I call you a jerk because you're a jerk. Period. Don't care if you like it or not. We're not friends.
@More cowbell: The bankers didn't ruin the economy, the freakin government did. The bankers were dealing with cards from the government's deck. Read this (takes ten minutes): http://www.cato.org/pubs/journal/cj30n2/cj… It's factual and it follows exactly what I learned day by day watching CNBC (money channel) during the meltdown. (CNBC was good about reporting facts and keeping spin out of their summaries.) When you get done reading you'll have an equivalent of a Masters on the meltdown. I can't believe all the BS people believe about the causes and effects of the situation. Of course, you may want to stay dumb - many do - but that's your prerogative. P.S. Million dollar bonuses have nothing to do with the situation. The banker's compensation may piss you off but the bonuses were contractual - legal - obligations. Unlike GM and GMAC, Wall Street bankers have paid back TARP money with interest.
@OMFUG: I lived in California many years and referendums have nothing to do with their current situation. Check out that link I provided in the previous comment and you'll see that nearly all the badly run states are blue, blue, blue and nearly all the well run states are red. Maybe there's a message in the order of their listing. Hmmmm....
Very good analysis, Chris Allen, I would rather have the ignorant fools from our legislature making sophomoric stabs at representative government than host referendums.
Gee... California has slipped from 6th in the world's GDP in the 90's to 11th, between Canada and Australia. I'm not worried about them, most of the places going bankrupt are dumps anyway.
And why are retiring government workers hurting the economy? Because when the bankers ruined our economy, they ruined their pensions. They ruined the government investment that funds the pensions. The economic near collapse did a lot of damage to municipal coffers. Aside from that, the pensions would be fully funded. Nice try, though.
http://www.latimes.com/news/local/politica…
Not that its my job to do your googling, Bob.
Commenters keep making comments without checking and hoping others don't check. Here's a link from NBC (there's other sources ,too): California ranks LAST in "best run states." Texas? Number 13. Tennessee? Number 12. There's a half dozen cities in California declaring bankruptcy or at least crossing their fingers hoping to avoid it. The main reason? Retiring government workers. Retiring UNION government workers. And in Los Angeles the world is upside down. Democrat contenders for Mayor proposed tax breaks to attract new businesses. Shazamm!!
http://best-run-states.247wallst.com/
Actually, California is not broke. They do have a lot of debt (and so does Texas by the way) and some serious problems though. The problem in California, as trolls like bobsguns and others who breathlessly post on Pith ignore, is far more complicated. Their system of government was created to be a direct democracy where any changes (such as taxes) go directly to the people in the form of referendums. It's frustrated both Republican and Democratic governors. There are simply no easy fixes in that state. Contrast that with Texas, which is not the free-market haven that "conservatives" makes it out to be. Governor Perry has doubled that states debt and has had to appropriate nearly their entire "rainy day" fund to make it appear that they are a fiscally prudent state. But Texas doesn't have a referendum system. But they still manage to mostly kick the can down the road for some future Governor and legislature to deal with.
>>CA has a huge surplus right now<<
Cite your source as ALL of the news media is reporting CA is broke, broke, broke & Gov. Moonbeam is raising taxes like there's no tomorrow. If you have proof otherwise, then by all means, trot it out.
CA has a huge surplus right now and is giving it to the schools. FYI, Bob's Guns.
>>Government should not be run like business<<
Yeah, look how well that's worked for Detroit, California, etc.
Sweet jesus, liberals ARE woefully ignorant.
Business number 1 priority is to make a profit, government is to provide a service. Simple as that! It always makes me smile while clenching me fists when some RW yahoo makes statements like running government like a business! I have run several successful ,businesses (and some who weren't), and trust me (or not), it is NOT the same as government, not even close! Two different mission statements!
Ahh, there's that famous conservative reverence for property rights.
The next Sweeps Period isn't until November so chances are this story will be retired until then.
There are some very good television journalists in this town. Ferrier is not one of them. I've never understood why Channel 4 tries to pass him off as a serious investigative journalist - he's an embarrassment. Glad the TBI exposed this ratings hype-machine.
So last time I commented on an Amp-related article, my suggestion of having a BRT serve the Murfreesboro Rd. corridor was implemented, and I'm deciding that that is sufficient evidence to show that these comments work.
Now I'll suggest a BRT line on the Nolensville Rd. corridor.
I still think BRTs are a fantastic idea. I think Dean's chasing the folks with money as opposed to those of us who actually use public transportation. I know that they want to increase ridership, but one way to do that is to make public transport more convenient, more reliable, more useful. That can, and should, be done within the existing system prior to pouring a lot of money into this project.
This story was typical hyperbolic yellow journalism which is now the norm for this crap TV station. Channel 4 was once respectable but no more.
Government should not be run like business. Government is not business; they have very different aims.
And Haz should keep the phrase "appearance of impropriety" in mind. They don't teach that at B-school, I imagine.
Jim Collins, those are not mere diversions! Get your undersized head out of the sand! And ObamaSauce sounds disgusting! We already have ObamaCare, ObamaCore, and Obamaphones! If we have to have ObamaSauce, this country is even worse off than I could have ever imagined!
Humphrey's column is excellent.
Re: “Hey, Gov. Haslam — CEOs are Accountable to Shareholders, Right?”
The Cato Institute, xray/zoombah/gasttheMIA/vladtheoozriddledleeper, is THAT your source? That is akin to consulting Dr. Joseph Mengele about medical ethics! Your previous Wall Street article is based on OPINION from the business (investment) perspective. Considering government is NOT a business, but a service based NOT FOR PROFIT, their POV is rather skewed. That being said, admittedly California (where I have lived also in the past and operated a business for 3 years) is having financial difficulties. In NO small part due to it's extremist Direct Democracy concept, ignoring the benefit of a Democratic-Republic.