by Jeff Davis
Which state will be the first to go completely bankrupt and finally run out of money for the welfare checks? Illinois and California have been neck and neck for over a year, and lately it looked like California was pulling ahead in the Financial Incompetence stakes. It looked like the Golden State would carry off the booby prize, but Illinois has now put on a burst of speed that may crash it all down into ashes before its West Coast rival.
An article on Bloomberg.com reports: “Illinois lawmakers will try this week to accomplish in a few days what they have been unable to do in the past two years — resolve the state’s worst financial crisis. The legislative session that began today as the House convened will take aim at a budget deficit of at least $13 billion, including a backlog of more than $6 billion in unpaid bills and almost $4 billion in missed payments to underfunded state pensions.
Bloomberg goes on: “The fiscal mess is largely of the [Democrat] lawmakers’ own making, and failure to address the shortages threatens public schools, local governments and other public services, said Dan Hynes, the state’s outgoing comptroller. ‘We’ve reached a very critical and concerning point,’ Hynes said in an interview in his Chicago office, with packing boxes stacked in the corner. [Packing boxes? Perhaps he is planning to flee the country ahead of a federal indictment.] ‘What’s missing right now is a general understanding by the public of where we are, of how bad it is, and what the fallout would be if we don’t deal with it properly.’ ”
Yes, of course. It’s all the public’s fault. The Democrat political machine that has run Chicago and Illinois for generations has nothing at all to do with it.
Back to Bloomberg: “What the public may not appreciate, Wall Street does. Illinois shares with California the lowest U.S. state credit rating from Moody’s Investors Service, which in September forecast possible further financial deterioration. Unlike California, Moody’s assigned Illinois a negative outlook. Illinois’s deficit, about half its $26 billion general-fund budget, puts it among the U.S. states confronting $140 billion in shortfalls in the coming fiscal year after closing $160 billion in gaps this year, according to the Center on Budget and Policy Priorities, a Washington research group.”
Sometimes you have to wonder just what the hell the Democrats do with all that money? Where does it go? Surely they can’t have stolen and embezzled and gambled and drunk it all away? How many trips to Atlantic City and Las Vegas can even the most corrupt and jaded state official take?
Bloomberg: “Hynes, 42, predicted the deficit might rise to $15 billion by midyear, and that prospect has come with a price tag. The cost of insuring Illinois debt against default rose to a five- month high last week as the state headed into this year without a plan to finance a $3.7 billion pension-fund contribution. Insuring $10 million of Illinois debt against default cost $350,000 a year on Dec. 29, more than California’s $298,000, according to data compiled by Bloomberg. Illinois and Arizona were the weakest states in a Dec. 30 financial-strength index report from the Chicago office of BMO Capital Markets, a financial services company.”
Illinois, California and Arizona all have problems with large numbers of Blacks and Latinos. Arizona at least tried to deal with its Latino problem by passing bill SB1070 which the Obama regime promptly challenged in court in direct violation of the Tenth Amendment. California and Illinois practically have a welcome mat out for swarms of Third World invaders.
Bloomberg: “Lawmakers meeting in Springfield will consider spending cuts, an expansion of casino gambling and a proposal from Democratic Governor Pat Quinn to borrow $15 billion to pay overdue bills and help fill the budget hole. The bill before the House would create five new casinos, including one in Chicago, and authorize electronic gaming at horse-racing tracks and nine existing casinos. The measure has passed the Senate.”
What I don’t see in here (or in California) is any plan for what happens when Zero Day finally arrives and the welfare and pension and Medicaid and other state entitlement checks are due, and there is just, plain, no more money.
