California adds "thievery" to "can kicking" and "fraud" in repertoire of budgeting tools

A short post, just to emphasize the obvious, not because it hasn't already been said, but because it deserves to be reiterated (and as a bonus, it serves as a "gimme" prediction for next year when the next wave hits).

So California is expanding its arsenal for dealing with out-of-control spending and a dysfunctional legislature. Not content with just can kicking and accounting fraud (or, more precisely, those we're not enough this time), we recently added thievery [from local municipalities] to the list of lows we're willing to stoop to. Apparently there's not much which is ethically out-of-bounds for our legislator-scum.

Not that I would expect their latest trampling of the laws and common decency to stand up in court or anything, and it's certainly going to be challenged early and vigorously. In the end the lawyers will make a lot of money and the legislature will be able to push off fixing the problem for a few more years while they pretend they can/will prevail in their court case, which is all they really want anyway. After all, there's got to be another bubble around the corner to once again bail-out California and their ridiculous spending excesses, right?

Either that, or just keep issuing IOU's as our own currency, that way we can just print more of them instead of solving our problems; it works for the federal government, surely it can work for states too. To paraphrase Joker, "this country needs an enema."