OK CA has a budget surplus if you forget about thier debt. Just the CA government workers pension debt is about 1 trillion dollars. Those in charge ain't talking about that. CA is ranked DEAD LAST in budget transparency! CA's budget is, as usual, full of tricks and questionable accounting. One of the more dubious ploys involves borrowing from special funds. This year, there’s a proposal to borrow $6 billion (with a “b”) from the state’s Surplus Money Investment Fund to reduce the unfunded liability of the state’s pension fund, PERS!
Other things to think about. CA has the largerst number of people on "public assistance. They have 39.5 million people of which 30% are on the take. That's a little more than 11.8 million people. That's over twice the population of KY. I case you haven't been following the news businesses and people a fleeing CA. He's the trick. Businesses take jobs with them as they leave. And the folks fleeing the state? Those with enough income paying taxes. Can you tell that this is a system that's going to eventually collasps like a house of cards? It just isn't sustainable. Funny thing is CA's population is stable in numbers. Where it's in trouble is that most of the new arriavals need public assistance while most of those who are leaving do not. Fella from CA that I talk to claims that in his area there are about 60 applicants for each open job position. Other areas of the country there are jobs and not enough workers.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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