12 Replies to “O, Sweet Saint Of San Andreas”

  1. Ya mean to say a fellow can’t count on ‘assumed revenues’? What’s this world coming to?
    Next thing you know, you’ll be trying to tell us we can’t borrow anymore!

  2. Oh well, now all the Liberal Loons can pay even more tax to cover the revenue losses. They are always begging to raise taxes, what better excuse than the state has no more business revenues. Lucky them, it’s always nice to see people getting what they really wanted out of life.
    They also need to start a multibillion state funded add campaign in Mexico to bring in millions more illegal immigrants to sit around Californian street corners collecting welfare and selling drugs.
    When you’re building a utopia, you should give it your full effort instead of these half measures.

  3. Perhaps the next financial epiphany to come out of California will be to tax capital losses.

  4. I seem to remember something about not counting your sheep until they are fleeced.
    The reason these folksie quaint pieces of advice are repeated down the generations is because there is a thread of truth to them.
    But what do I know? I’m just a house frau…

  5. It sounds from the article as though St. Andrew is beginning to listen to your prayer, Kate!

  6. I guess that’s what happens when a state with a population the size of Canada plans its budget around one rich Jewish kid. Never saw that comin’.

  7. Anticipating vast revenue from trading shares in Facebook seems rather foolish as in reality you are trading in nothing but a fad. Without advertising Facebook has no value and in a sinking economy advertisers go for the best bang for the buck. That’s not Facebook, but that is the type of of crap which has replaced everything that has been outsourced. Individuals have always been able to get rich selling pixie dust but you can’t support a country or state on selling nothing. Reminds me of taxing a .038% trace gas called Carbon.

  8. Any day now the Earth will flush away the trash can of Western liberal humanity. Its inevitable.

  9. This is what usually happens when governments invest with stolen money.
    It happened in Ontario with the Suncor shares a couple of decades ago. And Lord knows what the CPPIB is up to.

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