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6
Posted on 3/4/18 at 11:49 am to RedRifle
They don't have a dime of that if laid against their pension debt.
Posted on 3/4/18 at 11:50 am to RedRifle
what about the half a trillion they owe the federal govt?
Posted on 3/4/18 at 11:51 am to Tiger1242
quote:LIBERALS!!!!!!!!!!!!!
It’s amazing how many people are shitting on a state having a $6 billion surplus like it’s nothing
Posted on 3/4/18 at 11:53 am to Mudminnow
That's very strange....
Posted on 3/4/18 at 11:56 am to Tiger1242
quote:
It’s amazing how many people are shitting on a state having a $6 billion surplus like it’s nothing
They’re triggered because it doesn’t fit the narrative of California being a helpless and broke liberal state
Posted on 3/4/18 at 11:58 am to JetsetNuggs
quote:
And yet, no water. frick those dorks.
I'm with you bro. I'm sick of hearing about the water shortage in the west when all the Golf courses, Rich people, and things associated with rich people use water as they please. Pipe the Mississippi West already for fricks sakes!
Posted on 3/4/18 at 11:58 am to TheIndulger
I have never been there.... but I would rather just visit it .... I would never live there... even though it's beautiful and offers pretty much anything a person could desire.....
Posted on 3/4/18 at 12:00 pm to TheIndulger
It kinda does fit the narrative. They are no longer in the hole financially because they passed new taxes. It's not like they cut spending
Posted on 3/4/18 at 12:00 pm to yellowfin
quote:
You need to brush up on your governmental before taking that CPA exam
$1 trillion in pension liabilities and $6 billion in cash. Please tell me how 6 billion can pay 1 trillion.
Also, just looked at their f/s, their biggest asset by far is highways and infastructure. You can't sell that to cover bonds or other debt Wich total more than that anyway.
This post was edited on 3/4/18 at 12:05 pm
Posted on 3/4/18 at 12:02 pm to Tiger1242
quote:
It’s amazing how many people are shitting on a state having a $6 billion surplus like
That is a one-year, budget surplus. Good for them.....it’s a damn sight better than a typical year in California. Their overall debt is still nearly half a trillion dollars.
Posted on 3/4/18 at 12:03 pm to Tiger1242
quote:
It’s amazing how many people are shitting on a state having a $6 billion surplus like it’s nothing
Its the OT - nothing is amazing.
Posted on 3/4/18 at 12:04 pm to TheIndulger
Fits well with the Liberal mentality of using tax increases to cover up fiscal incompetence. Just look at those in this thread thinking CA is doing well with $6B now against $1000B+ in unfunded pension liabilities. Liberals aren't very bright as a whole but they really suck at math.
Posted on 3/4/18 at 12:05 pm to TheIndulger
quote:
They’re triggered because it doesn’t fit the narrative of California being a helpless and broke liberal state
God damn you people are dumb. It’s a budget surplus.
California is still massively in debt.
Posted on 3/4/18 at 12:06 pm to SprintFun
Not only that, every hayseed frick on here is an expert on everything that happens over here. It's like Dale Gribble being nosy about every other neighbors' shite when John Redcorn is sneaking into his own house every night 
Posted on 3/4/18 at 12:09 pm to Mingo Was His NameO
Surplus simply means they took in more than they spent for the last year. It has nothing to do with the balance sheet
Posted on 3/4/18 at 12:12 pm to WaltTeevens
quote:
They’re triggered because it doesn’t fit the narrative of California being a helpless and broke liberal state
They are so much in debt, they could have a surplus for decades and still not even dent their debt.
Liberals and their math:
"We have 6 billion surplus, but we owe trillions and trillions for debts. Were rich!!!!!!"
Posted on 3/4/18 at 12:12 pm to yellowfin
quote:Well you got one, his name is Jon Bel Edwards
I don't want a governor that's going to balance the budget by taking more money from me
Posted on 3/4/18 at 12:12 pm to RedRifle
So they should be able to fix the traffic and homeless problem easily then.
Posted on 3/4/18 at 12:13 pm to HonoraryCoonass
Tell me again of one government entity worldwide be it; municipal, local, state, sovereign that does not have any debt?
I’m waiting.
I’m waiting.
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