has zero income tax. It's also known for minimal environmental and worker health and safety regulation.
The rivalry is also fueled by a desire for bragging rights over job growth and economic muscle.
Helped by low costs for labor, land, energy and housing, Texas has been the nation's jobs engine in recent years. Its jobless rate of 6.1 percent is the lowest of any big state, and well below the national average of 7.9 percent. Unemployment in California is 9.8 percent, down from over 12 percent in 2010 but still the third-highest rate of any state.
California boasts some assets no other state can match, like its fabled high-tech industry. San Jose, the state's third-largest city and de facto capital of Silicon Valley, last year vaulted 50 spots to the top of the Santa Monica, California-based Milken Institute's 2012 index of best-performing cities.
In many areas around San Francisco and Los Angeles, home prices are again on the rise - reflecting a nascent economic comeback and the state's continuing appeal.
But Texas has a burgeoning tech capital too, in Austin, which now ranks just behind San Jose as a top-performing city. And according to Kevin Klowden of the Milken Institute, Texas now outshines California in exports despite the Golden State's natural position as a gateway to Asia.
Texas has "decisively taken over the lead from California as the largest exporting state" by pressing links with Mexico and encouraging companies exporting to Latin America to locate operations in the state, Klowden said in a blog post on Monday.
TALKING UP TAX POLICY
Brown, who first served as governor from 1975 to 1983 and was elected to a second tour in 2010, spent much of the past two years slashing spending to cope with huge state budget gaps brought on by the housing meltdown and global financial crisis.
But with new taxes and a recovering economy, the budget is now in balance, and Brown promises surpluses in the coming years. He has called on fellow Democrats in the legislature to hold the line on new spending even as he pushes big infrastructure projects such as a high-speed rail system.
Texas, by contrast, benefited from an energy boom even as the national economy was in recession, and currently boasts a $9 billion surplus. Perry wants to change the state constitution to return revenue when the state brings in more than it needs.
California's tax hikes leave it with rates ranging from 10.3 percent to 12.3 percent on income between $250,000 and $1 million through the 2018 tax year. An extra pre-existing tax for mental health spending puts the overall tax rate on millionaires' income at 13.3 percent, the highest of any state. The temporary increases also included a boost to the sales tax.
During his swing through California this week, Perry will also likely talk up Texas' light regulation - one reason CKE Restaurants Inc is looking to that state for growth.
Andrew Puzder, chief executive of CKE, said Perry personally lobbied to try to get the Carpinteria, California-based operator of Carl's Jr restaurants to plant its headquarters in Texas.
All governors are boosters for their states but Perry is much more, Puzder said: "He runs his state as an entrepreneur ... He views it as a competing business."
CKE aims to open 300 restaurants in Texas by the end of the decade, helped by its fast permitting. CKE will open restaurants in California but only "opportunistically," Puzder said.
Waste Connection Inc Chairman and CEO Ron Mittelstaedt moved the waste hauler's headquarters just over a year ago to The Woodlands, Texas, near Houston, from the Sacramento, California area. The company operates nationwide so it needs to be centrally located but Mittelstaedt said regulation also drove the move - as did Texas' pro-business culture.
"I'd take free-market capitalism over socialism any day, and that was the decision that we made," Mittelstaedt said.
He added that it took Waste Connections 16 months to design and build a new, 11-story building in Texas, including eight weeks for permits. He estimated it would have taken three years to just get the permits in California.
The California Environmental Quality Act is often cited by critics as major cause of pointless delays on construction projects in particular. Brown said at a conference on Tuesday he supports "reasonable" reform of the four-decade-old law, which he noted had originally applied only to state projects but that courts later expanded to cover virtually any development.
But he also indicated that changing the state's environmental laws was not at the top of his priority list. Many of his union allies, including the powerful California Labor Federation, oppose any changes, and environmental regulations are broadly popular in the state.
"Efforts by big corporations to roll back this important law put California families, workers and our natural resources at risk," the labor group's top officer said on Monday.
So Let me get this straight, Perry is spending tax payers money to convince someone to open a restaurant chain in Texas?...