Welfare as we know it was created in the 1960s as a bribe to prevent Blacks from rioting by paying them off, but we’re well past the day when the parasites are taking more than the producers can provide for them. The day the welfare checks don’t come, there will be an explosion of violence and the blood will run red in the streets of Los Angeles or Chicago.
by Jeff Davis
An article from the National Journal reports: “By any standard, white voters’ rejection of Democrats in November’s elections was daunting and even historic. Fully 60 percent of whites nationwide backed Republican candidates for the House of Representatives; only 37 percent supported Democrats, according to the National Election Poll exit poll conducted by Edison Research. Not even in Republicans’ 1994 congressional landslide did they win that high a percentage of the white vote.’ ”
First of all, what sort of self-hating lunatic White person would ever want to vote for the Democrats. The Democrat Party should actually call itself the “Anti-White Party” for the sake of truth in advertising. Everything the Democrats do involve taxing White people more to give that money to minorities, not to mention taking job opportunities away from White people via racial quotas, which have been going on for 40 years and will apparently never end. I suppose there will always be some die-hard crazy liberals out there. Trouble is you need to live in a pretty exclusive all-White neighborhood to maintain the usual liberal illusions about the Blacks. If you live in the real world and routinely drive through race-mixed parts of town, you quickly realize how dangerous Blacks and Latinos are, and that a Black mugger or rapist really doesn’t care if you’re a conservative or liberal; he just sees you as a victim.
Despite the White flight from the Democrat Party, a depressing number of Republicans “think” that they must pander to Blacks and Latinos to win their elections.
There is a “dirty little secret” many Republican politicians don’t seem willing to acknowledge: It’s entirely possible in many states to win with ONLY the White vote. All the garbage about going after the Black or Latino or Asian or even the Gay vote is just so much nonsense. Why don’t more Republican politicians simply go after the White vote by supporting lower taxes and tougher immigration enforcement? I can guarantee them that they’ll also get a lot of Black votes (and even some Latino votes) with a tough-on-illegal-alien message. Being “pro-White” doesn’t mean that you’re going to be unfair to Blacks or Latinos.
One thing very few politicians seem to understand is that they LOSE White votes every time they go off pandering to Latinos or Blacks. Most White people say to themselves “This clown is no better than the Democrat candidate.” This is a big reason why Meg Whitman lost the governor’s race in California –she kept listening to high-paid (idiot) advisers, who kept telling her to pander to minorities. If she came out for lower taxes and deporting illegal aliens, she probably would have won the election.
The National Journal goes on: “Moreover, those results may understate the extent of the white flight from the Democratic Party, according to a National Journal analysis of previously unpublished exit-poll data provided by Edison Research. The new data show that white voters not only strongly preferred Republican House and Senate candidates, but also registered deep disappointment with President Obama’s performance, hostility toward the cornerstones of the current Democratic agenda, and widespread skepticism about the expansive role for Washington embedded in the party’s priorities. On each of those questions, minority voters expressed almost exactly the opposite view from whites.”
The racial interests of Whites and the so-called minorities are diametrically opposed and always have been. America has now officially become all about whichever Black or Brown minority or special interest group can take more money through taxes from White families.
The election of Barack Obama will likely mark a high point in liberal delusions. Millions of Whites, who grew up watching the Cosby Show or the Jeffersons and who were brainwashed into thinking that a Black could be fair and reasonable if trusted with power have just witnessed two of the worst years of bungling, cronyism and $787 billion dollars of Stimulus spending, which somehow never made it down to the little guy. When General Motors was choosing which dealerships to close after getting massive government assistance, the dealers, who donated to Democrats, curiously stayed open while the dealers who donated to Republicans got the shaft.
Obama is as big a crook as any other Democrat politician out of Chicago. The Peter Principle says that “every employee tends to rise to his level of incompetence”. Well, there should be an “Affirmative Action Peter Principle” that predicts “every Black employee will rise several levels above his incompetence because people are extremely reluctant to point out a Black failure.” There’s no denying that the economy is in sad shape. 157 banks failed in 2010, which is 17 more than in 2009. Christmas sales data for December was even worse than for November despite all the hype and lies from the liberal media. Obama is a failure as a president, and the 2010 elections should be the strongest proof so far.