So Let me get this straight, Perry is spending tax payers money to convince someone to open a restaurant chain in Texas? Anyhow, I personaly know one of the people spearheadin this Perry Texas is open for business stuff and I'm not really worried about this Cali vs Texas stupidity. Hopefully he'll convince most of the dumb *** oakies we both grew up with to pull a reverse dust bowl. Haha.
The main reason? Cal Tech, Cal Berkeley, UCLA, Stanford, USC, Cal Tech, Sci Arch, Harvey Mudd, The Claremont Colleges, UCSD, UC Irvine, UCSF ect...not a coincidence that Silicon Valley is located where it is.
If companies do not want to set up in one of the biggest, dynamic and diverse markets on the pacific rim that's fine. I'm sure someone else will.
Oh yeah, been in a bunch of earthquakes. Thanks to our building codes structures don't just crumble to dust and your odds of being hurt even in a large one are minuscule. Plus there's no "earthquake season".
Actually, 15 different states currently have delegations in California trying to lure away businesses. It's not just Texas, and it's not just restaurant chains.
If California was a country it would be the 8th or 9th largest economy in the world and approx. the 30th largest in population. Over 12 percent of all Americans live here because it sucks.
There are many beautiful places in the USA, California doesn't lead by accident.
The Beverley Hillbillies didn't move to Texas when they struck it rich.![]()
Too bad the stats above don't praise California for its size and beauty. Rome was "huge" too and it collapsed from within. And the state of California (highest debt in of all 50 states) is gorgeous with much to offer tourists. I've been. Living there is becoming harder and harder for many, hence the exodus to other nearby states.
Census numbers and moving numbers don't lie. Sorry.
Your looking at a blip in almost 200 years of phenomenal growth and trying to make a point? The turn around is already in full swing here. My home value has increased almost 50k in the last 6 months. How's things in Philly?
Rubio = fail
Then you either didn't read the article above, chose to ignore it, or your home value is a tiny little "blip" in a big picture of the state of California and its finances. California leads the country in debt and unemployment and your recovery is in full swing huh? Such high goals for the modern day progressive in America!
Do I have to go back to posts I put up weeks ago showing how many people and businesses are leaving the state for lower costs of living and greener pastures?
I live an hour west of Philly and life isn't bad. If I lived in center city or even a close Philly suburb, I'd be paying about much more in taxes and the cost of my townhouse would nearly double.
Unemployment was at about 11.8 % here in 2011 and its about 9.8 now, while it hasn't changed much in Pennsylvania. High tech is BOOMING here. We don't have enough room for all the students that want to attend school here. We aren't opening many factories or steel mills.
I don't think anyone can really say that California "sucks" to live in or as an entire state.
I think the argument is that, given its competitive advantages over other states (size, landscape, location, ports, metro areas, private universities founded by rich guys, Silicon Valley, Hollywood, media centers, etc.) it could be doing so much better if it stopped overzealously taxing and regulating itself.
Just for example, it's the 2nd largest court system in the world. That's not something to be proud of.
Would like to point out Texas is being irresponsible with their deregulations as they lead US in carbon emissions. When comparing Texas to California has less carbon emissions and way way less per capita. Texas is part of the problem as to why have had 18 straight months in above normal temperature. We had horrible droughts not mention crazy storms. If our average temperature on earth raise 5 degrees per year we will have a hard time growing enough to feed people in this world.
Texas having 0 emissions would not stop the weather trend. In fact, the US curbing emissions will not stop the trend either. BRIC's are more than making up for any cuts.
I would be in favor of some form of environmental policy if it was applied worldwide. Problem is, it isn't. We could implement something here, but while we pat ourselves on the back for being green and great worldwide leaders, we hurt the middle class that we are supposed to be protecting.
As the most powerful and most wealthy nation in the world. I tend to think we should lead by example. Besides green energy can create jobs.
Would like to point out Texas is being irresponsible with their deregulations as they lead US in carbon emissions. When comparing Texas to California has less carbon emissions and way way less per capita. Texas is part of the problem as to why have had 18 straight months in above normal temperature. We had horrible droughts not mention crazy storms. If our average temperature on earth raise 5 degrees per year we will have a hard time growing enough to feed people in this world.